Monday, September 3, 2012

National Fibre Policy

The National Fibre Policy has been formulated with a decadal perspective of 2010-20 for developing Cotton, Man Made Fibres, Jute, Wool, Silk and specialty fibres through fiscal and non fiscal incentives. The National Fibre Policy deals with fibres covered under the allocation of business to the Ministry of Textiles. Coir is not covered under the National Fibre Policy as it falls under the allocation of business of Ministry of Micro, Small and Medium Enterprises. Various schemes are implemented by the Coir Board for the promotion and development of the coir industry.

A Knitwear Technology Mission (KTM) has been established at Tirupurfor enhancing capacities and expertise in the knitwear sector. This project would be on PPP mode and provide various support services to the industry including knowledge service, testing & certification, research, training & education, design services etc. It would function as an autonomous self-sustaining organization on no-profit-no-loss model. The Government has given grant of Rs. 5.00 crore to Apparel Export Promotion Council (AEPC) for this project.

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