19 Dec 2013

New National Textile Policy

National Textile Policy
Government has constituted an Expert Committee to review the National Textile Policy 2000 and formulate the National Textile Policy 2013. 
The existing National Textile Policy 2000 was framed about 13 years ago and since then the industry has undergone various changes on the domestic and international fronts. 
The domestic textile industry has seen large scale modernization and technological up-gradation in the last decade and faces new challenges.
 In the international trade scenario, while the export quota regime has been removed in 2004, recent trends in the global textile industry offer an enormous opportunity to Indian industry to enhance its share in world trade with a supportive policy framework. 
 Hence, the Government aims to formulate a new improved Textile Policy to address concerns of adequate skilled work force, labour reforms, attracting investments in the Textile Sector, as well as providing a future road map for the textile and  clothing industry. 
The objectives of the new Textile Policy as stated in the Terms of Reference of the Expert Committee are at Annexure-I:
The Expert Committee is mandated to review all aspects of the existing policy. The Committee has held extensive consultations with all segments of the industry including cotton and man-made fibre segments for making its final recommendations.
Terms of Reference of the Expert Committee

       I.            To develop a vision statement of the textile sector for the next decade to treble our market share from the current 4 percent in the next decade;

    II.            To formulate a stable and fibre neutral raw materials policy to benefit the entire value chain;

 III.            To address modernization and mechanization needs of the textile industry;

 IV.            To formulate recommendations for development of a skilled work force;

    V.            To formulate recommendations for creating world class infrastructure for Textile Parks and conducive investment environment;

 VI.            To formulate recommendations for developing and modernizing the powerloom and handloom sector;

VII.            To address the proliferation of environmental concerns;

VIII.            To address inter-segmental inconsistencies in policy in respect of fiscal arrangements and formulate recommendations for balanced growth of the sector;

 IX.            To suggest measures to enable the Textile Industry to attain and sustain a pre-eminent global standing in the manufacture and export of textile products;

    X.            To formulate recommendations to address credit requirements of the textile sector;

 XI.            To formulate recommendations for addressing issues relating to marketing strategies;

XII.            To evolve the Textile Policy 2013 to give a direction to the sector as a whole and to address the needs of the textile industry for 21st century trade operations.

XIII.            The Information was given by the the Minister of  Textiles Dr. Kavuru  Sambasiva Rao in the Rajya Sabha today.

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