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February 25, 2017

Government of India planned reforms for generation of around 1.11 crore jobs in Textile Sector


New Delhi : Government has announced a special package of reforms for generation of around 1.11 crore jobs in apparel and made-ups sectors, and for a cumulative increase of US$ 32.8 billion in exports and investment of Rs. 80,630 crores over next 3 years. The package includes a slew of measures which are labour-friendly and would promote employment generation, economies of scale and boost exports. Moreover, the Government is providing additional production-linked incentive of 10% under the Amended Technology Upgradation Scheme (ATUFS), for promoting employment in the garment segment.

Furthermore, the Government has designed Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY) to incentivize employers in the apparel sector for generation of new employment. Under the PMPRPY, government provides additional 3.67% of the employers contribution, in addition to Government bearing 8.33% of employer contribution of Provident Fund (EPF). The special package has been extended to made-ups sector to provide additional impetus to employment generation. Apart from the above, the government has been implementing the Amended Technology Upgradation Scheme (ATUFS), the Scheme for Integrated Textile Parks (SITP), the Integrated Skill Development Scheme (ISDS), the North Eastern Region Textile Promotion Scheme (NERTPS), etc., with a view to enhancing the growth of the textile sector and for increasing employment in the sector.

The above information was given by the Union Textiles Minister, Smt. Smriti Zubin Irani, in a written reply to a Lok Sabha question.

Note: News shared for public awareness with reference from the information provided at online news portals.

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