“Support for One Time Settlement (OTS) of NPA Accounts of PWCS” is a sub-scheme under the “West Bengal Handloom and Khadi Weavers Financial Benefit Scheme 2025”, launched by the Micro, Small & Medium Enterprise and Textiles Department, Government of West Bengal on 7th March 2024. This scheme shall remain in force for five years from the date of launch.
The objective of this sub-scheme is to help Primary Weavers’ Cooperative Societies (PWCS) become debt-free by extending financial support for One Time Settlement (OTS) of their NPA accounts with The West Bengal State Cooperative Bank Ltd. (WBSCB Ltd.) and other District Central Cooperative Banks (DCCBs).
Benefits
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100% of the overdue principal and
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25% of the overdue interest on NPA accounts of viable PWCS as of 31/03/2024 will be paid by the Government.
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The remaining 75% of overdue interest and any penal interest will be waived off by the WBSCB Ltd. or the respective DCCBs.
Eligibility
The following categories of weavers are eligible under the scheme:
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Handloom Weavers, including:
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Entrepreneur Weavers
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Master Weavers / Individual Weavers
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Allied Workers associated with Handloom Weaving
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Cooperative Fold Weavers
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Weavers linked to Handloom Clusters
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Khadi Weavers
Application Process
Mode: Offline (Online may be introduced later as per department notification)
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Eligible PWCS, Khadi Societies, or Individual Weavers must apply in the prescribed format (to be notified by the department)
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Applications must be submitted to the Director, Textiles, either in offline or online mode (as applicable)
Helpdesk:
District-wise Office Addresses and Contact Details will be made available by the department for assistance.
Documents Required
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Passport-size Photograph
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Aadhar Card
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Proof of identity as a Handloom/Khadi Weaver
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Any other documents as may be required by the department
Frequently Asked Questions
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Q: Who can apply for this scheme?
PWCS, Khadi Societies, and eligible individual weavers with NPA accounts as of 31/03/2024 -
Q: What part of the loan will be covered by the government?
100% of the principal and 25% of the overdue interest -
Q: Will the entire interest be waived off?
No. The remaining 75% and any penal interest will be waived by the concerned banks, not the government -
Q: Is this scheme for both Handloom and Khadi sectors?
Yes, the scheme is applicable to both sectors