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Govt
hikes 10th plan allocation for sericulture by 30%
PTI
- New Delhi
The
government has hiked the tenth five year plan allocation for the
sericulture sector by 30 per cent over the previous plan to Rs 454
crore, minister of state for textiles, Mr Basanagouda R Patil said
recently.
“The
tenth plan budget of sericulture sector has been increased by 30
per cent over the ninth plan to Rs 454 crore and Rs 186 crore from
this has been kept aside for centrally sponsored scheme,” he
said addressing a seminar on marketing development assistance scheme,
organised by the silk exporters council here.
Mr
Patil said the government had taken several steps to relieve the
silk farmers from the hardships caused due to the decline in raw
silk and silk cocoon sales.
The
domestic prices have been adversely affected by the recessional
pressure of the global economy, decline in price of raw silk and
accumulation of unsold stocks due to the financial difficulties
of state apex societies, he said.
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