You are here: Home » News-CM » Economy » News
Business Standard

(MoU) Signed Between NSFDC & Development Commissioner (Handlooms)

Capital Market 

The CMD, National Finance and Development Corporation (NSFDC) under Ministry of Social Justice and Empowerment and Development Commissioner (Handlooms) under Ministry of Textiles signed a Memorandum of Understanding (MoU). The objective of signing this MoU is to help Scheduled Caste weavers and their families by promoting production and marketing of high value quality Handlooms products at Block level Cluster in various States like Gujarat, Maharashtra, Rajasthan, Odisha etc.

Handlooms Sector is a part of Textile Industry, the second largest economic activity after agriculture. There are around 44 lakh Handloom weavers in the country out of which 3.90 lakh are Scheduled Caste Weavers. Under the cluster approach, new strategy for promoting production and marketing of high value quality handloom products shall be adopted to ensure more earnings of the Scheduled Caste Handloom Weavers.

In this endeavor, both the MoU signing parties shall popularize the schemes of DC (Handlooms) amongst the SC weavers through Awareness Programmes and advertisements in electronic/print media in SC weavers concentrated areas and collaborate for capacity building including skill upgradation and economic development of SC weavers and their families for achieving the desired outcome. Exhibitions/Fairs shall be organized by both the parties for providing marketing assistance to SC weavers for enhancing their earnings.

Both the parties shall also organize relevant skill development programmes for up-gradation of skills of the scheduled caste weavers in clusters and also for sharing knowledge and experience. This endeavour shall enable scheduled caste weavers to sharpen their skills for production and marketing of high value quality handloom products and better marketing linkages and therefore to have more income.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 10:46 IST
RECOMMENDED FOR YOU