OPINIONS OF THE SAMPLE SELECTED HANDLOOM WEAVERS’ VS FINANCIAL INSTITUTIONS IN SPSR NELLORE DISTRICT

OPINIONS OF THE SAMPLE SELECTED HANDLOOM WEAVERS’ VS FINANCIAL INSTITUTIONS IN SPSR NELLORE DISTRICT
Author(s):
Smt.M.V.L.SAILAJA
Keywords:
Opinions of the sample selected handloom weavers’ vs financial institutions
Abstract
The handloom sector plays a vital role in India’s rural economy. It is one of the largest economic activities, providing direct employment to over 175.65 lakh persons engaged in weaving and allied activities. As a result of effective government intervention through adequate financial assistance and implementation of various developmental and welfare schemes, this sector has been able to withstand the competition from the power loom and mill sectors. The issue of credit flows to the handloom sector is closely linked to the working capital management of the handloom business. This, in turn, is directly related to the overall health and business performance of the handloom sector as a whole. Various aspects such as marketing, design, technology, skill upgradation etc., determine the performance of this sector. While acknowledging the fact that credit is a necessary but not the only input for the growth of the industry, this report has focused on the issue of credit flows to the handloom sector.
Article Details
Unique Paper ID: 161797 Publication Volume & Issue: Volume 10, Issue 6 Page(s): 177 - 184
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