how the Indian Government promotes these traditional textile industries
Answers
The new government, under the leadership of Prime Minister Shri Narendra Modi, has stressed an economic vision based on increasing production, export and generating employment giving particular attention to:
· Generate productive employment opportunity for the youth
· Inclusive and participative growth
· Skill, Scale, and Speed
· Make in India brand.
· Zero defect - Zero Effect (on environment)
· Adarsh Gram
India’s textiles and clothing industry are one of the mainstays of the national economy. It is also one of the largest contributing sectors of India’s exports contributing nearly 13.25% of the country’s total exports basket. The textiles industry is labor intensive and is one of the largest employers. The textile industry has realized export earnings worth of 41.57 billion USD in 2013-14
The Textile industry has two broad segments, namely handloom, handicrafts, sericulture, power looms in the unorganized sector and spinning, apparel, garments, made ups in the organized sector.
New Government has taken many initiatives for the development of the textiles sector. Some of the initiatives are as follows.