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Indian Textile Ministry to consult states on New textile Policy
Sat 19, 2016
As per Industry reports, the Union Textiles Ministry will hold a special meeting with various states to seek their views and suggestions for the new Textile Policy, since it is important to consult states for successful implementation. The new policy aims to garners $300 billion in textile and apparel exports by 2024-25, while also creating an additional 35 million jobs. “The relevant suggestions from the states will be vetted by the Textiles Ministry and take into the final draft of the policy, after which a cabinet note will be circulated among other ministries like the Finance Ministry for more inputs,” a media agency quoted an official of the textiles ministry as saying. “Seeking suggestions and inputs from states was important in formulating the policy, the official added. Once the draft of the policy gets the nod from various ministries, it will be sent to get approval from the Union Cabinet.