5 months ago
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The authorities connected Sunday (February 1, 2026) announced an integrated programme to boost maturation successful the labour-intensive textile assemblage and besides projected mounting up mega textile parks.
In her fund speech, Union Finance Minister Nirmala Sitharaman said, "For the labour-intensive Textile Sector, I suggest an Integrated Programme with 5 sub-parts". Under these 5 sub-parts, she announced a 'National Fibre Scheme' for self-reliance successful earthy fibres specified arsenic silk, wool and jute, man-made fibres, and new-age fibres.
The authorities projected a 'Textile Expansion and Employment Scheme' to modernise accepted clusters with superior enactment for machinery, exertion upgradation and communal investigating and certification centres.
A National Handloom and Handicraft programme has been projected to integrate and fortify existing schemes and guarantee targeted enactment for weavers and artisans. That apart, the Minister said a 'Tex-Eco Initiative' volition beryllium launched to beforehand globally competitory and sustainable textiles and apparels.
The authorities besides projected 'Samarth 2.0' to modernize and upgrade the textile skilling ecosystem done tie-ups with manufacture and world institutions.
"Further, I suggest to acceptable up Mega Textile Parks successful situation mode. They tin besides absorption connected bringing worth summation to method textiles," Ms. Sitharaman said.
Moreover, the Centre volition motorboat the Mahatma Gandhi Gram Swaraj initiative to fortify khadi, handloom and handicrafts.
"This volition assistance successful planetary marketplace linkage and branding. It volition streamline and enactment training, skilling, prime of process and production. This volition payment our weavers, colony industries, One-District, One-Product inaugural and agrarian youth," the Finance Minister said.
She projected a dedicated inaugural for sports goods that volition beforehand manufacturing, probe and innovation successful instrumentality plan arsenic good arsenic worldly sciences.
"I suggest to widen the clip play for export of last merchandise from the existing 6 months to 1 year, for exporters of leather oregon textile garments, leather oregon synthetic footwear and different leather products," the Minister said.
