The EU Council of Ministers of the 28 member nations and the European Parliament okayed the EC’s decision to provide the aid to the unemployed textile workers in the region, after the European Parliament’s Budget Committee gave its approval for the plan, last month.
The EGF aid aims to provide relocation support to workers who were laid off from 198 small and medium-sized businesses in the textile sector of Valencia. The workers were dismissed from the firms owing to the economic crisis in Spain and increased competition from textile products manufactured in the international market, especially China.
The assistance would help to pay for measures such as individual counseling and guidance, skills assessment and outplacement, general training and retraining, individual professional training, promotion of entrepreneurship, incentives for relocation, etc.
The aid would cover half of the total expense of €1.68 million, whereas the remaining half would be granted by the Spanish Government. Earlier this year, Spain had requested assistance from the EC to help the dismissed textile workers find new jobs.
The EGF contributes to packages of tailor-made services to help redundant workers find new jobs. The annual ceiling of the fund is €500 million. Redundant workers are offered measures such as support for business start-ups, job-search assistance, occupational guidance and various kinds of training. In most cases, national authorities have already started the measures and will get their costs reimbursed by the EU when their applications are finally approved.
Fibre2fashion News Desk - India
'Natural fibres are appreciated for traditional authenticity'
Maa Tex Speciality
‘We suggest reducing dosage of sizing chemicals to reduce sludge...
Every fifth sale we make on Zapyle is a repeat purchase
Manufacturer of textile machinery and complete fibre-to-yarn lines, N...
Italian company Schoch Reeds has been producing high-quality weaving reeds ...
Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
Birmingham City University (BCU)
<div>A technological breakthrough could see people getting messages about...
Twinery Innovations by MAS
Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...
<div>Delhi-based Gritstones Clothing offers quality and exemplary style...
Label Sneha Arora
Sneha Arora, an alumnus of National Institute of Fashion Technology,...
Aditi Somani specialises in luxury fusion wear with international cuts and ...