Loading…
news

Textile Ministry await initiative from Odisha to design textile parks plan

YarnsandFibers News Bureau 2016-06-24 10:00:00 – Bhubaneswar

The Ministry of Textiles has sanctioned 24 new textile parks for 11 States under the scheme for integrated textile parks (SITP) in the last two years, but Odisha Government is yet to take any initiative to design textile parks plan at Choudwar and Bhadrak.

Union Textiles Minister Santosh Kumar Gangwar informed that they have not received any proposal from Odisha Government so far. They have been asking the States to send their proposals and will certainly consider, if any proposal comes from Odisha.

The project cost under the scheme will be funded through a mix of equity or grant from the Ministry. As per scheme guidelines, the Central Government support is limited to 40 percent of the project cost with a maximum ceiling of Rs40 crore for parks. Apart from providing land for the textiles park, infrastructure development with common facility is the responsibility of the State Government concerned.

Last year, Chief Minister Naveen Patnaik had announced for setting up two integrated textile parks at Cuttack and Bhadrak. The SITP has been simplified and re-oriented towards less industrialized States, the Union Minister said, pointing out that only 60 textile parks were established by the UPA Government during the last 10 years.

The Textile Ministry is promoting handicrafts under ‘Linking Textiles with Tourism’. Raghurajpur near Pipli is one of the special projects for Integrated Development and Promotion of Handicrafts sanctioned by the Ministry with financial assistance of Rs10 crore.

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello