Skill De­vel­op­ment a Pri­or­ity for Tex­tiles Sec­tor

FICCI Business Digest - - States -

FICCI hosted an in­dus­try meet – 'Tech­no­tex 2018' – on 24 May 2018 in Ben­galuru prior to Tech­no­tex 2018, the 7th edition of in­ter­na­tional ex­hi­bi­tion and con­fer­ence on tech­ni­cal tex­tiles, to be held in Mum­bai on 28-29 June 2018. A com­mon plat­form for in­ter­ac­tion amongst stake­hold­ers from across the global tech­ni­cal tex­tile value chain, Tech­no­tex ex­em­pli­fies im­mense po­ten­tial for trade and in­vest­ment between In­dia and other coun­tries in the tech­ni­cal tex­tile sec­tor. The meet wit­nessed a dis­cus­sion on the cur­rent state of the tex­tile in­dus­try and the steps needed to en­sure con­tin­u­ous growth of the sec­tor.

Anant Ku­mar Singh, Sec­re­tary, Min­istry of Tex­tiles, said, 'Tech­ni­cal tex­tile is a sun­rise sec­tor in In­dia and is grow­ing at a CAGR of 12 per cent per an­num. We need to cre­ate aware­ness about the im­mense po­ten­tial of this sec­tor, de­velop the sec­tor, suf­fice the skill gap and bring in­vest­ments in the coun­try. Skill de­vel­op­ment is the pri­or­ity area for tex­tiles sec­tor.' In De­cem­ber 2017, the Cab­i­net Com­mit­tee on Eco­nomic Af­fairs, has given its ap­proval for a new skill de­vel­op­ment scheme from 2017-18 to 2019-20 with an out­lay of INR1300 crore. The scheme ti­tled 'Sa­marth' will have Na­tional Skill Qual­i­fi­ca­tion Frame­work (NSQF) com­pli­ant train­ing cour­ses with fund­ing norms as per the Com­mon Norms no­ti­fied by the Min­istry of Skill De­vel­op­ment and En­trepreneur­ship (MSDE). The ob­jec­tives of the scheme are to pro­vide de­mand driven, place­men­to­ri­ented skilling pro­gramme to in­cen­tivize the ef­forts of the in­dus­try in cre­at­ing jobs in the or­ga­nized tex­tile and re­lated sec­tors.

Anant Ku­mar Singh, Sec­re­tary, Min­istry of Tex­tiles, Govern­ment of In­dia.

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