More weavers need to enroll under Mudra and Bunkar Bima yojanas

As the government was paying special attention to skill upgrade of weavers, loom upgrade, ensuring availability of good quality raw material and providing better access to credit of good handloom products. Arvind Kumar, Principal secretary (industries) said that the handloom and textiles department need to hold district-level meetings to ensure that more number of weavers are covered under Mudra Yojana.

Arvind Kumar held a meeting with director of handlooms & textiles Preeti Meena, Tesco managing director Sailaja Ramaiyyar and Punjab National Bank deputy general manager Rajiv Puri on Wednesday to review the status of loans being accessed by weavers under Mudra Yojana. Punjab National Bank is the nodal bank for implementation of Mudra Yojana in the state.

The bank would finance the weavers directly based on their track record. All payments to weavers should be routed through the bank accounts opened for the purpose, said Puri.

Puri urged for a memorandum of understanding to be entered into by Tesco/Directorate of Handlooms and Textiles and Punjab National Bank in this regard. Individual members not covered under the ambit of cooperative societies would be financed on case-by-case basis.

Arvind Kumar also held a meeting with officials of Life Insurance Corporation and discussed implementation of the Mahatma Gandhi Bunkar Bima Yojana in the state. A massive programme should be taken up in October to ensure that all the eligible weavers were covered under this scheme.

Explaining the salient features of the scheme, LIC officials said that any weaver who is earning at least 50 percent of his income from handloom weaving is eligible under this scheme. Weavers in the cooperative fold and outside cooperative fold are also eligible for insurance. Of the total premium of Rs 470, Centre’s contribution is Rs 290, LIC’s Rs 100 and weaver’s Rs 80.

All the eligible weavers, who were left out, should approach the district handloom officials immediately and get themselves enrolled under this scheme.

Recent Posts

Swisstulle advances dyeing efficiency with JigMaster

Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.

3 days ago

Birla Cellulose and Circ partner to scale textile recycling

Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…

3 days ago

CARBIOS unveils enzymatically recycled polyester t-shirt

CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…

3 days ago

Yangi launches sustainable fiber-based food tray

Yangi, renowned for its renewable packaging solutions, has launched a fiber-based food tray as a sustainable alternative to plastic trays…

3 days ago

Tarpaulife Project develops alternative to PVC-coated fabrics

The European Tarpaulife Project is working on polyolefin-coated fabrics, such as polyethylene, that can be manufactured to compete with PVC-coated…

3 days ago

Better Cotton to standardise measurements for cotton production

Better Cotton has joined the global non-profit alliance, Cascale, in a three-year project aimed at standardising LCA methods across the…

3 days ago