;
Home / Knowledge / News / Textiles / Yarn supply to Bihar weavers on 45-days credit
Yarn supply to Bihar weavers on 45-days credit
28
Oct '17
The industries department in Bihar has signed an agreement with the National Handloom Development Corporation (NHDC) to offer yarn on credit to weavers for 45 days with a corpus of Rs 1 crore for this. Another Rs 2-crore corpus has been created for advance payment to weavers affiliated to the Bihar State Handloom Weavers' Cooperative Union Limited (BSHWCUL).

BSHWCUL supplies bed sheets to state health department for use in government hospitals. A cheque of Rs 50 lakh from the second corpus was handed over to the weavers' cooperative recently, according to a report in a top English-language daily.

Weavers in a state will be provided raw material on credit along with subsidy and free transport cost for the first time in the country, said state industries minister Jai Kumar Singh.

An aid of Rs 1.25 crore was also released to BSHWCUL for providing 68-inch looms to weavers for weaving double bed sheets and curtains.
The Industries department has allocated Rs1.35 crore for this scheme.

Primary weavers' societies will place orders for yarn through NHDC's e-Dhaga mobile app upon payment of only 10 per cent of the amount, after which the yarn will be delivered within 15 days without transportation charges. The weavers will repay the credit within 45 days, which will entitle them to a subsidy of 10 per cent, explained state principal secretary (industries) S Siddhartha.

Around 952 primary weavers' societies are affiliated with the BSHWCUL comprising over 56,000 weavers across the state. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Global Fashion Agenda

Apparel/Garments | On 23rd Jan 2019

Global Fashion Agenda releases CEO Agenda 2019

Highlighting the urgency of combating climate change, non-profit...

USTR aims for more balanced trade in US-EU trade talks

Textiles | On 23rd Jan 2019

USTR aims for more balanced trade in US-EU trade talks

In negotiations for a trade agreement with the European Union (EU),...

Courtesy: Ayotunde Oguntoyinbo/SMART

Textiles | On 23rd Jan 2019

EU lacks sufficiently stringent regulations: SMART

Despite the European Union (EU) having a wide range of...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Abhimanyu Singh Rathore & Barbara Anna Kosiorek, Kannbar

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

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

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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


January 2019

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

news category


Related Categories:

Advanced Search