Srinagar, Aug 12: Jammu and Kashmir has received 2,299 loans amounting to around Rs 39.36 crore under the Concessional Credit/Weaver MUDRA Scheme since 2021-22, while 54 upgraded looms and accessories, 32 individual worksheds and 145 lighting units have been provided under the National Handloom Development Programme (NHDP), the Centre informed the Lok Sabha.
The details were provided by Union Minister of State for Textiles Pabitra Margherita in reply to Lok Sabha Unstarred Question No. 3786, raised by Adv Devesh Kuriakose regarding Handloom Producer Companies, upgraded looms, worksheds, lighting units and Weaver MUDRA loans.
According to the government data, J&K received 781 Weaver MUDRA loans worth Rs 704.91 lakh in 2021-22, followed by 947 loans worth Rs 983.90 lakh in 2022-23. In 2023-24, 627 loans amounting to Rs 794.59 lakh were sanctioned, while 365 loans worth Rs 521.58 lakh were sanctioned in 2024-25.
During 2025-26, the number stood at 281 loans involving Rs 437.10 lakh, while up to June 30, 2026, another 63 loans worth Rs 93.94 lakh had been sanctioned.
Taken together, the figures show 3,064 sanctioned loans in J&K during the period covered by the government’s year-wise table, involving around Rs 35.36 crore.
Under the NHDP, the government said need-based financial support is provided for interventions including upgraded looms and accessories, construction of worksheds, lighting units and product and design development.
For Jammu and Kashmir, the Annexure-A data records 54 upgraded looms and accessories, 32 individual worksheds and 145 lighting units provided between 2021-22 and 2025-26.
At the national level, the government said 237 Handloom Producer Companies were formed under NHDP between 2020-21 and 2025-26. It described these companies as an institutional mechanism for organising handloom weavers into professionally managed, member-owned enterprises.
The Ministry said the Concessional Credit/Weaver MUDRA Scheme is a component of NHDP aimed at providing timely financial assistance to the handloom sector for term loans and working capital. Margin money assistance is provided at 20 per cent of the loan amount, subject to prescribed ceilings.
The government further said a centralised online claim disbursement system, the “Handloom Weaver Mudra Portal”, has been developed in association with Punjab National Bank to facilitate timely disbursal of margin money and interest subsidy—(KNO)
