Indian Textile sector: Centre implements various schemes for promotion & its development
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03 February 2022, Mumbai:
Government is implementing various schemes viz the Amended Technology Upgradation Fund Scheme (A-TUFS), Schemes for the development of the Powerloom Sector(Power-Tex), Scheme for Integrated Textile Parks (SITP),SAMARTH-
The Scheme for Capacity Building in Textile Sector, Jute (ICARE- Improved Cultivation and Advanced Retting Exercise), Integrated Processing Development Scheme (IPDS), Silk Samagra, National Handloom Development Programme, National Handicraft Development Programme, Integrated Wool Development Programme (IWDP), National Technical Textile Mission etc. for promotion and development of textile sector on pan-India basis.
The details of funds allocated/released under various textile sector schemes during the last three years and current year are at Annexure. These are ongoing central sector schemes and are totally funded by the Central Government.
Textile industry is one of the largest source of employment generation in the country with an estimated 45 million people engaged directly in this sector including a large number of women and rural population.
CREDITS: PBI
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