West Bengal Handloom and Khadi Weavers Financial Benefit Scheme 2024: Support for One Time Settlement (OTS) of NPA Accounts of PWCS
Department of Micro, Small and Medium Enterprises and Textiles, Government of West Bengal · Central government · Verified 3 August 2026
West Bengal government funding helps Primary Weavers’ Cooperative Societies and individual weavers clear Non-Performing Asset accounts.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Grant size
- Not specified
- Funding type
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
- Grant duration
- 60 months
About this program
The "Support for One Time Settlement (OTS) of NPA Accounts of PWCS" operates as a sub-scheme within the "West Bengal Handloom and Khadi Weavers Financial Benefit Scheme 2024." It was introduced on March 7, 2024, by the Micro, Small & Medium Enterprise and Textiles Department, Government of West Bengal. The objective is to clear the debts of Primary Weavers’ Cooperative Societies (PWCS) and individual weavers through financial aid for settling non-performing asset (NPA) accounts.
Assistance covers OTS arrangements with The West Bengal State Cooperative Bank Ltd. (WBSCB Ltd.) and various District Central Cooperative Banks (DCCBs). The scheme remains active for five years. By reducing the financial load on artisans and cooperative bodies, it supports the revival of the handloom and khadi weaving sectors.
Who can apply
- Eligible organisation types
- All nonprofit forms
- 12A registration
- Not specified
- 80G registration
- Not specified
- CSR-1 registration
- Not specified
- FCRA registration
- Not specified
- NGO Darpan ID
- Not specified
- Where the NGO may be based
- West Bengal
- Handloom Weavers: Master Weavers, Individual Weavers, Allied Workers Associated with Handloom Weaving, Cooperative fold Weavers, Weavers associated with Handloom Clusters
- Khadi Weavers
- Primary Weavers’ Cooperative Societies (PWCS) with viable NPA accounts as of 31/03/2024
- Khadi societies
How to apply
Eligible applicants—Primary Weavers’ Cooperative Societies (PWCS), Khadi societies, or individual weavers—must submit their applications in the format prescribed by the Micro, Small & Medium Enterprise and Textiles Department, as notified. Submissions may be made through either online or offline channels. Completed applications are to be filed with the Director, Textiles.
Frequently asked questions
What is the main objective of this sub-scheme?
The scheme aims to make Primary Weavers’ Cooperative Societies (PWCS) debt-free by funding the One Time Settlement (OTS) of their non-performing asset (NPA) accounts held with The West Bengal State Cooperative Bank Ltd. (WBSCB Ltd.) or various District Central Cooperative Banks (DCCBs), while also extending benefits to individual weavers.
Who is eligible to apply for this scheme?
Handloom weavers — including entrepreneur, master, individual, cooperative-fold and cluster-associated weavers, as well as allied workers — and khadi weavers are eligible, along with PWCS and khadi societies.
What financial benefits are provided under this scheme?
The scheme covers 100% of the overdue principal and 25% of the overdue interest on NPA accounts of viable PWCS/Khadi societies/Individual Weavers as of March 31, 2024. The West Bengal State Cooperative Bank Ltd. / District Central Cooperative Bank Ltd. will write off the remaining 75% of overdue interest and any penal interest.
How long will this sub-scheme be in force?
The sub-scheme came into effect on March 7, 2024, and will operate for five years.
How does one apply for the scheme?
Eligible PWCS, Khadi societies, and individual weavers must submit their application, in the format the department will notify, either online or offline to the Director, Textiles.
Focus areas
- Manufacturing Industrial
- Social Impact
- Handloom
- Khadi
- Weavers
- Debt Relief
- Npa Settlement
- Cooperative Societies
- Micro Enterprise
- Livelihood Support
Details last verified on 3 August 2026. Source: the funder's published information.
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