The state industries and commerce minister Chander Parkash Ganga recently informed the legislative assembly that the government in India’s Jammu and Kashmir state is planning to introduce an e-commerce platform for artisans and weavers to boost export of handicrafts and handloom products and to reduce the role of middlemen in transactions, often leading to exploitation.
He said that under the Artisan Credit Card (ACC) scheme involving an interest subsidy of Rs 62.36 crore, 44,414 artisans have been covered. Artisans received loans worth Rs 375 crore till November 2017.
ACC scheme offers convenient and soft credit facilities to artisans, weavers, members of cooperative societies and craftsmen to start their independent ventures. Out of the four lakh handicraft artisans in the state, 1,67,476 are registered and 2,32,524 un-registered.
The state government provides interest subsidy at the rate of 10 per cent on the loan over a period of five years, the minister said.
Further to coordinate carpet design activities, a design bank would be created at a cost of Rs 1 crore.
During 2017-18, allocation and targets have been enhanced to Rs 81.82 crore and 4,125 units compared to the previous year’s figures of Rs 42.52 crore and 2,127 units.
Milliken & Company has launched Millibrite, a next-generation fabric whitening technology developed to meet the changing needs of modern laundry…
Biocompatibility Innovation has launched B-Kool, a plant-based technology that helps prevent bacterial contamination through a mechanical, non-biocidal approach.
ECS Composites, a Becklin Holdings company specializing in protective enclosures, has announced new advancements in its carbon fiber composite technology.
Cooling fabric specialist brrr° has introduced brrr°X, a new moisture management fabric designed for sportswear, activewear, and outdoor apparel.
NATIVA, known for its traceable natural fiber solutions, has launched its NATIVA Wool and NATIVA Cotton programs on the TextileGenesis…
Ponda has partnered with Imperial College London to launch branded apparel insulated with BioPuff, a plant-based material made from wetland-grown…