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30-December-2017

To benefit the farmers in Andhra Pradesh, huge subsidies are offered by the India’s Central Silk Board. The chairman, Central Silk Board, KH Hanumantharayappa said, "The benefits includes from the purchase of fertilizer and pesticides to selling of cocoons and yarn. The farmers will also get free training on best farm practices who prefers sericulture."

He made this announcement recently after interacting with mulberry farmers from Gollaprolu and Chebrolu in Andhra Pradesh which holds second place in the country in silk cocoon production.

The centre, through the  Central Silk Board, offers subsidy to the tune of Rs. 1 crore on the machinery used for yarn making that costs Rs. 1.4 crore, Hanumantharayappa said. All subsidies would be released within 24 hours of submitting the application and there is no need of providing bank guarantee, he added.

The subsidies are up to 90 per cent for scheduled caste and scheduled tribe farmers, he said.

- Apparel and Textile News, Apparel Talk, Indian Apparel

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