3 years on, demonetisation continues to haunt weavers
By The Hindu 09-May-2019
“Though we have recovered from the initial impact of demonetisation, the market is yet to pick up,” says Vijaykumar Guled of the 147-year-old P.K. Guled Sarees, the oldest surviving master weavers in Ilkal, trading in handloom products. They are trying to reach out to global buyers through Internet marketing, in the hope of balancing this loss.
Another master weaver, Nagaraj Seetharam Sarode of the 106-year-old S.P. Sarode Saree House says: “Business is down by nearly 40% even after more than three years.” According to him, business came down post demonetisation as visitors to the weaving town drastically reduced. “A large number of people from Maharashtra, Andhra Pradesh, and surrounding regions of Ilkal would come here to buy granite. Given the fame of Ilkal saris, they would also come into the town looking for our produce,” he said, adding that crackdown on quarrying has further affected their business.
क्या कांग्रेस का महागठबंधन से अलग रह के चुनाव लड़ने की वजह से बीजेपी को पूर्ण बहुमत मिला है?
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