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Schemes under Ministry of Textiles

Schemes under Ministry of Textiles

Schemes under Ministry of Textiles: Over the past few years, the Ministry of Textiles in India has been hard at work launching a series of schemes aimed at boosting the textile industry and uplifting the lives of those involved in it. Initiatives like Project SURE, the Scheme For Integrated Textile Park (SITP), Silk Samagra, Powertex India, and Samarth have all been rolled out with the goal of making a real difference in the lives of people working in this sector.

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Government Schemes: Ministry of Textiles

Scheme for Integrated Textile Park (SITP)

Objective: Providing financial support to entrepreneurs for developing state-of-the-art infrastructure facilities within industrial clusters.

Key Points:

  • Targets high-growth industrial clusters needing strategic interventions.
  • Aims to create world-class infrastructure.
  • Supports communities of entrepreneurs.
Silk Samagra: Integrated Scheme for Development of Silk Industry

Objective: Enhancing silk productivity and quality through research and development while empowering tribal families.

Key Points:

  • Focuses on R&D interventions.
  • Empowers tribal families, including women, through sericulture activities.
  • Comprises four parts: Research and development, Training, Technology transfer and IT Initiatives, Quality certification system.
  • Involves collaboration with various national and international research institutes.
Amended Technology Upgradation Fund Scheme (ATUFS)

Objective: Promoting business and exports by facilitating technology upgradation in manufacturing.

Key Points:

  • Credit-linked scheme promoting Make in India and Zero Defect manufacturing.
  • Provides one-time capital subsidy for benchmarked machinery.
  • Administered by nodal financial institutions.
Powertex India Scheme

Objective: Boosting infrastructure and modernization in the power loom sector.

Key Points:

  • Provides financial assistance to economically weaker power loom units.
  • Includes components like In-situ Upgradation of Plain Powerlooms, Group Workshed Scheme, etc.
Scheme for Capacity Building in Textile Sector (Samarth)

Objective: Providing demand-driven, placement-oriented skilling programs to promote job creation in the textile sector.

Key Points:

  • Covers the entire textile value chain except spinning & weaving in the organized sector.
  • Aims to address skill deficiencies and needs through NSQF compliant programs.
  • Includes mandatory post-placement tracking and concessional credit for self-employment under Pradhan Mantri MUDRA Yojana.

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