Odisha Govt Enhances Interest-Free Loan Assistance for Weavers, Handloom Artisans under BALIA Scheme

Bhubaneswar: The Odisha Government has enhanced the interest-free loan assistance for the weavers and handloom artisans under the BALIA (Bunakar Assistance for Livelihood and Income Augmentation) scheme.

The loan assistance amount has been increased to Rs 1 lakh to Rs 50,000 under the scheme.

There are 66,141 weaving families in the state. There are 1,24,084 weavers. Similarly there are 56 thousand 569 number of threads, as per the Handloom Census 2019-20.

According to the guidelines of the scheme, weavers can avail of working capital as per their requirements to a maximum of Rs 1 lakh from the bank at zero interest. The scheme will be implemented both in urban and rural areas.