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AP govt constitutes committees to revive handloom sector

24 Jul '12
1 min read

The Department of Industries, Government of Andhra Pradesh, a state in southern India, has announced setting up of monitoring and review committees at state and district levels to oversee implementation of the Central Government’s restructuring package for the handloom sector.
 
The state government has formed the State Implementation Monitoring and Review Committee (SIMRC), which will be headed by the Principal Secretary (Industries & Commerce), and also District Implementation Monitoring and Review committees (DIMRCs).
 
The Government of India’s package for the revival and reform of the handloom sector, which is to be implemented between March 31, 2010 and December 31, 2012, is currently being implemented by the Director of Handlooms and Textiles and Apparel export parks.
 
For implementation of the restructuring package, it is necessary to update the books of accounts of all the apex and primary weaver societies that were audited as on March 31, 2010.
 
The state government will assist NABARD in identification of viable and potentially viable weaver societies, as well as in conducting special audit exercise and in writing-off individual weaver loans as per the guidelines issued by the Central Government.
 

Fibre2fashion News Desk - India

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