Current Affairs Telugu Daily

Boosting measures to handlooms
Following are the slew of measures announced to encourage handloom sector in Telangana.
  • Loan waiver to benefit about 2,500 handloom weavers worth 10.5 crores
  • Each eligible for loan waiver up to 1 lakh
  • Administrative sanction for Gadwal Handloom Park
  • Handloom Corporation and Powerloom Corporation to be set up
  • Subsidy for yarn, chemicals, dyes from November
  • A subsidy of 40 percent was being extended to handloom sector and 10 percent to the power loom sector in the State.
Recent measure: Weavers' Thrift Scheme (Nethannaku Cheyutha) launched recently to encourage handloom sector

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