The Mudra scheme was started by the Indian textile ministry where large state-run banks extend concessional loans up to ₹5 lakh to handloom weavers in all states.
The state government has also allocated ₹49,045 lakh for the scheme to distribute free dhotis and sarees, a news agency report quoted the minister as saying.
An allocation of ₹43,644.45 lakh has been made for providing free electricity to powerloom weavers, while ₹484.05 lakh has been allocated for handloom weavers in the current fiscal, he said. (DS)
Fibre2Fashion News Desk – India