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Assam government to set up yarn bank

The Silk Mark Organisation of India (SMOI) recently organised the Silk Mark Expo in Guwahati. The five day event, sponsored by Central Silk Board, Ministry of Textiles, was held at the Northern Eastern Development Finance Corporation. (NEDFi) House.

The event was attended by 44 Silk Mark members and authorised users from across the country who showcased their ‘Vanya’ silk products such as muga, eri, tussar, etc. The Assam government announced the setting up of a yarn bank in the Sualkuchi at the event. The bank will make raw material available at the market price with a subsidy of 20 per cent. This initiative will benefit the local weavers who will be able to buy the raw material without paying any extra cost to the traders. Also, the raw material will be available locally, further eliminating the transportation cost.

 

 
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