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Press Information Bureau
Government of India
Ministry of Textiles
08-December-2010 15:51 IST
Encouragement to Textile Industry
The Government has initiated various schemes to encourage textile industry, such as Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Parks (SITP), Group Workshed schemes. Central Silk Board is implementing a Centrally sponsored scheme, viz. “Catalytic Development Programme (CDP)” in collaboration with the State governments. This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in a written reply in the Rajya Sabha today to a question raised by Shri A.A. Jinnah.

The Minister further stated that to promote and develop handloom textiles, the government is implementing the Integrated Handloom Development Scheme (IHDS), Handloom Weavers Comprehensive Welfare Scheme, Marketing & Export Promotion Scheme (MEPS), Mill Gate Price Scheme and Diversified Handloom Development Scheme during the XIth Plan.

In addition, the Department of Commerce is also facilitating promotion of export of various commodities, including handloom textile through implementation of Duty Entitlement Pass Book (DEPB) Scheme, Focus Market Scheme, Focus Product Scheme, Marketing Development Assistance Scheme (MD), Market Access Initiative Scheme (MAI), the Minister added.

Till date NTC has generated total resources of Rs. 8902.72 crore, out of which Rs. 4442 Crore relates to sale of assets. Out of total resources NTC has paid Rs. 2299.14 crore to 62370 surplus employees under Modified Voluntary Retirement Scheme (MVRS), Rs.2028.04 crore towards redemption of bonds Rs. 1741.90 crore as salary & wages to its employees and Rs. 985.69 crores towards modernisation of its mills.

RM/JL- PQ - USQ 3250RS