Saving scheme for weavers’ welfare to be unveiled :Textiles Minister K T Rama Rao

Saving scheme for weavers’ welfare to be unveiled :Textiles Minister K T Rama Rao
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Textiles Minister K T Rama Rao on Thursday said the Telangana Handloom Weavers Thrift Fund Savings and Securities Scheme (TFSSS) will be launched on June 24 for the benefit of weavers in the State. The Minister said the new scheme will be launched from Pochampally and the main objective of the scheme is to provide financial and social security to the weavers.

Hyderabad: Textiles Minister K T Rama Rao on Thursday said the Telangana Handloom Weavers Thrift Fund Savings and Securities Scheme (TFSSS) will be launched on June 24 for the benefit of weavers in the State. The Minister said the new scheme will be launched from Pochampally and the main objective of the scheme is to provide financial and social security to the weavers.

Rama Rao said apart from providing financial and social security, the scheme will also help the weavers take loans or any financial help in the future to meet their needs.The scheme would cover those working in weaver cooperative societies, self employed weavers, dying, warping, winding, sizing and allied fields of handlooms and weavers of 18 years and above can join the scheme.

The Minister said the guidelines for the scheme would be released on Friday and added that he had spoken to the secretary finance to release funds for the implementation of the scheme. That apart, a committee would be formed to fix rates for Bathukamma saris and for procurement. The Minister also took stock of the implementation of loom up-gradation scheme, workers to owner scheme.

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