Ministry of Textiles Current Affairs - 2020

IHGF-Delhi Fair begins

The 48th Indian Handicrafts and Gifts Fair (IHGF) organized by the Ministry of Textiles began in Greater Noida on October 16, 2019. More than 3,200 Indian exhibitors are participating in the fair. Around 110 overseas buyers from 110 countries are participating in the event as well. They are here to source furniture, fashion, lifestyle and Read More…

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…

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…

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…

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…