Factors such as reduction in the purchase of fabrics and increased input costs have resulted in partial stoppage of powerlooms in a few clusters across India. Powerlooms in certain states like Gujarat and Maharashtra are operating at sub-optimal capacities. Thus, the textiles ministry is considering these schemes, Irani said in a written reply in the Lok Sabha.
The government has already introduced multiple schemes to accelerate the development of the powerloom sector. These include in-situ upgradation scheme for plain powerlooms, Group Workshed Scheme to help in the construction of worksheds, Group Insurance Scheme for social security, Integrated Skill Development Scheme (ISDS) for skill upgradation and Integrated Scheme for Powerloom Sector Development (ISPSD) for extending support in the form of buyer seller meet, yarn banks and setting up of common facility centres.
Additionally, the government had earlier approved a special package for the apparel sector of Rs 6,000 crore, which includes special incentives for employment generation, relaxation under Section 80JJAA of Income Tax Act and enhanced duty drawback covering state levies among other things. (KD)
Fibre2Fashion News Desk – India
Key Textile Accessories Private Limited
Chinese imports are destroying the supply chain
Moving towards sustainability is also a social change
Indian textile value chain
'One nation, one tax' is a great concept
Family-owned German textile machinery manufacturer Trützschler operates...
Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...
Himalaya Cotton Yarn Ltd manufactures high quality denier. The spinning...
Robin Grankvist talks about PFCs, additives and various chemicals used in...
Technical Absorbents Ltd
Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...
Directa Plus SpA
Established in 2005, Direct Plus SpA, is one of the largest producers and...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
The creations by Aprajita Toor were born out of a deep desire to create...
Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...