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What is the News?
The Ministry of Textiles has launched several initiatives and has implemented various reforms in the Textile Sector.
Textile Sector
The textile and apparel industry contributed 2% to the overall GDP of India in 2019 and 11% to total manufacturing in GVA.
The textile industry is the second-largest employment generator in the country next only to agriculture. More significantly, women constitute 70% of the workforce in garment manufacturing and about 73% in Handloom.
Initiatives in Textile Sector
PLI Scheme for textiles
AMENDED TECHNOLOGY UPGRADATION FUND SCHEME (ATUFS)
Jute-ICARE: It was launched by National Jute Board (NJB) in technical collaboration with ICAR-Central Research Institute for Jute and Allied Fibres(ICAR- CRIJAF).The objective of the scheme is to support the small and marginal jute growers with adequate pre- and post-harvesting operations so that they can grow good quality jute & receive higher prices for their produce.
Source: This post is based on the article ‘2021- A Year of Game Changing Reforms for the Ministry of Textiles’ published in PIB on 28th Dec 2021.