Related Keywords: compete in market, cost of production is high compared to powerloom products, handloom is a cottage industry, MI, MI is essential to compensate weavers, National Handloom Development Corporation Limited, NHDC, Proposals to withdraw Marketing Incentive, revised guidelines, set to hit the handloom weavers hard, ten percent subsidy on hank yarn
The proposals to withdraw Marketing Incentive (MI) following revised guidelines of the National Handloom Development Corporation Limited (NHDC) and 10 percent subsidy on hank yarn are set to hit the handloom weavers hard.
Maintaining that handloom is a cottage industry and the cost of production is high compared to powerloom products, MI is essential to compensate the weavers to allow them to compete in the market and also ensure that they get regular work.
