Handloom weaving, a vital part of India’s cultural and economic heritage, supports millions of artisans across the country. This study focuses on the weavers of Yeola, Maharashtra—renowned for their Paithani sarees—to examine the impact of government welfare schemes on their livelihoods. Through a cross-sectional descriptive approach involving 106 weavers, the research found that while many benefited from initiatives like the Yarn Supply Scheme, Integrated Handlooms Development Scheme, Marketing & Export Promotion Scheme, Health Insurance Scheme, and Mahatma Gandhi Bunkar Bima Yojana, nearly one-fourth remained unaware of these programs. The findings highlight that, despite positive outcomes for informed weavers, bureaucratic hurdles and limited outreach continue to impede progress. The study emphasizes the need for greater awareness, simplified procedures, and stronger implementation to ensure the sustainable upliftment of Yeola’s weaving community and preservation of India’s handloom tradition.