Indian minister for road transport and highway and for micro, small and medium enterprises (MSMEs) Nitin Gadkari recently said the MSME and textiles ministries are jointly devising a Solar Cluster Scheme for the handloom sector in which two solar charkhas (spinning wheels) each will be given to 10 lakh women, helping generate employment opportunities.
The government is committed to supporting MSMEs facing difficulties during the lockdown and discussions are under way for financing 10 per cent of their working capital and introduction of a deferred payment plan for units in distress, he said.Indian minister for road transport and highway and for micro, small and medium enterprises (MSMEs) Nitin Gadkari recently said the MSME and textiles ministries are jointly devising a Solar Cluster Scheme for the handloom sector in which two solar charkhas (spinning wheels) each will be given to 10 lakh women, helping generate employment opportunities.#
"We will have to support industries facing difficulties, increase their working capital, we are already in talks for increasing it by 10 per cent, along with this deferred payment," he said in a video conference on 'Post-Covid Entrepreneurship Opportunities and Challenges’.
Gadkari said the government is focused on how to save the sector and help those facing problems by increasing production, exports and enhancing job creation.
"Our emphasis is towards job creation in rural, agricultural, tribal, with a focus on development of 115 aspirant districts across the country," a news agency quoted the minister as saying.
Fibre2Fashion News Desk (DS)
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