Ministry of Textiles Current Affairs - 2019

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SAMARTH Scheme: 16 states ink MoU with Textiles Ministry

16 states out of 18 selected states have signed Memorandum of Understanding (MoU) with Union Ministry of Textiles for skilling about 4 lakh workers as part of Scheme for Capacity Building in Textile Sector (SAMARTH). 16 states that have signed MoUs include Arunachal Pradesh, Kerala, Mizoram, Tamil Nadu, Telangana, Uttar Pradesh, Andhra Pradesh, Assam, Madhya Read More…

Month:  Categories: Government Schemes & Projects

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Scheme for Development of Knitwear Sector Launched

The Union Textiles Minister Smriti Irani launched, Scheme for development of knitting and knitwear sector under PowerTex India. Features of the Scheme for Development of Knitwear Sector Out of the 487.07 crore outlay of Powertex India, ₹72 crore has been allocated to the scheme. The scheme envisions the creation of new service centres on public-private Read More…

Month:  Categories: Government Schemes & ProjectsUPSC

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Surging Silk – Accomplishment and Way Forward

The Ministry of Textiles in association with Central Silk Board had organized an event, Surging Silk – Accomplishment and way forward on 9th February 2019 at in New Delhi. The event was presided over by Union Minister of Textiles, Smriti Zubin Irani and Union Minister of External Affairs, Sushma Swaraj was the chief guest for Read More…

Month:  Categories: Business, Economy & Banking

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Yarn Bank Scheme

The Ministry of Textiles, Government of India had launched a Yarn Bank Scheme as one of the components of PowerTex India scheme with an aim to avoid fluctuation in yarn price. Objectives of the Scheme The objectives of the Yarn Bank Scheme are: To provide interest-free corpus fund to Special Purpose Vehicle (SPV) or Consortium Read More…

Month:  Categories: Government Schemes & Projects

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Size INDIA: NIFT to conduct National Sizing Survey to develop size chart

National Institute of Fashion Technology (NIFT), New Delhi under Ministry of Textiles is going to conduct National Sizing Survey dubbed as Size India to develop comprehensive size chart for ready-to-wear industry based on body measurements of Indian population. So far, 14 countries have successfully completed national sizing surveys that include US, UK, France, Canada, Spain, Read More…

Month:  Categories: Governance & Politics

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Ministries of Power & Textiles join hands for SAATHI initiative

Ministries of Power and Textiles have joined hands under SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries) initiative. Under this initiative, Energy Efficiency Services Limited (EESL), a PSU under Ministry of Power, will procure energy efficient powerlooms, motors and rapier kits in bulk and provide them to small and medium Read More…

Month:  Categories: Government Schemes & Projects

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Government launches PowerTex India scheme for powerlooms

The Union Ministry of Textiles has launched PowerTex India, a three-year comprehensive scheme for Powerloom Sector Development. The PowerTex India scheme aims to boost common infrastructure and modernisation of the powerloom sector in the country. Key Facts PowerTex India scheme comprises new research and development in power loom textiles, new markets, branding, subsidies and welfare Read More…

Month:  Categories: Government Schemes & Projects

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