Home / Knowledge / News / Textiles / Govt to provide subsidy to solar-run powerlooms
Govt to provide subsidy to solar-run powerlooms
13
Jun '16
The Government of India will provide subsidy to powerlooms that use solar energy to run their units from August this year, as a part of its clean energy initiatives.

“From August 15, powerlooms in the country will utilise solar energy for running their operations. We are planning to provide 50 per cent subsidy (to them),” textiles minister Santosh Kumar Gangwar said at a press conference on the achievements of his ministry during the past two years.

The total subsidy to be given is Rs 3.75 lakh to persons belonging to the general category, Rs 5.62 lakh for OBC category and Rs 6.75 lakh to SC/ST, the minister said.

Gangwar said that over Rs 6,500 crore has been spent on schemes for promotion and development of the textiles sector during the past two years. He added that approximately five lakh additional jobs have been created during the period.

The ministry is also working on increasing the daily earning of handloom weavers to Rs 500.

On the upcoming national textiles policy, he informed that it will be announced soon. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search