* To promote livelihoods of craftspersons in textile, apparel and footwear sectors, the government of Jharkhand is mulling initiatives to market its ethnic textile and handloom products.
* To promote livelihoods of craftspersons in textile, apparel and footwear sectors, the government of Jharkhand is mulling initiatives to market its ethnic textile and handloom products.
The state government's efforts, led by Jharkhand Silk Textile and Handicraft Development Corporation Ltd (Jharcraft), were discussed at a seminar in Delhi today.
Jharcraft is a government of Jharkhand undertaking formed to initiate steps to provide sustainable livelihood opportunities in the rural areas, based on sericulture, handloom, handicraft and other allied activities.
Government of Jharkhand Chief Secretary Raj Bala Verma said: "The major benefits of policies of Jharkhand in the textile industry is that the state is offering major incentives for the investors and providing 50 per cent of the rebate for land acquisition tax."
"Jharcraft hopes to provide a platform to the artisans and weavers to merchandise their own products, through the maximum utilisation of resources and manpower of Jharkhand," Jharcraft Managing Director K Ravi Kumar said.
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Yes Fintech selects 12 startups for biz accelerator program * As many as 12 fintech startups from areas like payments, insta credits, cyber security, big data analytics and artificial intelligence have been selected under Yes Bank's business accelerator programme.
Yes Fintech, the bank's business accelerator programme for fintech startups, today announced names of these startups selected from across the world.
They will participate in a 15-week orientation/knowledge programme beginning March 20.
The startups would be able to access funding of up to USD 1 million through venture capital (VC) partners without any upfront equity commitment, Yes Bank said in a statement.
"The programme will provide an ideal springboard for these 12 startups to graduate from innovative products to scalable businesses," Yes Bank MD and CEO Rana Kapoor said.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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