Textile - Policy News

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INDIA: Skilled workers demand to rise to 100 million in a decade
[Jan 28, 2013] Based on the current trends, there would be an estimated shortage of 40 million skilled workers and 45 million semi-skilled workers globally within this decade.

INDIA: TUFS may be extended in 12th Five Year Plan
[May 18, 2012] The Ministry of Textile has proposed extension of the Technology Upgradation Fund (TUF) Scheme in the 12th Five Year Plan with an allocation of Rs 158.86 billion, as informed by the Minister of State for Textiles Panabaaka Lakshmi in a written reply to the Lok Sabha.

ZIMBABWE: US$ One Million NID Project for Craftswomen of Africa
[Jan 11, 2012] The project will be launched in Zimbabwe in February 2012 with the team from NID visiting Zimbabwe for identification of 25 craftswomen, who would be later trained in India, in collaboration with New Basket Workshop Foundation, an African NGO.

INDIA: Single Brand Retail - 100 Per Cent FDI Notified
[Jan 11, 2012] Department of Industrial Policy and Promotion Ministry of Commerce and Industry notified the decision to allow 100 per cent FDI in Single brand retail.

INDIA: 21 New Textiles Parks in next three years
[Nov 07, 2011] Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months.

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