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Weavers upset over non clearance of pending subsidy

Related Keywords: handloom sector, Kannur weavers, subsidy

Kannur weavers upset as no action taken by the government towards the handloom sector to clear the subsidy. Though finance minister K M Mani announced Rs 7 crore for clearing the handloom rebate in the budget for 2014-15, taking into consideration the huge backlog that is due to the weavers, this is practically nothing. It will only deepen the crisis in the handloom sector, said Weavers' Cooperative Societies' Association leaders addressing a press meet on Wednesday.

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