“We welcome the initiatives announced in the Karnataka budget to strengthen the silk industry. The development of hi-tech markets in Ramanagara and Sidlaghatta , two of Asia’s largest silk cocoon markets, at a cost of Rs. 75 crore each, showcases the government’s commitment to empowering silk farmers in the state. This will certainly go a long way in boosting productivity of the silk industry in the region.
These upgraded markets will facilitate advanced cultivation practices, seamless technology integration, and ultimately elevate the quality of silk production. These initiatives are particularly important for our dedicated silk farmers in Kolar, Chikkaballapura, and the surrounding areas. The modernization and technological advancements brought by these developments will empower them to improve their production practices, enhance quality control, and access new opportunities in the silk market.
Additionally, the strengthened infrastructure in the Mysuru Seed Area is a visionary step that will support the production of disease-free Mysuru seed cocoons, ensuring the availability of superior-quality hybrid raw silk.
We commend the government’s decision to provide interest-free loans up to Rs. 5 lakh to silk reelers, enabling them to actively participate in the purchase of cocoons. This financial support will ensure a sustainable and vibrant silk ecosystem. Considering the financial constraints that they function under, assurance of working capital from the state government will put reelers on surer financial footing.
These progressive initiatives reflect the government’s dedication to the growth and prosperity of the silk industry, benefiting the livelihoods of our farmers.”
