Startup And Fundraising 7 August 2026
India Celebrates Handloom Day
India is celebrating National Handloom Day with various initiatives to promote the handloom sector, including the RMSS scheme and handloom marketing assistance, Indian Bank has also sanctioned ₹500 Crore in MSME loans during its 120th Foundation Day celebrations, these initiatives aim to support weavers and boost innovation in the handloom industry
National Handloom Day is being celebrated across India to promote the handloom sector and support weavers. The government has launched several initiatives, including the *RMSS scheme* and *handloom marketing assistance*, to boost the industry. Some key features of these initiatives include:
- Sanction of ₹500 Crore in MSME loans by Indian Bank during its 120th Foundation Day celebrations
- Promotion of innovation and heritage in the handloom sector
These initiatives aim to provide support to weavers and promote the handloom industry in India
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