2. An Overlook of the
Industry
Oldest industries in the Indian
economy, dating back to several
centuries.
Extremely varied
Capacity to produce a wide variety of
products suitable for different market
segments
contributed 7% to the industry output
and has around 4.5 crore employed
4. The growth rate of textile industry across India was estimated to be
8.7 percent from fiscal year 2015 to 2020, up from about seven
percent from fiscal year 2010 to fiscal year 2015
Growth Rate
6. Government Schemes under UPA
Designed to
increase the unit
value realisation for
quota items. (NQE)
has been reduced
from 10 per cent to
f5 per cent
Textile Quota
Policy
1
Provide interest
subsidy on loans
taken by firms
promising 10 million
jobs
Technology Upgradation
Fund Scheme (TUFS)
National jute Policy was
formulated with
objective of increasing
productivity improving
quality ensuring good
price for the jute
farmers and enhance
the yield per hectare
National Jute
Policy of 2005
Objective of
facilitating the
industry to attain and
sustain a pre-
eminent global
standing in the
manufacture and
export of clothing.
National Textile
Policy of 2000
2 3 4
7. Government Schemes under NDA
Amended Technology Upgradation Fund Scheme for textiles industry (ATUFS) -entral Government will
provide 15% subsidy to the garment, apparel and technical textile sectors. Other sub-sectors will receive
10% subsidy for upgradation. Rs 700 crore have been allocated for this scheme
Scheme for Integrated Textile Parks (SITP) has been planned to provide support for the creation of
world-class infrastructure facilities for setting up of textile units. Government of India (GoI) has grant
up to 40% of the project cost subject to a ceiling of Rs. 40 crores.
SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries) -
mall and Medium Power loom units will be provided with energy efficient power looms, motors and rapier kits
at no advance costs by Energy Efficiency Services Limited (EESL), which is a Public Sector Undertaking under
the Ministry of Power.
Scheme for Capacity Building in Textiles Sector (SCBTS) - with an expenditure of Rs 1,300 crore the programme
aims at skill development of 10 lakh youth by 2020 which covers the entire value chain of textile sector except
spinning and weaving.
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2
3
4
8. An Economic
Comparision
Even though there were boosts to
the Textile Industry under the UPA
government, the growth delayed
due to ack of flexibility in hiring and
highly seasonal demand, wanted
the flexibility to lay off some of the
workers when the export orders
slacken in the lean season
9. UNDER THE NDA
FDI Inflow: Between March, 2014 and March, 2016, the FDI equity inflow in the textiles sector added
up to US Dollar 427.55 million. FDI equity inflow grew by 16% in financial year 2015-16. .
Exports: In 2015-16 the share of textiles and apparel in total exports increased to 15% from 13% in
2013-14. .
iMore
than 5.3 lakh persons trained in last two years under Integrated Skill Development Scheme out of
which 81% have been placed including 79% of the trained women. .
19 new Textiles Park have been sanctioned over last two years with potential to facilitate
investment up to Rs. 300 crores and employment to 60,000 people. .
