Cabinet grants Rs 1,300 cr for skilling 10 lakh people in textile sector

The Union Cabinet on Wednesday approved a Rs 1,300 crore package to the textile sector for skill development and capacity building.

At least 10 lakh people are expected to be skilled and certified in various segments of the sector through the scheme, out of which 1 lakh will be in traditional sectors, a source who attended the meeting said.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, gave its approval for a new skill development scheme covering the entire value chain of the textile sector, excluding spinning and weaving in the organised sector, for a period of three years.

The objectives of the scheme are to provide demand-driven, placement-oriented skilling programme to incentivise the efforts of the industry in creating jobs in the organised textile and related sectors, to promote skilling and skill up-gradation in the traditional sectors through respective sectoral divisions/organisations of Ministry of Textiles, and to provide livelihood to all sections of the society across the country.

In June, the Centre granted Rs 6,000 crore to the sector.