The government has decided to order an inquiry into land allotted to private parties by the Rajasekhara Reddy government for development of textile parks and to verify whether they were put to the intended use.

Minister for Handlooms & Textiles G.Prasad Kumar told reporters here on Thursday that the private parties failed to set up the parks on some lands and, in some cases, even used it for other purposes.

Report on

Brandix Apparels

Visakhapatnam district Collector would go into the specific case of land allotted to Brandix Apparels and submit a report on the nature of land use and whether locals were being employed in tune with the agreement.

Cheneta Bank

The Minister said Cheneta Bank proposed for weavers with an initial fund of Rs.200 crore, was expected to gain shape by Deepavali as RBI and NABARD were likely to give approvals soon. It was proposed to give zero-interest loans to weavers and their societies.

Mr. Prasad Kumar invited more applications from weavers and their societies for waiver of loans under the existing scheme for which a sum of Rs.143 crore was available. A comprehensive policy dealing with the weavers’ problems was being prepared incorporating the suggestions received at the recent meeting held by Chief Minister N. Kiran Kumar Reddy with stakeholders recently. It would be announced in a week.

APCO outlets at airports

A marketing strategy was being worked out to open APCO outlets at airports to boost sales. An amount of Rs.3 core had been released to compensate for the loss caused by the recent cyclone to 84 societies.

  • Private parties fail to set up the parks, and some even used the lands for other purposes: Minister

  • “A comprehensive policy dealing with weavers’ problems will be announced in a week”