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Rs 6,000 cr worth of subsidy for handloom sector: Minister

Posted On: August 16th, 2017 06:28 AM, IST By Super User
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Subsidy worth Rs 6,000 crore has been allocated for the handloom sector, which does not fall under the purview of the GST regime

Subsidy worth Rs 6,000 crore has been allocated for the handloom sector, which does not fall under the purview of the GST regime, the Rajya Sabha was informed on Friday.

Replying to questions, Minister of State for Textiles Ajay Tamta said during the Question Hour that “the Handloom weavers do not come under the GST regime as their total turnover is below Rs 20 lakh.”

Maintaining that the government was concerned over the welfare of handloom weavers, he said in order to encourage the setting up of solar power handloom units, the government provides a subsidy of 90 per cent to scheduled tribe weavers, 75 per cent to scheduled caste weavers and 50 per cent to the general category weavers.

Tamta said on August 7, the government will also hold an all-India handloom programme for weavers in Guwahati to create awareness about various programmes initiated to promote the handloom sector.

Subsidy worth Rs 6,000 crore has been allocated for the handloom sector, which does not fall under the purview of the GST regime, the Rajya Sabha was informed on Friday.

Replying to questions, Minister of State for Textiles Ajay Tamta said during the Question Hour that “the Handloom weavers do not come under the GST regime as their total turnover is below Rs 20 lakh.”

Maintaining that the government was concerned over the welfare of handloom weavers, he said in order to encourage the setting up of solar power handloom units, the government provides a subsidy of 90 per cent to scheduled tribe weavers, 75 per cent to scheduled caste weavers and 50 per cent to the general category weavers.

Tamta said on August 7, the government will also hold an all-India handloom programme for weavers in Guwahati to create awareness about various programmes initiated to promote the handloom sector.

Source: http://www.hindustantimes.com/business-news/rs-6-000-cr-worth-of-subsidy-for-handloom-sector-minister/story-edUrirP1DiWo4QBfJxcqDK.html

Last modified on: March 02nd, 2024 02:10 AM, EST
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