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The All India Artisans and Craftworkers Welfare Association (AIACA) orgzed the first Craft Kutumb- Shilp Udyam Samman Presentation Ceremony on the 19th of February 2021.The virtual award ceremony was held to support Indian craft businesses that have demonstrated the potential to grow, scale and reach new and emerging markets. Prize money of two lakhs has been awarded to the deserving entrepreneurs, craft groups or orgzations selected through established eligibility criteria and a competitive selection process. Further, all participating businesses will be part of an acceleration programme to build enterprise development capacities. Around 150 craft enterprises have participated in the awards process across the country.AIACA also conducted an online panel discussion on Building Resilient Enterprises Post COVID on the same day to delve deeper into the problem facing the crafts sector in India.The panel discussion was conducted to highlight the critical challenges faced by the Indian crafts sector such as cash flow crunches, wage losses, cancellation or withholding of orders, supply disruptions in the raw material value chain, and uncertainties regarding shipment (both domestic and export) post lockdown.The panel also offered recommendations for reviving Indian craft businesses, which include measures such as government assistance, reductions or deferrals in GST across categories, soft loans, and interest-free working capital loans to aid production and facilitate easy access to raw material supplies.AIACA has worked with 150,000 artisans and craft producers across 23 states in the country to date. Since its inception, the association has been providing critical technical support across the crafts value chain to make craft-based businesses sustainable. It regularly conducts research to address the challenges faced by individual artisans and craft enterprises. Through its certification programme Craft mark, it provides a seal of authenticity to genuine handmade craft processes; a certification that is recognized widely in India and globally."India has an overwhelming presence of micro-craft enterprises that employ, on average, less than three workers. Over 80 per cent of these enterprises are self-financed and a negligible percentage of the enterprises borrow from financial institutions. Since their operations are not as orgzed as a typical manufacturing enterprise, it affects their ability to access financing and credit from the formal financial sector. Through Craft Kutumb- Shilp Udyam Samman we aim at recognizing the commendable efforts of Indian craft businesses and also provide acceleration inputs to help them stabilise, scale and grow amidst the global pandemic. We hope our initiative will help Indian artisans and enterprises create business viability overall," said Sreya Mozumdar, ED, AIACA, speaking at the event."Since the outbreak of COVID-19 pandemic, the crafts sector has seen widespread distress. This is an opportune time for us to stand up for the Indian artisan community support crafts businesses by going 'vocal for local'. We look forward to joining hands with allies and partners to drive this initiative through our Membership programme - the Craft Kutumb," she further added."The set of awards initiated by AIACA Craft Kutumb - ShilpUdyam Samman - celebrates the creativity of millions of Indian artisans and craft workers. Such awards acknowledge, inspire, and sustain the entrepreneurial spirit within the crafts eco-system. Especially, post-pandemic, as craft enterprises recover their lost livelihoods, the awards will support potential craft businesses to revive and grow into a sustainable market," said Jamal Kidwai, Founder, Baragaon Weaves, addressing the guests during the online event.This story is provided by PNN. will not be responsible in any way for the content of this article. (/PNN)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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All india artisans and craftworkers welfare association, Latest News

Business :AIACA honours craft businesses with Shilp Udyam Samman

The All India Artisans and Craftworkers Welfare Association (AIACA) organized the first Craft Kutumb- Shilp Udyam Samman Presentation Ceremony on the 19th of February 2021. ...