One year old UPA Govt's initiatives for textiles sector enumerated

20 May '05

3 min read

For the textile processing sector only, a credit linked capital subsidy at the rate of 10 per cent, in addition to the existing 5per cent interest reimbursement approved and for small scale textiles and jute industries, the rate of credit linked capital subsidy enhanced from 12 per cent to 15 per cent.

All the NTC workers' dues amounting to Rs.1800 crore including on VRS paid.

To clear, scour, dry, dehair and card the Pashmina, a Pashmina Dehairing Plant at Leh set up at an expenditure of Rs.8.25 crore.

Policy Guidelines revised for “Vanya Silk cultivation” under the Forest Conservation Act, 1980 whereby cultivation of all varieties of Vanya Silk (Tasar, Eri & Muga) on its identified host plants in forests by the tribal and non-tribal rearers is treated as a forest based activity.

National Jute Policy' 2005 announced.

In Handicrafts sector 112 new projects sanctioned to undertake Baseline Survey & Mobilization under Baba Saheb Ambedkar Hastshilp Vikas Yojana Scheme, aiming to cover about 30,572 artisans and formation of nearly 1800 Self Help Groups of 16 new Common Facility Centres sanctioned.

The Satellite Centre of IICT in Srinagar and Craft Development Institute commenced functioning generated additional 9228 employment during the year.

Decision taken to develop a trademark for Handloom on lines similar to 'Wool mark' and 'Silk Mark' to enable handloom products to develop with a distinct idinct identity.
inct identity.

Freeing the Handloom Sector from the CENVAT Chain.

The Powerloom Sector Group Workshed Scheme approved 5 Hi-Tech Weaving Park projects to give employment to 12,000 persons.

Press Information Bureau Government of India

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