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Minimum Support Price fixed for hand knotted carpet

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In a landmark decision to promote Geographical Indication (GI) certified hand knotted carpets, the Director Handicrafts and Handloom Kashmir has fixed Minimum Support Price (MSP) for different knottage/qualities of Silk Carpets (Rs. 2050/sq.ft for 16×16, 2500/sq.ft for 18×18, 3100/sq.ft for 20×20 and 4150/sq.ft for 24×24).

MSP was determined after wide range of consultations at Indian Institute of Carpet Technology among the members of the committee constituted by the Government for the purpose, that included representatives from MEERAS Industrial Cooperative (the Registered Proprietor of GI),Carpet Manufacturers and Traders Association, Tahafuz Society, Kashmir Carpet Cluster Development Organization and others.

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