(a) whether the Government is considering concrete measures that will revive the textile industry and increase production;
(b) if so, the details thereof;
(c) whether the textile industry has sought working capital at 4 per cent interest subvention to purchase cotton; and
(d) if so, the decision taken by the Government in this regard?
MINISTER OF STATE (INDEPENDENT CHARGE)
IN THE MINISTRY OF TEXTILES
(SHRI SANTOSH KUMAR GANGWAR)
(a) & (b): Government has launched various policy initiatives and schemes such as the Technology Upgradation Fund Scheme (TUFS), Schemes for the development of the Powerloom Sector, Schemes for Technical Textiles, Scheme for Integrated Textile Parks (SITP), Integrated Skill Development Scheme, etc. covering all segments of textiles including Handlooms and Handicrafts with the objectives of increasing production, exports and employment. Accordingly, the Textile industry has been growing in terms of production. The data for the last three years is given below:-
Growth in production of textiles items during the last three years
Items Unit 2012-13 2013-14 2014-15 (P)
Production Man made fibre Mn. Kg 1263 1307 1344.0
spurn yarn Mn. Kg 4868 5309 5485.0
Man made filament yarn Mn. Kg 1371 1293 1247.0
Fabrics Mn.sq. mtr 62792 63500 65097.0
(c) & (d): Representation of the Confederation of India Textile Industry (CITI) for reduction in the cost of working capital by way of interest subvention for purchase of cotton has been processed for consideration.
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