Bihar Handloom Industry signed a MoU to help its Weavers

Bihar Handloom Industry signed a MoU to help its Weavers

With an aim to support 56,000 weavers of 952 primary weavers’ societies affiliated with the Bihar State Handloom Weavers’ Cooperative Union Limited (BSHWCUL), the industry have signed a Memorandum of Understanding (MoU) with National Handloom Development Corporation (NHDC) to help the weavers of the state. The State Government has released an amount of Rs. 1 crore and will provide the weavers with raw materials (yarn) on credit along with subsidy.

Under the MoU, The weavers will get 45 days to repay the loan and a subsidy of 10 per cent will also be given to them. Bihar has become first the state in India to do so. Additionally, Rs. 2 crores funding has been created for the advance payment to BSHWCUL-weavers. A cheque for Rs. 50 lakh has already been released.

Another aid worth Rs. 1.25 crores has been given to BSHWCUL. The BSHWCUL will use this fund to supply 68-inch looms, used in weaving double bedsheets and curtains among others, to the weavers.

According to a senior official of the State Government, the weavers’ societies will use NHDC’s e-Dhaga mobile app to place orders for raw materials by paying just 10 per cent of the total amount. The ordered materials will be delivered to them within 15 days without any transportation cost.

– Apparel and Textile News, Apparel Talk, Indian Apparel