Budget 2026: The Union Budget has given a big gift to the weavers and silk industry of Bhagalpur.
Jagran correspondent, Bhagalpur. Budget 2026: A big gift has been given to the weavers and silk industry of Bhagalpur in the Union Budget. Bhagalpuri Silk has been given special priority under the Pradhan Mantri Mitra Scheme (PM MITRA) and One District One Product (ODOP). Effective implementation of these schemes will not only increase the income of weavers, but is also being considered a big step towards developing Bhagalpur as a silk export hub at the national and international level. This is expected to directly and indirectly benefit about two lakh weavers and artisans of the district.
As per the budget provisions, Bhagalpur will be developed as a silk export centre. For this, digital commerce platform, modern logistics support system and market access will be strengthened by the Union Commerce Ministry. With this, Bhagalpuri silk products will be able to reach international markets directly and dependence on middlemen will be reduced. Experts believe that this will provide fair price to the weavers for their products and will further strengthen the global identity of the brand “Bhagalpuri Silk”.
In the budget, it has also been announced to increase the limit of loan without guarantee under the Weaver Mudra Scheme. This will facilitate small and medium weavers to purchase raw material, upgrade looms, design innovation and increase production. This step is considered a relief for the weavers who have been suffering from lack of capital for a long time. With financial support, weavers will be able to improve their quality by adopting modern technology.
Implementation of these schemes will also boost employment generation. Experts say that by strengthening the silk industry, work opportunities will increase at the local level and migration of weavers and artisans will stop. Besides, new employment opportunities will also be created in the supporting activities like dyeing, designing, packaging, transportation and marketing sectors, which will strengthen the local economy.
There is an atmosphere of excitement in the weaving community after the budget announcements. Local weaver Aleem Ansari says that if PM Mitra and ODOP schemes are implemented properly, Bhagalpuri Silk can once again regain its old reputation. This will lead to a big improvement in the economic condition of the weavers in the coming years and the new generation will also be inspired to join this traditional industry.
Overall, these announcements made in the Union Budget can prove to be a milestone for the silk industry of Bhagalpur. With the successful implementation of the plans, Bhagalpur will not only become a major silk production center of the country but will also register its strong identity in the global market.
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