HANDLOOM PRODUCER COMPANIES

The Ministry of Textiles reports that under the National Handloom Development Programme (NHDP), 237 Handloom Producer Companies (HPCs) were formed between 2020‑21 and 2025‑26. The programme provides need‑based financial support for upgraded looms, worksheds, lighting units and design development. A concessional credit component – the Weaver MUDRA Scheme – offers margin‑money assistance (20% of loan up to ₹25,000 per weaver or ₹20 lakh per organisation) and loans at a 6% interest rate for three years, with interest subvention capped at 7% and a credit‑guarantee fee. Disbursements are made through the Handloom Weaver Mudra Portal. State‑wise data on upgraded looms, worksheds, lighting units and loan sanctions from 2021‑22 to 2026‑27 are provided, with a national total of 39,251 upgraded looms, 4,919 worksheds and 4,899 lighting units, and 9,526 loans amounting to ₹5,689.46 crore sanctioned.