Deepening coverage of Technology Upgradation Fund Scheme (TUFS), expansion of integrated textiles parks programme and constitution of a working group for National Fibre Policy are the key ingredients of the 100 days agenda of textiles ministry, released here on Wednesday.
TUFS will be expanded to cover the decentralised sector such as powerloom and small-scale industries, a working group for National Fibre Policy comprising all stakeholders of the textiles and value chain in a time bound manner, textiles minister Dayanidhi Maran said while releasing the agenda.
Under the integrated textile park scheme, two parks will be inaugurated one each at Surat and Visakhapatnam. These parks are expected to bring an investment of about Rs 2,000 crore.
Smilarly, a proposal for 15 other parks will be appraised by Expenditure Finance Committee taking the tally up to 55 parks this fiscal, attracting an investment of Rs 25,000 crore and create employment for 10 lakh workers when operationalised.
The action plan also aims at expanding health insurance scheme for weavers and artisans and will impart momentum to artisans credit card scheme, Maran added.
Also, seven textiles mill modernised by National Textile Corporation (NTC) will be inaugurated during the period. This includes three in Mumbai and four in Tamil Nadu at a cost of Rs 170 crore.
This forms part of the NTC transformation programme involving technological upgradation, financial and organisational restructuring exercise at a cost of Rs 9,102 crore. The scheme approved in 2008 involves modernisation of 22 mills.
Of this, the company has completed modernisation of 17 mills last fiscal.
As a result of revival, the production of yarn was 277 lakh kg and that of cloth was 131 lakh metre during 2008-09. The turnover was Rs 405 crore and cloth Rs 70 crore.
The production of cloth and yarn is expected to jump by 20% when new seven mills start production.