Mr Anand Sharma, Commerce and Industry and Textiles Minister, has declared measures like issuance of weaver credit card, interest subsidy, credit guarantee and freight reimbursement for the handloom weavers as part of the handloom package.
A statement from the Commerce and Industry Ministry, said, “A meeting of Expenditure Finance Committee (EFC) was held Friday and a decision of covering individual weavers also, a large number of whom are from UP (Uttar Pradesh), will be sent for consideration of the cabinet. While the loan waiver package cover the needs of loan defaulters, but the large number of individual weavers who are facing stress economic conditions also need support. A six-fold strategy has been prepared as part of the handloom package.”
Read more at: http://news.indiamart.com/story/anand-sharma-declares-relief-package-handloom-weavers-150278.html
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