Groz-beckert
Coats digital transformationCoats digital transformationCoats digital transformationCoats digital transformation
Coats digital transformation
Groz-beckert
Coats Gigital

Govt to boost khadi industry

Indian government has decided to set up 800 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) clusters with an investment of Rs 850 crore by March 2017 to boost khadi and village industries, according to media reports.

“Modernisation of Khadi and village industries is the key to increase more number of job opportunities at the rural and grass root level without affecting the environment,” micro small and medium enterprises minister Kalraj Mishra said at a workshop organised by the Khadi and Village Industries Commission (KVIC) in Delhi recently.

Mishra said that during the 12th Five year plan (2012-17), 800 SFURTI clusters will be set up which will be a great boost to the khadi and village industries.

The MSME Ministry had launched SFURTI in 2005 to promote cluster development. The Scheme envisages need-based assistance for replacement of production equipment, setting up of common facility centres (CFC), product development, quality improvement, improved marketing, training and capacity building.

The target for the revamped SFURTI clusters under 12th Five Year Plan is to set up 800 clusters under KVI and Coir with an outlay of Rs 850 crore to cover four lakh artisans across the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

NC State Professor Uses Machine Learning to Reduce Waste in Textile Dyeing

A new breakthrough from North Carolina State University’s Wilson...

French Brand GEMO Begins Production in Benin’s Glo-Djigbé Industrial Zone

The Glo-Djigbé Industrial Zone (GDIZ) has officially welcomed GEMO,...

Kenyan Government Launches Textile Skills Program in TVET Institutions to Boost Industry Readiness

In a strategic move to align Kenya’s workforce with...

OECD Forecasts Morocco’s Economic Growth to Reach 3.8% in 2025 and 2026

The Moroccan economy is projected to grow steadily at...

JLA Home and FUZE Technologies Launch Sustainable Antimicrobial Hospitality Line

In a major move toward cleaner and more sustainable...

RDD Launches threesixty™: The End of Textile Waste Journey Continues

Portugal-based RDD Textiles unveils threesixty™, a new circular platform...

The Impact of AI and eCommerce on Australia’s Fashion Sector

Artificial Intelligence (AI) is embedded in every industry and...

Cotton ConneXions Hong Kong Bridges Global Cotton Industry Toward Innovation and Sustainability

Over 255 industry leaders from 124 companies—including more than...