The mines and minerals play a vital role in the economy of Bankura. Mines and minerals based ventures have already come up on the stretch of land from Bankura to Saltora. In areas like chhatna, Saltora Khatra, Ranibundh, Bankura to Indpur stretch and Raipur, Taldangra, the prospects for setting up of mines and minerals based industries are, indeed bright subject to environmental clearance.

              The blocks like Bishnupur, Sonamukhi, Patrasayer, Indus, Joypur, Kotulpur have been setting up Agriculture based Industries like, Rice and Oil Mills. There is scope for more. The climate is also conducive for food processing ventures. 

               The forest wealth of  Khatra and Ranibandh areas have always been remarkable. Various forest produce and medicinal  flora and fauna are routinely exported to neighboring districts and also outside the State. On one hand industries can be developed to extract non-edible oils and on the other different Medicinal Plants and Ayurvedic formulations can be produced here. Such development will not only generate employment opportunities for local but also accomplish the task of conservation. Apart from this, in this district large chunk of areas are having undulated alluvial sandy soil which cannot retain water. Consequently, most of these areas are either under monocrop production or lying fallow. Certain aromatic plants which require little irrigation can be grown up in this area. Moreover, new species of herbs and medicinal plants may be palnted in the vacant areas and unutilized forest lands.

              Cottage & Small Scale Industry constitutes a major segment of district's economy. It provides maximum employment opportunity next to agriculture and this accounts nearly 9 percent of district Income. There is ample scope of development in this sector with provision of modern technology and other infrastructure facilities. Effort has been taken up for the improvement designs, marketing assistance  and finance etc. specially in case of brass & bell metal craft, conch shell products, fishing hook, pottery and leather products etc. through different development agencies. New technology in Babui Rope Making and Sal leaf product have contributed and impact on the rural people of tribal areas.

Food and Food-processing industries (Jam,Jelly, Tamato sauce, Squash, Tomato Puree, Tomato Ketch-up, Potato processing (Chips, Powder, flake, French fry), Papad,Bari, Chanachur, Dehydrated Vegetables)  

Handloom sector having its vast potentiality for creating employment opportunity played a vital role in our rural economy list, after agriculture. From mid-seventies the State & Central Govt. have given vigorous thrust towards organisation of scattered Handloom weavers under Co-operative fold  providing raw materials, marketing facilities and financial assistance under NABARD Scheme. This district is renowned for production of its versatile production of Silk, Baluchari Saree. Other traditional products are Bed-sheet, Bed-Cover, Gamcha, Towel, Cotton Saree, Silk Saree,Silkshirting, Tassar Shirting & Tassar Scart etc.

Future prospects of this sector depends on various factors. In this tuff competition market, it is very difficult for Handloom weavers to servive without Govt. assistances. So some effective steps is to be adopted immediately for smooth functioning of this sector, which are stated below in brief :-

1. Supply of raw materials at subsidised and reasonable rate : For this purpose a yarn bank may be formed centrally so that all weavers co-operative societies may get yarn as their requirements from that yearn bank at subsidised rate.

2. Marketing of finished products :- This is a vital and main problem of Handloom Sector. To over-come this problem proper market survey needed and products are to be produced upto the present choice of the customers. The quality of products are to be maintained strictly. A central society (district wise) may be formed for better marketing of Hand-loom products. Publicity & Propaganda on Handloom produced through media like T.V., Radio is urgently needed.

3. Research & Development wings :- A Research and development wings is most essential in this district to develop the quality and design of the products. The diversified products to be prepared to meet the present choice of the customers. A printing unit may also be set up in this district to print the Bed-sheet, Bed-cover, Pillow-cover, Pillow-case etc.

4. Training of Handloom Weavers :- Training of up-gradation of skill of weavers of this district is required for weaving of finer counts as they are now habituated to produce coarser Variety of fabrics. Improved type of looms & modern looms are to be provided to the trained weavers so that they can produce a qualitative products.

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