India plans Rs.8,000-cr outlay to boost khadi, handloom and handicraft output
New Delhi, Nov. 4 -- The Centre is considering an outlay of Rs.8,000 crore for a marquee programme to boost production in the khadi, handloom and handicraft segments and strengthen global market linkages and branding.
The Mahatma Gandhi Gram Swaraj Initiative could be structured as a five-year production-linked incentive (PLI) scheme to complement the existing PLI programme in the textile sector, according to two people aware of the preliminary discussions.
The current PLI scheme, launched in 2021 with an outlay of Rs.10,683 crore for five years and now extended up to 2033-34, mainly targets man-made fibre-based garments and fabrics, and select technical textile products.
The latest proposal is part of India's plan to create more jobs ...
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