Telangana Authorities proclaims mortgage waiver for handloom weavers, sanctions ₹33 crore

“Revealed that underneath the Netannaku Cheyutha scheme, ₹290.09 crore has been disbursed, benefiting 36,133 handloom employees,” Textile Minister Tummala Nageswara Rao mentioned.
| Picture Credit score: The Hindu

In a significant reduction to particular person handloom weavers, the State Authorities has issued an order (GO Rt no: 56) waiving loans of as much as ₹1 lakh for weavers on Sunday (March 9, 2025). To implement this initiative, the federal government has sanctioned ₹33 crore, mentioned Textile Minister Tummala Nageswara Rao.

In a press release, the Minister highlighted the federal government’s efforts to revive the handloom sector, which had been uncared for by the earlier administration. He acknowledged that upon coming to energy, the federal government took proactive measures, together with issuing orders directing authorities departments, establishments, and associations to obtain textiles from TGSCO. This initiative goals to offer sustained employment for weavers whereas boosting the trade’s development.

To modernise the sector and improve talent growth, the Authorities has additionally established the Konda Laxman Bapuji Indian Institute of Handloom Know-how (IIHT). The institute will supply a three-year Diploma in Handloom & Textile Know-how (DHTT) to 60 college students yearly.

Addressing long-standing calls for from powerloom employees, the Authorities has arrange a yarn depot in Vemulawada, Rajanna Sircilla district with a ₹50 crore corpus fund. Additional, as a part of the “Telangana Cheneta Abhayahasta Scheme,” the federal government has sanctioned ₹168 crore underneath to be applied by January 10, 2025.

The Minister additionally revealed that underneath the Netannaku Cheyutha scheme, ₹290.09 crore has been disbursed, benefiting 36,133 handloom employees. Moreover, ₹494.48 crore has been launched to TGSCO, clearing pending funds to handloom cooperative societies MACS and different weavers’ organisations.