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MoU signed for yarn supply to weavers
The State Industries Department of Bihar has signed an MoU with the National Handloom Development Corporation (NHDC) to provide yarn on credit to weavers for 45 days. Bihar, in fact, became the first State in the country to sign such an agreement with NHDC and the State Industries Department has created a corpus of Rs 1 crore for this scheme.
Co-optex clocks Rs 315 cr sales
OS Manian, Tamil Nadu Handlooms and Textile Minister, said that the Tamil Nadu Handloom Weavers’ Co-operative Society Ltd, popularly known as Co-optex, has recorded total sales of Rs 315 crore in 2016-17.
Financial aid for handloom weavers
The Union Textiles Minister Smriti Irani unveiled a Mudra portal recently that will enable banks to deposit financial assistance to handloom weavers in electronic mode and credit the loan directly to their accounts.
Co-optex sets new record in sales
State-run Tamil Nadu Handloom Weavers’ Cooperative Society Ltd (Co-optex) posted an all-time high retail sales turnover of Rs 313.38 crore in 2015-16, the State Assembly was informed recently.
Gangwar opens apparel centre in Aizawl
Minister of State for Textiles Santosh Kumar Gangwar laid the foundation stone for apparel and garment making centre in Aizawl, the capital of Mizoram, and hoped the centre will be the beginning of setting up of an organised industry in the state.
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