The Central government is contemplating to set up a textile mill in Warangal district at a cost of Rs. 300 crore, Union Textile Minister Kavuri Sambasiva Rao has said.
Addressing the farmers after inaugurating an automatic dupion reeling machine and a market yard for silk worms in Jangaon town on Saturday, he exhorted the unemployed youth to take up silk worm cultivation. “ The youth can earn around Rs. 2 lakh per annum, by growing mulberry plants in one acre. If youth will acquire the skills, we can eradicate unemployment problem from the country,” Mr. Sambasiva Rao said.
The political leaders encourage the agriculture and allied sectors. The farmers should be guaranteed minimum returns for their produce, he said. Speaking on the occasion, IT Minister Ponnala Laxmaiah said that he was striving to promote the silk industry in his constituency in a big way.
He appealed to the Union Minister to extend subsidies to farmers and to attract more people into cultivation of mulberry and silkworm. Rajya Sabha member R. Ananda Bhaskar wanted the farmers to avail of the benefits of subsidies being extended by the State and Union governments. MLC N. Rajalingam, Central Silk Board member Rishitharam and others were also present..