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Textiles Ministry lists initiatives in year-end review
29 Dec '15
5 min read
The Technology Upgradation Fund Scheme (TUFS) has been continued for the 12th Plan (2012-17) under Revised Restructured TUFS (RR- TUFS) with a budgetary allocation of Rs 11952.80 crore. The major focus of the scheme under 12th Plan is Modernization of Powerloom Sector.
The year-end review also listed the Textiles Ministry's scheme for Integrated Textile Parks under which 72 textiles park projects have been approved so far in 10th, 11th& 12th Five Year Plans. 20 new textile parks have been sanctioned in FY 2014 – 2015, for facilitating investment up to Rs. 4,500 crore and generating employment for 66,000 people. Three new textile parks have been sanctioned in FY 2015 – 2016.
Under the Integrated Processing Development Scheme (IPDS), the Textiles Ministry plans targets to sanction 10-15 green field and brown field projects during 2015-16 depending upon the availability of budget. States like Tamil Nadu, Punjab, Maharashtra, Rajasthan and Gujarat where many existing processing units are facing closure due to court orders may be requested to expedite the proposals, along with their commitment to share 25 per cent of the project cost and also to ensure that the proposal is approved by the State PCBs or IITs for effectiveness of the proposed technological intervention.
To mark the occasion of Good Governance Day, the Integrated Skill Development Scheme (ISDS) has been scaled up during the 12th Plan with an allocation of Rs. 1,900 crore to train 15 lakh persons. To meet the needs of the industry for a skilled workforce and thereby support its competitiveness, the Ministry has trained 3.75 lakh youth in textile trades, particularly in the rapidly growing garmenting segment of the industry.
The North east region was a major point of focus of the textiles Ministry over the past one year. The North Eastern Region Textiles Promotion Scheme (NERTPS), a landmark initiative for construction of Apparel and Garment manufacturing Centres in the NE States was launched in 2014, with the announcement of the Prime Minister on December 1, 2014 in Nagaland. The objective of the scheme is to promote employment in the NE States and encourage entrepreneurship especially amongst women, in the area of garmenting which has a huge potential both within the country and abroad. (SH)
Click here to read the complete 'Year End Review 2015'
The year-end review also listed the Textiles Ministry's scheme for Integrated Textile Parks under which 72 textiles park projects have been approved so far in 10th, 11th& 12th Five Year Plans. 20 new textile parks have been sanctioned in FY 2014 – 2015, for facilitating investment up to Rs. 4,500 crore and generating employment for 66,000 people. Three new textile parks have been sanctioned in FY 2015 – 2016.
Under the Integrated Processing Development Scheme (IPDS), the Textiles Ministry plans targets to sanction 10-15 green field and brown field projects during 2015-16 depending upon the availability of budget. States like Tamil Nadu, Punjab, Maharashtra, Rajasthan and Gujarat where many existing processing units are facing closure due to court orders may be requested to expedite the proposals, along with their commitment to share 25 per cent of the project cost and also to ensure that the proposal is approved by the State PCBs or IITs for effectiveness of the proposed technological intervention.
To mark the occasion of Good Governance Day, the Integrated Skill Development Scheme (ISDS) has been scaled up during the 12th Plan with an allocation of Rs. 1,900 crore to train 15 lakh persons. To meet the needs of the industry for a skilled workforce and thereby support its competitiveness, the Ministry has trained 3.75 lakh youth in textile trades, particularly in the rapidly growing garmenting segment of the industry.
The North east region was a major point of focus of the textiles Ministry over the past one year. The North Eastern Region Textiles Promotion Scheme (NERTPS), a landmark initiative for construction of Apparel and Garment manufacturing Centres in the NE States was launched in 2014, with the announcement of the Prime Minister on December 1, 2014 in Nagaland. The objective of the scheme is to promote employment in the NE States and encourage entrepreneurship especially amongst women, in the area of garmenting which has a huge potential both within the country and abroad. (SH)
Click here to read the complete 'Year End Review 2015'
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