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Govt prepares document for Technology Mission for Indian Silk

Written by: Staff
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New Delhi, Mar 1 (UNI) Minister of State for Textiles E V K S Elangovan today informed the Rajya Sabha that the Central Silk Board is preparing a document for Technology Mission for Indian Silk in consultation with various state governments and stake holders in the industry.

He further said as the document was in the initial stages with extensive consultations yet to be over, it was not possible to predict the time of its launch.

On the modernisation of jute mills, the Minister stated that the government was operating several schemes like the Technology Upgradation Fund Scheme (TUFS), the Jute Entrepreneurs Assistance Scheme (JEAS), JMDC's Incentive Scheme for Modernisation of Jute Industry and the External Market Assistance (EMA) Scheme.

He also denied that there was any plan to downsize the TUF.

In reply to another question, Mr Elangovan informed that India's share in the global textile market had marginally decreased from 3.46 per cent in 2000 to 3.33 per cent in 2003 while China's share had increased from 14.83 per cent in 2000 to 19.5 per cent in 2003.

He admitted that China has a certain edge over India in respect of infrastructure, raw material costs, tariff structure and power rates. Besides, China has got highly developed, old and well established textile industry, which has significant presence in the entire textile value chain.

The Minister further informed that according to the International Cotton Advisory Committee (ICAC) Bulletin - September, 2005, India produced 15.73 per cent of world's cotton during the year 2004-05 (Cotton Year: October-September).

As per industry's textile vision, the Indian textile industry is likely to achieve 6 per cent share of world market by 2010 and would generate an additional employment of 12 million (5 million direct and 7 million jobs in the allied sector).

UNI BBS JN PC1418

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