Under its phased plan for development of handloom and textile industry in Bihar, the state government has decided to provide 50 per cent subsidy on purchase of modern looms for quality production of textiles.
There is also a plan to establish a handloom park at a cost of Rs 2 crore with the state government providing 20 per cent subsidy of this amount, according to a state government (industry) release.
It added that in the first phase, training institutions imparting skills in handloom and textile production would be upgraded. The state industry department has also plans to rejuvenate the processing plants and cooperative spinning mills.