Members of the Weavers Cooperative Societies associated with the Chhattisgarh State Handicrafts Development and Marketing Cooperative Union, an undertaking of Gramodyog department of the State Government, will get 50 per cent bonus on the net income of year 2011-12. A proposal to this effect has been passed in the general meeting of the Union held here on Sunday.
In the general meeting, it was informed that the estimated budget of the Union for the year 2013-14 would be Rs 315 crore. Along with the estimated budget, the annual work plan of the union has also been approved at the meeting. President of the Union, Santosh Devangan presided over the general meeting.
According to a press statement issued here on Sunday, representatives of 135 handicrafts weavers’ cooperative societies of the state were present at the meeting. It was informed at the meeting that the union had earned a net profit of `2.49 crore during the financial year 2011-12. According to the passed proposal 50 per cent of the total profit would be distributed as bonus. About 20,000 weavers will get the benefit of bonus, the release added.
As per another proposal passed at the meeting, in the event of death of any weaver, his family would get assistance of `10,000. Besides, a proposal has been passed for increasing the wages of weavers by 25 per cent and this proposal would be sent to the State Government.
Vice-president of the Union, Chandrakumar Devangan, managing director NK Khakha, director of Gramodyog Devendra Singh, joint registrar Nagdev, former presidents of the union Motilal Devangan and Kamal lal Devangan, members of the board of directors and representatives of weavers societies were present at the meeting.