Ministry of Textiles11-July, 2014 16:34 IST
Making Textile Sector Job Oriented

The textile sector is already a labour-intensive sector employing the largest number of people after agriculture. The Ministry of Textiles, Government of India has constituted an Expert Committee for reviewing Textile Policy 2000 and formulating a new National Textile Policy.

The Government has introduced several export promotion measures in the successive Union Budgets as well as through schemes of Foreign Trade Policy 2009-2014, including harmonized Zero Duty Export Promotion Capital Goods (EPCG) Scheme covering all sectors and extension of 2% Interest subvention scheme to certain specific sectors such as Handicrafts, Handlooms, carpets, readymade garments etc. In addition, various measures such as Incremental Export Incentivisation Scheme, Utilization of Duty Credit Scrip scheme and inclusion of new products under Focus Product Scheme have been initiated with a view to promoting textile sector exports to various countries.

The information was given by the Minister of State (Independent Charge) in the Ministry of Textiles Shri Santosh Kumar Gangwar in Rajya Sabha today.

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(Release ID :106472)