Home / Knowledge / News / Textiles / Handloom weavers waiting for loans waiver
Handloom weavers waiting for loans waiver
08
Aug '09
The Chief Minister of Andhra Pradesh had promised the handloom weavers to waive off their loans on par with farmers, when assuming charge, as the Chief Minister for the second term.

Details of the outstanding loans taken by the weavers have been sent by the officials of Department of Handloom & Textiles to the government for action, but as of date no action has been taken by the CM.

In the recent budget, the government had increased the share of amount allocated for the Handloom & Textile Department and decided to waive off loans that weavers had taken from various banks in the district.

In Vizianagaram district, many weavers from 18 weaver cooperative societies took loans of about Rs. 2.04 crore, but in past three-years the weavers are witnessing a major crisis due to the depressing handloom market.

The weavers are not able to generate profits due to the increase in input costs and institutional charges and the weavers who are forced to use inferior quality thread are finding no demands for their products.

Whatever earnings they are able to generate through selling of their little stock is not even able to meet their expenditure. And no action from government on the promotional activities related to marketing of handlooms is also affecting the weavers.

The congress government had asked the district administration to encourage the employees to wear handlooms at least one day in a week, but this order too has not been followed by the administration.

Along with waiver of loans, the government should take measures for handloom promotion, said a weaver. An exhibition-cum-sale that is organized by the Textiles and Handlooms Department in selected cities only, once or twice in a year, which is not sufficient for handloom promotion, he added.

The government has appointed a committee to deal with the problems faced by the handloom weavers in the state

Fibre2fashion News Desk - India


Must ReadView All

Uzbekistan-China meeting discusses textile cooperation

Textiles | On 20th Aug 2018

Uzbekistan-China meeting discusses textile cooperation

A meeting of the Uzbek-Chinese business forum on cooperation in the...

Amazon infuses additional $400 mn into India operations

Apparel/Garments | On 20th Aug 2018

Amazon infuses additional $400 mn into India operations

Amazon has invested an additional $400 million (₹2700 crore) in two...

Moldova wooing Indian investors in textiles, agriculture

Textiles | On 20th Aug 2018

Moldova wooing Indian investors in textiles, agriculture

Moldova is wooing Indian investors in textiles, agriculture and a few ...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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


August 2018

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

news category


Related Categories:

Advanced Search