HANK YARN SUBSIDY
the 9th plan period, under hank yearn subsidy scheme,
14, 27,000 kgs. of hank yarn worth Rs. 140.07 crores was sold by
the Corporation. Hank yarn subsidy on the above purchase is Rs.
2.29 crores, of which an amount of Rs. 1.56 crores has been released
to the Corporation.
Corporation has so far received Rs. 1.42 crores during the 9th
plan period under revitalization. This fund was utilized for holding
substantial stock and also for selling the goods that are shopsoiled
on slow moving items.
8th and 9th plan period, Corporation has obtained
approval for 59 projects under various categories with a total outlay
of Rs. 17.57 crores. Due to the vigorous steps taken by the Corporation,
the projects are almost implemented.
state Govt. have provided an amount of Rs. 1.85 crores as working
capital during 9th plan period and the Corporation was
able to purchase Hank yarn valued Rs. 1.76 crores.
Upliftment of traditional weavers in the State of Kerala
Supply of designs to weavers in the unorganized sector
Procurement of fabrics on a weekly basis
Marketing of their products
Implement various welfare measures of both Central and State Governments
for the benefit of weavers
To supply yarn, dyes & chemicals to weavers, Primary / Industrial
weavers Co operative Societies
Authorised Share CapitalRs 1500.00 lakhs Paid up CapitalPrivate
holding Rs 5.42 lakhsGovernment holding Rs 1350.06 lakhsRs 1355.48
lakhs Loan Received from GovernmentRs 1336.43 lakhsInterest Rate
on Loan5.5 to 19.5 %
Major divisions of corporation
RESEARCH & DEVELOPMENT
Cotton SareesLungiesTowelsKasavu SareesFurnishingsSuitingsBed SheetsThorth
& RugsSchool UniformsDothiesCotton ShirtingsSatin Sheets New
Design Sarees Developed Ramayanam, Geethopadesam, Akasaganga, Alilakannan,