Yarn Bank :
Govt. of Assam accorded administrative approval on total cost of Rs.1215.00 lakh only for setting up of Yarn Bank for Handloom Weavers during 2013-14 for 27 Nos. Districts of Assam under Handloom and Textiles Deptt. ARTFED has undertaken the implementation of the Scheme as recommended by Govt. of Assam.
In the 1st phase, as per budget provision of Directorate of Handloom and Textiles for an amount of Rs.469.00 lakh during 2013-14, 11 Nos. of Yarn Bank at Dibrugarh, Tinsukia, Barpeta, Goalpara, Nagaon, Jorhat Sibsagar, Lakhimpur, Dhemaji , Silchar, Kamrup have already been completed and accordingly the sanctioning amount of Rs.469.00 lakh has been implemented and utilized by ARTFED.
In the 2nd phase financial sanction of Rs.400.00 lakh only has also been obtained against construction of Yarn Bank at 8 Nos. of Districts viz Golaghat, Morigaon, Darrang, Sonitpur, Nalbari, Dhubri, Bongaigaon, Karimganj.
The financial sanction of Rs.346.00 as outstanding amount considered on the budget provision is yet to be made.