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

Textiles | On 8th Dec 2016

China’s economy on track to meet growth expectations

China’s GDP has grown at 6.7 per cent in the first three quarters of...

SSM TK2-20 CT

Textiles | On 8th Dec 2016

SSM shows winding & air-texturing machines at India ITME

SSM (Schärer Schweiter Mettler AG), a leader in yarn processing and...

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Paolo Ocleppo
Sandvik Hyperion

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search