Focus on Textiles, handlooms and coir industry

New Delhi, Feb 28: Finance Minister P Chidambaram today enhancedthe provision for various schemes in the textiles, handlooms and coirsectors in his budget proposals for 2007-08 in the Lok Sabha.

These are Textiles: Budgetary allocation of Scheme for IntegratedTextile Parks (SITP) enhanced from Rs 189 crore in 2006-07 to Rs 425crore in 2007-08. Technology Upgradation Fund (TUF) Scheme to becontinued during the eleventh plan, with a provision of Rs 911 crore in2007-08, as again Rs 535 crore in 2006-07.

Handlooms: The Health Insurance Scheme that has so far covered300,000 weavers to be extended to more viewers. The scheme will also beenlarged to include ancillary workers. Allocation for handloom sectorenhanced to Rs 320 crore (Rs 241 crore in 2006-07).

Coir industry: A new scheme with a provision of Rs 22.50 crore forthe modernization and technology upgradation of the coir industry, withspecial emphasis on major coir producing states such as Kerala,Karnataka, Tamil Nadu, Andhra Pradesh and Orissa.

UNI

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