Pre-Budget expectation quote- Mr.Mayank Tiwari- Founder and CEO- ReshaMandi- India’s first and largest B2B marketplace digitizing the natural silk supply chain

“The government has been lobbying for and supporting the traditional handloom and handicraft sectors over last few years; but it is necessary to look at creating a robust and healthy sector across full value chain, right from fibre, yarn, fabric, to apparels. There is a need to reinforce, encourage, and recognise natural fibre growers as an integral element of the agricultural economy.

We need to achieve synergy between technology and public policy, as well as to propose relevant solutions to increase income and job prospects. There is strong optimism that the priority sector, which has not been explicitly defined, will be addressed, and standardized over the following fiscal year. In addition, the government must offer subsidies to private companies for the industry to flourish overall.”