India : Separate package to revive handloom sector mooted
April 27, 2006/Fibre2fashion.com, India
Decline of handloom and handicraft sector has prompted Minister of State for Commerce, Jairam Ramesh on Wednesday, to offer a separate package to revive the industry in Budget.
Revival of handloom sector depends on financial restructuring to ensure that credit flow gives maximum benefit to artisans and weavers, said Ramesh.
The needs of the sector are very less compared to agriculture and other sectors, said Ramesh. (more…)