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AP govt to distribute over Rs 193 crore to handloom weavers under Nethanna Nestham Scheme

Updated: Jul 21, 2023 01:48:07pm
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AP govt to distribute over Rs 193 crore to handloom weavers under Nethanna Nestham Scheme

Vijayawada, July 21 (KNN) The Andhra Pradesh government is distributing Rs 193.64 crore to 80,686 handloom weavers under YSR Nethanna Nestham Scheme.

The money will be transferred by Chief Minister YS Jagan Mohan Reddy at a programme in Venkatagiri of Tirupati district today.

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Under the scheme, the government is extending a helping hand to handloom weavers by providing financial assistance regularly to make them self-reliant.

As per reports, the state government is extending financial aid to the beneficiaries of Nethanna Nestham for the fifth year in a row.

Since the formation of the YSRC government, Rs 969.77 crore has been disbursed under YSR Nethanna Nestham, Rs 1,396.45 crore as pensions and Rs 468.84 crore to APCO (including Rs 103 crore kept pending to APCO by the previous government).

With the assistance, a majority of beneficiaries have upgraded their looms to produce quality fabrics with modern designs.

Apart from this, the government has entered into agreements with e-commerce majors Amazon, Flipkart, Myntra, GoCoop, Loomfolks, Mirraw, and Paytm to provide international marketing facilities to handloom weavers for their products.  (KNN Bureau)

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