Production Linked Incentive (PLI) Scheme
The PLI Scheme offers incentives for manufacturing and exporting specific man-made fibre textile products, with a government-approved budget of Rs. 10,683 crore (US$ 1.44 billion).
The Union Budget 2021-22 approved the creation of 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks, investing US$ 541.82 million (Rs. 4,445 crore) over three years to establish state-of-the-art textile parks with common utilities and an R&D lab by 2027–28.
National Technical Textiles Mission
The National Technical Textiles Mission focuses on promoting technical education in engineering and technology related to technical textiles and their applications. With a total budget of USD 190 million, it will be implemented over a four-year period from FY 2020-21 to 2023-24. Under the National Technical Textile Mission (NTTM), 74 research projects for speciality fibre and technical textiles valued at US$ 28.27 million (Rs. 232 crore) were approved.
Amended Technology Up-gradation Fund Scheme (A-TUFS)
The Amended Technology Upgradation Fund Scheme (ATUFS) was a Capital Investment Subsidy (CIS) scheme implemented from 2016 to 2022 with a budget of Rs. 17,822 crores. As of December 2022, it disbursed a total of US$ 75.74 million (Rs. 621.41 crore) in subsidies across 3,159 cases under this scheme.
Samarth is a flagship textile sector skill development scheme focused on job creation through placement-oriented skilling programs. It aims to train 10 lakh individuals over three years (2017-20) with a budget of 1300 crore. As of December 2022, 73,919 people have received training, with 38,823 successfully placed, including 18,194 from SC, 8,877 from ST, and 64,352 women.
SAATHI Scheme, a collaboration between the Ministry of Textiles and Energy Efficiency Services Ltd. (EESL), aims to upgrade textile technologies and rejuvenate India’s power loom sector.
Scheme for Capacity Building in Textiles Sector (SCBTS)
The Cabinet Committee on Economic Affairs (CCEA), Government of India, has approved a new skill development scheme called ‘Scheme for Capacity Building in Textile Sector (SCBTS)’ with an outlay of Rs. 1,300 crore (US$ 202.9 million) from FY18-20. The scheme is aimed at providing a demand driven and placement-oriented skilling programme to create jobs in the organised textile sector and to promote skilling and skill upgradation in the traditional sectors.
Weavers MUDRA Scheme
To support the handloom weavers/weaver entrepreneurs, the Weavers MUDRA Scheme was launched to provide margin money assistance at 20% of the loan amount subject to a maximum of Rs. 10,000 (US$ 127.72) per weaver. The loan is provided at an interest rate of 6% with a credit guarantee of three years.
The government has facilitated the onboarding of 1.77 lakh weavers, artisans, and handloom entities on Government e-Marketplace (GeM). This move aims to expand their market reach, enabling direct sales to government departments and organizations, thus supporting the handloom and handicrafts sector.