scheme-for-integrated-textile-park-sitp-pib

  • The Ministry of Textile is implementing Scheme for Integrated Textile Park (SITP) which is demand driven
  • It provides support for creation of world-class infrastructure facilities for setting up of textile units, with a Government of India grant upto 40% of the project cost and Government of India grant upto 90% of the project cost for first two projects (each); with ceiling limit of Rs. 40.00 crores for each textile park.
  • The States covered under this Scheme are: Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Himachal Pradesh, Uttarakhand and Union Territory of Jammu & Kashmir and Union Territory of Ladakh.
  • The Special Purpose Vehicle (SPV) formed by the representatives of local industry, Financial Institutions, State Industrial and Infrastructural Corporations and other agencies of State and Central Governments registered as a Corporate Body under Companies Act would submit their proposal directly to the Ministry for consideration. 
  • SITP is thus a demand driven scheme. 

Some of the other programmes initiated by Government to boost the textile industry and the incentives given for textile workers are:

  • PowerTex India: A comprehensive scheme for Powerloom sector with components relating to Powerloom up-gradation, infrastructure creation, concessional access to credit, etc.
  • Jute ICARE for increasing the income of farmers by at least 50% through promotion of certified seeds, better agronomic practices, use of microbial reusing of Jute plant, retting to produce quality of jute, increase productivity and to reduce the cost of jute production for the jute farmers.