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Govt to restructure textile policy to encourage modernisation

Friday December 30, 2011 03:02:23 PM, Staff Reporter


Malegaon: While admitting that the textile industry has so far not been given the attention it deserves, Textile Secretary Rita Menon on December 26 in New Delhi proposed wide ranging initiatives to be included in the 12th five year plan for the industry, especially the smaller powerloom clusters, so as to deal with the global challenges.

“That the textile industry is one of the largest is not a secret anymore. Despite this it could not get the required attention as the other sectors and comparatively very small budgetary funds were allocated for its development”, Ms Menon said in her concluding remarks while addressing the powerloom stakeholders meeting at Udyog Bhavan. She was assisted by Joint Secretary (Textiles) Ms Sunaina Tomar in the meeting.

“However”, Ms Menon said, “For the 12th five year plan, we have proposed to restructure the entire schemes, and also to make smoother the release of subsidies and loans keeping in mind the global challenges specially from China which the industry is facing today.”

A total of 46 industrialists from 9 textile centres of the country with around 2.3mn powerlooms made to the venue despite chilling cold in the National Capital. Malegaon Industrialists and Manufacturers Association (MIMA) represented the Malegaon Textile Cluster in the meeting called ahead of the finalization of the 12h five year plan, which commence from 1st April 2012.

Besides restructuring the entire Technology Upgradation Fund (TUF) scheme, Textile Ministry’s flagship program introduced in 2001, Ms. Menon also promised to fight for more funds in the next five year plan for the industry.

“We have decided to extend the TUF scheme till 2017 and are also working on allocating more funds under this scheme so that more and more people upgrade their existing machineries and infrastructure to international standard”, she added.

“Our special attention for the next five year plan is also on smaller and decentralized powerloom clusters. We have proposed Rs. 15000 or 50% of the upgradation cost especially for such centres so that they also improve their machineries and the product quality”, Ms Menon said with a direct reference to Malegaon, Bhiwandi, Burhanpur, Jabalpur and Tanda in Uttar Pradesh.

Ms Menon also agrees to propose in the 12th five year plan to de-link the capital subsidy from the bank loan, to increase the government’s share under Group Work-shed Scheme and to lower the number of powerlooms from 48 to 12 in one group.

To control yarn prices, Ms Menon proposed establishment of yarn banks and government owned yarn sales depot all across the country. She also advocated restarting the spinning mills owned by co-operative societies that remain non-operational due to various problems.

Important issues
On top of the plethora of the issues and difficulties unleashed by the industrialists gathered from all across the country were irregular power supply and prolonged power cuts, shortage of skilled labour, volatility in yarn prices and difficulties the industrialists are facing in getting the loans from the banks. According to the data presented in the meeting, the industry is facing daily production loss of 30-40% due to power cuts and shortage of raw materials.

Important suggestions
The important suggestions which came during the meeting include National yarn price monitoring system, bringing yarn under the Essential Commodity Act, uniform electricity charges for all states, duty exemption on imported shuttleless looms, abolishing of octroi and other taxes including newly introduced labour cess and granting special status to the textile industry like making it a labour oriented industry and a priority sector.







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