Empty handlooms and dipping sales: Kanchipuram's weavers pin hopes on Budget 2019
Updated : June 26, 2019 05:18 PM IST
In July 2017, the goods and services tax (GST) regime brought with it tepid demand and slowing sales for Kanchipuram's famous silk sarees.
Data from multiple silk weavers’ associations in Kanchipuram show that the number of handloom units has dropped from 200,000 pre-GST, to just around 10,000 today.
Retailers and weavers alike are hopeful of some impetus from the Union Budget due to be presented on July 5.
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