The new direction will change the textile industry of India

India is the largest market for textile industry in the world. India has a textile market worth around $197 billion. To support this, the Government of India has come up with enabling schemes. Under this scheme, the Government of India will provide a lot of support to the textile industry and India and it will take the textile sector of India to a new height. If you also want to take advantage of this scheme, we have provided you all the information related to this scheme through our blog.

What is the affordability plan?

The Ministry of Textiles has launched Project Samarth, a capacity building initiative in India’s textile sector The scheme launched in 2017 is known as Capacity Building Scheme in Textile Sector. The first objective of the Samarth Scheme is to ensure continuous supply of skilled manpower to India’s labour-intensive textile sector. The scheme aims to develop skills of 10 lakh youth in organized sectors across the entire textile value chain except spinning and weaving. With a budget of Rs 13000 crore, the Samarth project includes advanced features like training of trainers, Aadhaar-enabled biometric attendance, CCTV recording of training programmes, dedicated call center with helpline number, online monitoring of training process. A mobile app based management information system.

Samarth Yojana Textiles

Facilitation of enabling projects

  • Textile skill training for the benefit of youth.
  • For youth empowerment, the Government of India has signed MoUs with 18 states, under which 4 lakh people will get training facilities.
  • Target to train 3.6 lakh beneficiaries in traditional and organized sectors.
  • Samarth Yojana will benefit socially backward classes and 150 aspirant districts as they are given special initiative.
  • Strong strategy and monitoring system of Samarth Yojana will ensure proper and timely completion of training.
  • Concessional financial support through the Mudra scheme will benefit India’s entrepreneurship development and job creation ecosystem.

Documents required for Samartha Yojana

  • Ration magazine
  • address proof
  • Aadhaar Card
  • mobile number
  • Passport size photograph

Budget and Ministries

In the financial year 2021-22, the ministry received a budget allocation of ₹11,059.81 crore, which was increased by over 10% to ₹12,382 crore in 2022-23. However, the ministry faced a 71% cut in its revised budget estimates, bringing the expenditure to ₹3,579 crore in 2022-23.

A slight increase in budget allocation will not have any impact on the progress of the Prime Minister Mega Integrated Textile Zone and Apparel Project as ₹4,445 crore has been sanctioned for 5 years till 2027, said a youth quoted above.

FAQ/S

1. What is the main goal of Samarth Yojana?

Ensuring continuous demand for skilled manpower in India’s labour-intensive textile sector.

2. What does Samarth Yojana mean?

Samarth means capacity building scheme in textile sector.

3. What is the budget for the project?

Able project budgets The Government of India released about Rs.10,000 crore.

Samarth Yojana

Conclusion

India is the largest textile market in the world. And, to further develop this market, the Government of India has come up with the Samarth Yojana, under which the youth will be taught new skills and the Government of India will provide them with various assistance so that they can create a distinct identity for themselves. in the market and can improve their lives

Read more:

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