INDIA: Rs 241 cr not sufficient for handloom sector: Sivakannan

COIMBATORE: The budget ’06 proposal of Rs 241 crore under the higher fund allocation for the handloom sector is a positive move towards development, Mr Sivakannan, former Chairman of the Handloom Export Promotion Council said here on March 01.

Further Mr Sivakannan expressed concern over the allotted amount as this amount may still be not sufficient compared to the handloom industry’s potentials.
 
The introduction of an interest subsidy scheme for the handloom sector similar to the Technology Upgradation Fund scheme for the textile industry is a commendable move, further added.

The processing facility is a crucial segment in value addition to the textile products produced by handloom segment; establishing `Zero' discharge facility would be costly for weavers.

However, the demand from the handloom industry for suitable capital support for the industry in establishing textile processing projects with `0'discharge norm compliance has not found any mention in the budget.


Send your News/Releases for publication to [email protected]
Added: March 2, 2006 Source: Agencies
Start script - 1519338878.1301 Start news id check - 1519338878.1302 After news id check - 1519338878.1305 After cookie_code - 1519338878.7168 Before news detail - 1519338878.7168 After news detail - 1519338878.7173 Start cat select - 1519338878.7173 After cat select - 1519338878.7175 before preg replace - 1519338878.7175 After preg replace - 1519338878.7176 Before tag engine - 1519338878.7176 After tag engine - 1519338878.7212 Before mptt engine - 1519338878.7212 After mptt engine - 1519338878.7212 Before related engine - 1519338878.7212 After related engine - 1519338878.7215 Before update hits - 1519338878.7216 After update hits - 1519338878.7217 After update news_hits - 1519338878.7222 After mem_only_views - 1519338878.7222 -------------------------------------------------- Total Exec time:- 0.59209990501404
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 22-02-2018