Logo of Department of Cooperation, Government of Meghalaya

Meghalaya Apex Handloom Weavers Cooperative and Handicraft Federation Limited.

The Meghalaya Apex Handloom Weavers Cooperative and Handicraft Federation Ltd. has been provided with share capital assistance of Rupees 3.00 lakhs by N.C.D.C.. The Federation has paid up share capital of Rupees 74.42 lakhs with business turnover of Rupees 6.15 lakhs and earned gross profit of Rupees 1.25 lakhs during 2003-2004. The accumulated loss of the Federation is Rupees 24.38 lakhs. The business turnover (B.T.O.) and profit and loss position of the Federation for the past four years are given below:

(Rupees in lakhs)
Year B.T.O. Net Profit/ Loss
2000-01 3.13 (+)0.24
2001-02 3.48 (+)0.02
2002-03 12.35 (-)8.61
2003-04 6.15 (-)5.71