Incentives provided by Government for Traditional Weavers

Flipkart
Flipkart

Traditional weaving on hand looms is manual activity for which power is not required. To enable hand loom sector to compete with machine-produced items, Government of India is implementing Yarn Supply Scheme to provide yarn at mill gate price at the door step of weavers; the Government is also giving 10% subsidy on cotton hank yarn, domestic silk yarn and wool with quantity caps.

The Government is implementing a scheme to provide subsidised loan to hand loom weavers at the rate of 6% for a period of three years. The interest subsidy is borne by the Government of India. Provision of electricity at concessional rates comes within the jurisdiction of the State Governments.

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