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    HomeTelanganaGovernment allocates Rs 50 crore to settle outstanding payments of weavers

    Government allocates Rs 50 crore to settle outstanding payments of weavers

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    The State government in Hyderabad has allocated Rs 50 crore to settle long-pending dues for weavers. Chief Minister A Revanth Reddy instructed officials to release the funds quickly to clear outstanding payments.

    The previous government owed Rs 350 crore to weavers, specifically for Bathukamma sarees. This financial burden has greatly affected the livelihoods of many weavers. Weavers in Sircilla protested, urging the government to intervene. Minister Ponnam Prabhakar and Vemulawada MLA Adi Srinivas assured the weavers their concerns would be addressed.

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    CM Revanth Reddy responded promptly by ordering officials to clear the dues right away. He promised the government would take measures to pay dues on time, considering the State’s financial condition. In the past three months, the government has paid Rs 47 crore in advance for stitching uniforms and released Rs 14 crore for yarn and sizing.

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    This new decision to pay Rs 50 crore to weavers will significantly help the weaving industry in the State.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
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