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Package estimated worth Rs.2000 cr being planned to improve the handloom sector

Related Keywords: handloom sector, Revival Package, Textile Ministry

The government to improve the low prevailing efficiency of handloom sector plan to implement a revival, reform and restructuring package. Handloom sector with 27-28 lakh handloom household units and around 43 lakh handloom weavers working is able to contribute only 11% of the total cloth production, thus needs attention.

The Indian Textile Ministry has come up with a proposal aimed to reduce the debt overhang face by the handloom sector and help it grow.

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