Textiles Policy

Textiles Policy Being Finalised

Textiles PolicyThe new national textiles policy, which aims at achieving 300 billion US Dollar textiles exports by 2024-25 and creation of additional 35 million jobs, is being finalized, the government said.

The textiles ministry has set up an expert committee headed by Ajay Shankar, member secretary, national manufacturing competitiveness council for review and revamp the textile policy 2000.

“The expert committee has since submitted a draft vision, strategy and action plan. The new National Textiles Policy, is currently under finalisation,” textiles minister Santosh Kumar Gangwar has said in a written reply to the Rajya Sabha.

Keeping in view various changes in the textile industry on the domestic and international fronts and the need for a road map for the textile and apparel industry, ministry of textiles had initiated the process of reviewing the National Textile Policy, 2000.

The new policy also aims to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry. Replying to a question, Gangwar said so far 70 textiles parks have been approved throughout the country.

“Necessary action is taken in consultation with state governments to ensure that the sanctioned parks are completed in time and textile commissioner has been directed to monitor this on regular basis, extend necessary guidance and support for completion in time,” he said.

Replying to an another question, the minister said Karnataka chief minister in September 2014 has requested the ministry to maintain the customs duty at the level of 15 per cent and to consider increase of the duty to earlier level of 30 per cent. “Import duty on raw silk is continued at 15 per cent,” Gangwar added.

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