Economy, asked by ahti79, 5 hours ago

DESCRIBE THE ROLE OF HANDICRAFT INDUSTRIES IN GENERATING EMPLOYMENT IN J&K.​

Answers

Answered by adrijashaw1
0

Answer: handicrafts have a special socio-economic significance

in J&K (Kashmir Times-2002). Keeping in view the vast

potential in handicrafts for economic activities like the

generation of employment and revenue, the state

government has launched various measures to encourage

the growth of the handicrafts industry. Against an

allocation of a mere Rs.19.50 crores in 1974-75, the

budgetary allocation for this sector has been increased to

Rs. 24 crores during 1998-99. The production of

handicrafts crossed the Rs. 400 crores mark during 1998-

99. There has also been notable growth in the state‟s

export in recent years which resulted in the growth of

income and employment.

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