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Karnataka Government unveils new textile policy

Karnataka government has announced a new textile policy which will replace the current textile policy "Survarna Vastra Neeti" which was in effect from 2008-2013. The new policy will come into effect from 2014 is classifying the state into 3 zones with the zone 1 is classified as backward which will get maximum benefits, while zone 2 will get marginal benefits and zone 3 which is near urban area like Bangalore will receive no benefits. Besides this, the policy also provides credit linked subsidy of 15-20% for large textile projects where investment ranging from Rs. 100 million to 990 million as well as projects of SME's.

New Handloom cluster to get government funds

Four new handloom clusters are to come up in the state of Tamil Nadu. The identified cluster villages in district are Pallavar and Varadaraja in Kanchipuram district , Arni in Thiruvannamalai district and Rasipuram in Thiruchengode in Salem district of Tamil Nadu. The state government has earmarked funds for the clusters and it awaits central government funding to the tune of Rs. 4.57 million. It may be noted, the central ministry of textiles is also planning to set up a zari and embroidery craft cluster in Kulithalai in Karur district of Tamil Nadu. The funds will be used to mechanization of the workplace, besides meeting the housing needs of weavers.

SIMA demands scrapping of Handlooms Reservation Act 1985

SIMA (South India Mills Association) has demanded a repeal off the Handlooms Reservation Act,1985 which is curtailing the growth. It also makes the product expensive and affects the workers of handlooms. Sathyam Committee which was formed in 1999 has also recommended its scrapping. Now, most of the products produced in handlooms are better produced in cost effective manner.

Maharashtra thinks of new policy for value added textile growth

Maharashtra, where a large quantity of cotton is cultivated had been procured largely in southern textile centres like Madurai, Coimbatore and Thiruppur. Currently, much of the activity surrounds on cotton processing like ginning and spinning, where much value addition is not taking place. So the state government is thinking to identify cotton clusters to bring about textile units integration.

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