Friday, September 14, 2001
Payyanur Khadi Kendra Faces Major Crisis
Payyanur: Payyanur Khadi Kendra is facing a major financial crisis due to a dead stock of its products which costs about three and half crores rupees. The expenses for the normal operation of the kendra is about Rs. 35 lakhs while its revenue from sales is only Rs.17 lakhs per month. The Payyanur Khadi Kendra is providing job to about 2000 people directly and indirectly in Kannur and Kasargod districts. The kendra which has a glorious past is really struggling for its survival.
Payyanur: Payyanur Khadi Kendra is facing a major financial crisis due to a dead stock of its products which costs about three and half crores rupees. The expenses for the normal operation of the kendra is about Rs. 35 lakhs while its revenue from sales is only Rs.17 lakhs per month. The Payyanur Khadi Kendra is providing job to about 2000 people directly and indirectly in Kannur and Kasargod districts. The kendra which has a glorious past is really struggling for its survival.
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