Home / Knowledge / News / Textiles / Haryana announces MDA scheme for Khadi
Haryana announces MDA scheme for Khadi
26
Dec '15
In a major initiative to rejuvenate indigenous textile industry, Haryana Chief Minister Manohar Lal Khattar has announced that the Market Development Assistance (MDA) scheme envisaging financial assistance at 20 per cent of production value on Khadi and Khadi products and polyvastra, a synthetic variety of Khadi, would be implemented throughout the year in the state, according to an official statement.

The Chief Minister also approved rebate claims of about Rs. 52.34 lakh received by the Haryana Khadi and Village Industries Board for 2012-13 and 2013-14. An official spokesman said that Central Government, under MDA scheme, provides 20 per cent financial assistance which is shared by spinners and weavers, producing institutions and selling institutions in the ratio of 25 per cent, 30 per cent and 45 per cent, respectively.

He said that MDA scheme would re-energise the Khadi industries with financial assistance of about Rs six crore. He said that under the scheme, only those Khadi-producing units which are located in the state would be eligible for financial assistance on the Khadi products manufactured in their units.

He said that Chief Minister has also approved a proposal of Industries Minister Capt. Abhimanyu to formulate a detailed plan to promote the Khadi and village industries in the state by dovetailing other Central government schemes in this regard to encourage the spinners and weavers to produce value added products of global standards that could compete in the domestic as well as global markets. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Steve Cole
Xerium Technologies

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search