Govt Plans Capital Subsidy Scheme for Textile Tech Upgradation, Other Schemes Await Cabinet Nod: Giriraj Singh
New Delhi, Oct. 3 -- The government is planning a series of schemes, including a capital subsidy programme for technological upgradation across the textile value chain, amid global market uncertainties, Union Textiles Minister Giriraj Singh said on Thursday.
Addressing micro, small and medium enterprise (MSME) stakeholders at a textile conclave on Thursday, Singh said, "Within a month or two, we will have our schemes approved by the Cabinet," the Business Standard reported.
He noted that the proposed schemes are expected to receive Cabinet approval within the next one to two months and would address several concerns raised by the industry.
Capital Support For Technology Upgradation
Textile Commissioner Vrunda Manohar Desai said, "Lack...
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