BANKING TRADE AND COMMERCE

FINANCIAL ASSISTANCE TO INDUSTRIES

The industrial development in Sangli district is of recent origin. In the last decades of the 19th century there were some smallscale and cottage industries in the district, hut they did not receive any financial assistance from the State. A number of schemes are now afoot under which such assistance is extended especially to small units. The following are statistics of assistance given 10 individual artisans and their co-operatives in the district since 1956-57:—

Purpose

Amount (in Rs.)

(1)

(2)

(i) Rebate

45,504

66,577

65,914

(ii) Recurring grant to sale depots.

1,875

8,778

5,273

(iii) Recvrring grant to dye-house.

--

1,399

853

(iv) Grant for sample books

--

--

6O

(v) Grant for automatic take-up motion.

--

--

70

(vi) Grant for pedal looms

--

9,000

--

GRANT OF MANAGEMENT EXPENSES TO THE INDUSTRIAL CO-OPERATIVES

Year

No. of societies

Amount disbursed

(1)

(2)

(3)

 

Rs.

1951-52

7

2,509

1952-53

2

2,862

1953-54

9

7,647

1954-55

6

4,019

1955-56

3

661

1956-57

3

1,305

1957-58

3

576

1958 59

4

1,171

Grant to Labour Contract Societies under the Second Five-Year Plan: An amount of Rs. 840 was granted to two societies in 1958-59.

Financial assistance to village industries is given by the Maharashtra State Village Industries Board which is entrusted with the task of organising village industries like khadi, bee-keeping, palm gul, hand-made paper, rope making, etc. The programmes of development of these industries are framed and implemented in consultation with and with the financial participation of the All India Khadi and Village Industries Commission. The State Government makes grants to the Board which conducts various training-cum-production centres for continuing and expanding its activities. The details of the assistance under the First and the Second Five-Year Plans are given below.

Loans and subsidies granted to industrial co-operatives during the First Five-Year Plan: —

Name of the Society

Loan

Subsidy

--

Rs.

Rs.

Ashta Gramodyog Sahakari Society, Ltd.

7,000

2,000

Walwa Taluka Labourers' Co-operative Society, Ltd., Islampur.

3,000

--

Yelur Group Telotpadak Sahakari Society, Ltd.

5,000

--

Panepat Karagir Sahakari Utpadak Society, Umadi

3,000

500

Sagli Charmakar Utpadak Sahakari Society, Ltd., Sangli.

2,850

--

Sarvodaya Vadar Samaj Sahakari Society, Ltd., Sangli.

5,000

--

Manila Audyogik Sarakari Society, Ltd., Sangli Miraj Tanners Co-operative Society, Ltd.,—

2,524

112

(a) for tools and equipment

1,575

525

(b) for construction of shed

2,587.50

862.50

As a result of the sustained efforts of the Government, 44 industrial co-operatives were organised in this district by the end of the First Five-Year Plan.

During the Second Five-Year Plan it was proposed to organise 38 industrial co-operative societies of various categories. In 1956-57 and 1957-58, nine societies were organised and granted financial assistance by way of investment in their share capital, subsidies towards managerial expenses and loans and subsidies for purchase of equipment. Thus, assistance amounting to Rs. 3.16 lakhs, was given to the following industries: —

Name of the Industry

Loan

Subsidy

(Rs.)

(Rs.)

Hand-pounding of paddy

2,000

--

Hand Soap

4,187

--

Leather and tanning

200

per pit.

Village oil ghanis

3,750

--

 

(for purchase of oil engine, improved equipment and management charges).

Similarly, under the handloom relief scheme Rs. 50,000 were allotted for working of 250 handlooms in the district during the First Five-Year Plan. Of this Rs. 10,000 and Rs. 6,300 were sanctioned to the handloom societies at Vita and Jadarboblad, respectively.

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