Textile industry able to improve performance in post MFA regime

08 Jun '07

3 min read

Investments in Textiles to create 17 million jobs by 2012. a focused approach to helping weavers is in place with an increase in the number of cluster development centers, more yarn depots, support to technology upgrade, health and life insurance cover for weavers, and a new 'Handloom Mark' for branding handloom products. 200 handloom clusters of over 5,000 handlooms each are targeted for taking up under the Integrated Handloom Devlopment Scheme during 2007-08.

A comprehensive National Jute Policy has been announced for the first time to boost demand for jute and protect the interests of jute growers. Restructuring of the Jute Corporation of India has been undertaken.

Steps are being taken to implement a Jute Technology Mission for holistic development of the jute sector at an estimated cost of Rs. 355 crore.

The National Jute Board Bill, 2006 has been introduced in Parliament to provide for establishment of the National Jute Board to effect synergy in the activities of various organizations in jute sector.

To ensure adequate demand, the level of compulsory packaging has been increased. The level of compulsory packing in jute bags has been continued at 100% for the jute year 2006-07.

Press Information Bureau Government of India

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