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Textiles Ministry to soon seek Cabinet nod on new policy

The new policy aims to achieve USD 300 billion textiles exports by 2024-25.

New Delhi: Textiles Ministry will approach the Cabinet in a fortnight seeking approval for the new national textiles policy that seeks to create 35 million jobs, Union Minister Santosh Gangwar said on Tuesday.

"We will approach the Cabinet in 10-15 days for approval of the new Textiles Policy," Gangwar told PTI.

The new policy aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35million jobs.

It policy also aims to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry.

Keeping in view various changes in the textile industry on the domestic and international fronts and the need for a roadmap for the textile and apparel industry, Ministry of Textiles had initiated the process of reviewing the National Textile Policy, 2000.

( Source : PTI )
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