Karnataka government abolishes subsidy cap on power looms

BENGALURU: The state government has abolished the limit on electricity subsidy for power loom and pre-loom units that will help every weaver earn at least Rs 40,000 per year.

Disclosing this, Textile Minister Shivanand Patil told reporters on Friday that power looms and pre-loom units with 10.1 HP to 20 HP capacity will get subsidy for the full electricity they utilise, and weavers will have to pay only Rs 1.25 per unit. Till now, there was a limit of 500 units for subsidy per month.