Home / Knowledge / News / Textiles / Flood impact of 2007 still affects Sirajgani handloom weavers

Flood impact of 2007 still affects Sirajgani handloom weavers

02
Jul '09
A two-month-long flood in 2007 destroyed the businesses of most of the handloom owners in Sirajgani district. These handloom owners have been suffering from an acute financial crisis since last two years, due to the flood.

It also made nearly all the marginal and middle level farmers and weavers in the district to take huge loans. Thousand of marginal workers and traders, in Belkuchi, Ullapara, Shahjadpur and Sirajgonj Sadar upazilas of the district, have still been under pressure of loans since flood.

The local handloom board estimated a loss at Tk 126 crore in the sector of the district due the flood that affected more than 5 lakh people in the sector and damaged 1.55 lakh looms.

To bring the handloom sector of the district back on track, the government should provide the fund of Tk 150 crore, an official said. As the district's economy depends mainly on the handloom and related sectors, the destruction in handloom sector has disturbed the entire economy of the district, he informed.

About 1.35 lakh handloom owners in the district have begun their businesses again by borrowing money from banks and other sources at high interest, which has become a burden on the owners, official added.

He further informed that the government earlier had distributed Tk 1.04 crore to the handloom owners for rehabilitation.

The handloom owners, who have been affected drastically by the floods, have still not received any money from the government, though they have been listed as the flood-affected handloom owners by the government employees, said one of the handloom owners.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

US, Brazil update agreement on trade, economic cooperation

The United States and Brazil yesterday signed a new protocol relating ...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Pic: Shutterstock

Textiles | On 20th Oct 2020

CBN invests N120 bn to revive Nigeria's textile sector

The Central Bank of Nigeria (CBN) recently said it had invested over...

Interviews View All

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Jash Choraria,

Jash Choraria

Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search