30000 families financially dependent on Sericulture, govt data reveals

KL News Network

Srinagar

Thirty thousand families in Jammu and Kashmir are financially supported by Sericulture, govt data reveals.

In a written reply in the Legislative Council during the ongoing budget session, 96.76 lac of revenue was generated during the year 2015-16.

Cocoon is the basic raw material for the silk industry and as per the document, only 40% of cocoons are consumed within the state and balance of 60% is purchased by the buyers from other states.

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