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Orissa allocates funds for textile & handloom sector
03
Feb '10
In a bid to offer a fillip to the textile and handloom sector in the state of Orissa, the state government has decided to spend around Rs.1.85 billion for the sector over next five years, under a state plan that has been chalked out by the textile and handloom department of the Orissa government.

As per the plan, this amount would be spent for sectors such as handlooms, textiles and sericulture. The government also intends to spend Rs.2 billion in next five years, for these sectors, informed Ms. Arati Ahuja, Secretary, textile and handloom department.

In addition to the allocated amount of Rs.1.85 billion, funds available under the schemes such as NREGS, SGGSY, Union ministry of commerce and Union ministry of handloom and textiles will also be utilized for the development of aforesaid sectors.

A producer company would be formed at the state level under the plan. Also, more Self Help Groups (SHGs), weavers' federations, raw material consortium, yarn depots, common facility centres and training-production centres would be formed under this plan.

Moreover, technology up-gradation, capacity building of the people engaged in the sector, research and developments and collaboration with the retail stores to facilitate product marketing as well as training the sewing machine operators will also be undertaken through the state plan.

Fibre2fashion News Desk - India


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