Konaseema handloom weavers’ societies to get ₹6.36 crore credit
The Dr. B.R. Ambedkar Konaseema District Collector is recommending a ₹6.36 crore credit package for ten local handloom weavers' cooperative societies. This funding aims to support operational needs and boost production capacity for the weavers.
Why it matters
Financial support for traditional industries is essential for rural economic development and the preservation of local craftsmanship.
Dr. B.R. Ambedkar Konaseema District Collector R. Mahesh Kumar has said that the National Bank for Agriculture and Rural Development would be recommended to offer ₹6.36 crore credit to the eligible ten handloom weavers’ cooperative societies in the Dr. B.R. Ambedkar Konaseema district.
In the district, three societies are inactive, while three more societies did not seek credit. However, the ten societies need credit for their operations and to increase production.
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