The Textile Ministry will soon seek Cabinet's approval for a Rs 3,200-crore debt waiver scheme for handloom weavers, as part of the 100-day agenda of the UPA government, Minister of State for Textiles Panabaaka Lakshmi said.     

Lakshmi, 51, who took charge today, said the Cabinet note on the proposal is ready and would be circulated for inter-ministerial consultations.     

Click here for Cloud Computing

Also Read   Related Stories News Now - Rs 3,200 cr weavers' debt waiver plan to go to Cabinet soon - 'Handloom is fabric of the future' - Govt likely to give Rs 5,000 cr to banks for farm debt waiver - Agri credit recovery effected in Haryana in 2008-09 - Govt to focus on affordable housing: Selja - First Cabinet meeting to be held tomorrow

Also Read   Related Stories News Now - Weekly: Indices surge 3% led by rate sensitives - Wall St Week Ahead: Stocks may strain to hold 9-month highs - Iran-Pakistan gas pipeline a bad idea: US - FII-TO-FII: Pantaloon traded at 7% premium - Civic polls: Saffron alliance retains Mumbai, Thane More

She said the Government is also considering to issue identity cards for the weavers to help them avail health benefits.     

According to estimates, the textiles industry is the second-largest employment generator, after agriculture, employing 35 million people.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Weekly: Indices surge 3% led by rate sensitives - Wall St Week Ahead: Stocks may strain to hold 9-month highs - Iran-Pakistan gas pipeline a bad idea: US - FII-TO-FII: Pantaloon traded at 7% premium - Civic polls: Saffron alliance retains Mumbai, Thane

Tags : debt waiver | handloom weavers | UPA | Panabaaka Lakshmi   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Medium-sized businesses are the engines of a smarter planet. -  Office 365 for professionals and small businesses. -  Earn fuel worth Rs.2400 with Citi -  India's No. 1 Property Site. Click here to know more.. -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more