- The estimate investment is Rs. 30,000 in the year 2005-06.
- The Technology Upgradation Fund (TUF) scheme will be allocated with
Rs. 435 crore.
- 10 per cent capital subsidy scheme for the textile processing sector
will be given apart from the benefits of the TUF Scheme.
- 20 clusters of the handloom sector will be taken by the Ministry of
Textiles at a cost of Rs. 40 crore for the year. The Ministry will adopt
these clusters for the development approach of production and marketing
of handloom products.
- The Government will extend a life insurance coverage of Rs. 50,000
to 20 lakh weavers from existing 2 lakhs, in two years at a recurring
cost of Rs. 30 crore per year.
- The Government will also extend the health insurance package to 2
lakh weavers from the existing 25,000 weavers at a recurring cost of Rs.
30 crore per year.
- 30 items of "Textile products includes hosiery" are dereserved from SSI list.
