Centre to pay 90% cost of new looms to weavers: Smriti Irani

NEW DELHI: The Centre would fund 90 per cent cost of new looms for weavers to replace the old ones, Textiles Minister Smriti Irani said today.

This move is among various measures which have been initiated to help weavers, including a dedicated helpline for them, she said in the Lok Sabha.

Responding to concerns raised by CPI-M member P K Sreemathi Teacher about the problems faced by the handloom industry in Kerala, Irani assured that she would try her best to help the handloom weavers in Kannur, Kerala.

Old looms can be replaced with new ones as the government would pay 90 per cent cost to the weavers to help them renew their looms, Irani noted.

The government, in January, started a special helpline, especially for weavers. "I will also personally visit Kannur and try and help to the best of my ability," she said.

During the Zero Hour, the member mentioned about the problems faced by Kerala's handloom industry including financial issues and lack of rebate assistance to weaving accessories.
Stay on top of business news with The Economic Times App. Download it Now!
FROM AROUND THE WEB

A horror movie fan? The Exorcist is a must watch for you

Amazon Prime Video

Let your money work hard for you

Mutual Fund Sahi Hai

Book your home with a relaxed payment plan

Godrej Properties

MORE FROM ECONOMIC TIMES

Ask why Lalu cannot contest elections: PM Modi

6 interesting things about the new UP CM, Yogi Adityanath

7 secrets that make Marwaris so good in business

From Around the WebMore from The Economic Times

Buy VAT preparation & calculation software

Sinewave

Cashless services at 2250+ network garages*

ICICI Lombard

A Man from New Delhi Makes Rs.6,302/Day

Career Times

Prescribed Medicines @25% OFF + Free Delivery

Medlife

Communal strife in Gujarat kills one, 14 hurt

Housing.com launches new platform for real estate developers

Three in final race for 35% stake in ICICI Lombard

Punjab govt order allows CM, ministers to use beacon