Ministry of Textiles is organizing an outreach programme for Textiles Sector MSMEs tomorrow in New Delhi to hold interaction with the stakeholders to help them avail the benefits of the 100 days support and outreach programme for MSMEs announced by the Prime Minister. Minister of Social Justice and Empowerment Dr. Thawar Chand Gehlot will be the Chief Guest on the occasion. Minister of Textiles Smriti Zubin Irani will preside over the function. Minister of State for Textiles, Ajay Tamta will also be present.
An exhibition showcasing achievements of the textiles sector MSMEs will also be held on the occasion.
Prime Minister Narendra Modi had launched the 100 days support and outreach programme for MSMEs in November last year identifying one hundred districts in various sectors across the country. Amongst these, thirty-nine districts were identified for textiles sector - 12 for handloom, 19 for handicraft and 8 for power loom. Under this programme, various activities have been undertaken in identified districts for creating synergy for MSMEs in textile sector like holding camps for Mudra Loan in collaboration with local bank, enrolment of beneficiaries on e-dhaga, distribution of tool kits to beneficiaries, registration and distribution of Pehchan card to artisans and weavers, popularization of 24x7 help line, quality certification and social security. With a view to consolidate progress under the programme, district level events were organized in each identified district on weekends. Further, exhibitions of handloom, handicraft, and powerloom products were also organized in the State Bhavans in Delhi yesterday and today.
Over 75 per cent of the garment industry in India is in the MSME sector and the twelve initiatives covered in the package would benefit most units in the industry. The two per cent interest subvention for new loans, two per cent additional subvention for export credits and clearance of loans upto 1 crore rupees within 59 minutes would help the India's garment industry to address working capital problems. Credit based on upcoming receivables under e-discounting system is another welcome step in this direction. Joint Secretary Level IAS Officers have been designated as Prabhari in each district to work with nodal officers appointed by respective sectoral heads. (AIR NEWS)