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Friday, 1 March 2013
Thursday, 28 February 2013
2013-14 BUDGET FOR TEXTILE INDUSTRY
TUFS:
Technology Up gradation Fund Scheme for the textile sector in the 12th Plan with an investment
target of `151,000 crore.The major focus would be
on modernization of the powerloom
sector. I propose to provide `2,400 crore in 2013-14 for the purpose.
Textile
parks
have been set up under Scheme for Integrated Textile Parks
(SITP). It is proposed to set up
Apparel Parks within the SITPs to house apparel
Manufacturing units. To incentivize
such Apparel Parks, proposeD to allocate`50 crore to the Ministry
of Textiles to provide an additional grant of upto `10 crore to each
Park.
Effluent
Treatment plant:
A new scheme with an outlay of `500 crore called the Integrated
Processing
Development Scheme
will be implemented in the 12th Plan to address
the environmental concerns of the
textile industry, including improving the
effluent treatment
infrastructure. I propose to provide `50 crore in 2013-14 for
the scheme.
Handloom
sector
is in distress. A very large proportion of handloom
weavers are women and belong
mainly to the backward classes. I propose to
accept their demand for working
capital and term loans at a concessional interest
of 6 percent. 150,000 individual
weavers and 1,800 primary cooperative societies
will benefit in 2013-14. I propose
to allocate an additional sum of `96 crore in
2013-14 to the Ministry of
Textiles for interest subvention.
Traditional
industries
like Khadi, village industries and coir were taken up for development during
the 11th
Plan
under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI).
The 12th
Plan
has Provided an outlay of `850 crore. propose to leverage
assistance from Multilateral Development Banks to extend SFURTI to 800 clusters
during the 12th
Plan.
400,000 artisans are expected to be benefited.
Wednesday, 6 February 2013
Monday, 15 October 2012
Saturday, 1 September 2012
Friday, 3 August 2012
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