Financial Daily from THE HINDU group of publications
Wednesday, Sep 29, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Handloom


AP Govt moves to revive handloom sector

Our Bureau

Hyderabad , Sept. 28

IN a bid to revive the handloom sector, the Andhra Pradesh Government has decided to explore a variety of options, ranging from tapping corporates and the Railways to preparing a calendar of expos for selling handloom.

The State Finance Minister, Mr K. Rosaiah, said that talks with the Railways were on to strike a better deal, as the price quoted by the public sector logistics utility was not attractive.

Mr Rosaiah heads a high-level panel appointed by the Government to study the problems being faced by the handloom sector. The panel is expected to submit a report in 3-4 months. "The final report will come out with a long-term strategy on the issue."

Stating that the sector is in dire straits, he said that the Government had initiated some immediate measures to provide succour to the 1.74 lakh handloom weavers in the State.

Nearly half of them have been given identity cards. "These ID cards will be handy when they approach banks or other agencies for assistance."

The Finance Minister also said that 12,000 weavers have been given artisan credit cards so far and that 18,000 more cards would be distributed soon. Loans up to Rs 25,000 would be given through these cards. An outlay of Rs 75 crore had been allocated for the purpose.

In a bid to boost handloom sales, the Government has directed the officials to prepare a calendar for holding expos in all district headquarters.

"They weavers cannot survive without Government support. The GO that mandated all the Government departments to use handloom for their requirements has not been effective. We will try to enforce it," Mr Rosaiah said.

The revival of weavers' fortunes is invariably related to the revamp of APCO (AP State Handloom Weavers' Co-operative Society Ltd).

"We have set a revenue target of Rs 100 crore for the current financial year against Rs 87.5 crore last year," he said.

Showroom sales during the first quarter stood at Rs 23.93 crore. "Response to our expos, particularly during the just-concluded Krishna Pushkarams, has been very good."

The Government is also trying to revamp the APCO functioning so as to cut down on the yawning gap between the procurement price and actual price of the product.

"We are also going to cut down on establishment budgets. Besides, we will open handloom bazaars at vantage points in order to attract more buyers."

More Stories on : Handloom | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Consumer durables becoming dearer this festive season


We may not meet 10th Plan targets, says Pranab
Kerala records tardy growth in revenue receipts: Study
Govt to once again dip into PSU reserves to cover revenue shortfall
Govt plans to save Rs 3,000 cr through austerity measures
Effluent trigger ruled out in Thiruvananthapuram beach
Kamal Nath to attend bilateral meetings during Europe tour
EU regulation on trade preference likely in Oct
Non-oil trade with UAE touches $7.14 b
Apollo launches telemedicine link with Pak
Unease in Gulf, Nigeria makes oil, financial markets jittery
Shell Hazira opposed to LNG imports under f.o.b.
Scarce commodity
Regulator asks MSEB, State Govt to settle dues
NTPC hopes to finish TN project study by Dec
Price bids for Bidadi to open next month
CM to open Kerala Travel Mart at Kochi
AP panel to monitor talks with Naxalites
Zee Tele gets nod to launch sports channel
Zee has not met eligibility criteria: ESPN-Star
`Thai trade pact no threat to CTV sector'
`Withdraw special excise duty on soft drinks'
AP Govt moves to revive handloom sector
`Mining hits women hard'
Telugu film industry to set up monitoring cells to curb piracy
`Popcorn' team arrives
Post offices give swanky banks a run for their money
Half-a-day's pay, but a big change for the children
Rate slab fixed for SGSY loans
Banks told to help rural women in AP
Chidambaram for flexibility in labour markets
C1 India goes live with e-tendering platform
Management meet on Oct 7
Travel Mart at Colombo
In Thiruvananthapuram today
In Hyderabad today
Ayurveda resort launched



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line