Govt unveils 21 textile parks to promote job creation
Updated: Apr 24, 2013 12:36:45pm
New Delhi, Apr 24 (KNN) The government today launched 21 textile parks for job creation under the Scheme for Integrated Textile Parks (SITP).
“Under the scheme, 61 parks have been sanctioned – 40 projects were started in the 11th Plan and another 21 projects are to be implemented in the 12th Plan. Out of the 40 parks sanctioned earlier, a total of 25 Parks are already operational. Most of the balance parks are expected to be completed during this financial year. The estimated employment generation is over 10 lakh persons with a total estimated investment of Rs. 27, 562 crore,” said an official statement.
The textile parks were inaugurated by Commerce Minister Anand Sharma.
Out of the 21 new parks, six are in Maharashtra, four in Rajasthan, two each in Andhra Pradesh and Tamil Nadu and one each in Uttar Pradesh, West Bengal, Tripura, Karnataka, Gujarat, Himachal Pradesh and Jammu and Kashmir.
The government is also planning to open apparel manufacturing units at a cost of Rs 10 crore per park.
“In this year’s budget speech, the Finance Minister announced an additional amount of up to Rs. 10 crore per park for setting up apparel manufacturing units for the projects under the SITP. Necessary action is being taken for implementing the announcement,” it said. (KNN)
“Under the scheme, 61 parks have been sanctioned – 40 projects were started in the 11th Plan and another 21 projects are to be implemented in the 12th Plan. Out of the 40 parks sanctioned earlier, a total of 25 Parks are already operational. Most of the balance parks are expected to be completed during this financial year. The estimated employment generation is over 10 lakh persons with a total estimated investment of Rs. 27, 562 crore,” said an official statement.
The textile parks were inaugurated by Commerce Minister Anand Sharma.
Out of the 21 new parks, six are in Maharashtra, four in Rajasthan, two each in Andhra Pradesh and Tamil Nadu and one each in Uttar Pradesh, West Bengal, Tripura, Karnataka, Gujarat, Himachal Pradesh and Jammu and Kashmir.
The government is also planning to open apparel manufacturing units at a cost of Rs 10 crore per park.
“In this year’s budget speech, the Finance Minister announced an additional amount of up to Rs. 10 crore per park for setting up apparel manufacturing units for the projects under the SITP. Necessary action is being taken for implementing the announcement,” it said. (KNN)
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