ENA Sectors 2018-04-05 08:54:59 <p><strong>New Delhi, Apr 5 (KNN)</strong> With a view to create employment in Leather and footwear sector, a special package has been approved by the government for employment generation in the concerned sector which involves implementation of Central Sector Scheme Indian Footwear, Leather &amp; Accessories Development Program (IFLADP).</p> <p>The expenditure approved under this scheme is Rs 26,00 crores for three financial year from 2017-18 to 2019-20.</p> <p>The IFLADP comprises of seven sub-schemes.</p> <p>Human Resource Development (HRD) sub-scheme has been proposed to provide financial assistance of Rs 15,000 per unemployed persons for Placement Linked Skill Development training, Rs 5000 per employee for skill up-gradation training to employed workers and Rs 2 lacs per person for training of trainers.</p> <p>Integrated Development of Leather Sector (IDLS) sub-scheme incentivizes investment and manufacturing including job creation by providing backend investment grant/subsidy at 30% of the cost of new Plant and Machinery to Micro, Small &amp; Medium Enterprises (MSMEs) and at 20% of the cost of Plant and Machinery to other units for modernization /technology up-gradation in existing units and also for setting up of new units.</p> <p>Establishment of Institutional Facilities sub-scheme provides assistance to Footwear Design &amp; Development Institute (FDDI) for up-gradation of some of the existing campuses of FDDI into Centers of Excellence and establishing 3 new fully equipped skill centers alongside the upcoming Mega Leather Cluster.</p> <p>Mega Leather, Footwear and Accessories Cluster (MLFAC) sub-scheme has been proposed to facilitate infrastructure support to the Leather, Footwear and Accessories Sector by establishment of Mega Leather, Footwear and Accessories Cluster.</p> <p>Further, Graded assistance is provided up to 50% of the eligible project cost, excluding cost of land with Government assistance being limited to Rs. 125 crores.</p> <p>Leather Technology, Innovation and Environmental sub-scheme, has been proposed with an objective of providing assistance for up-gradation/installation of Common Effluent Treatment Plants (CETPs) at 70% of the project cost.</p> <p>Further, provides support to national level sectoral industry council/ association and support for preparation of vision document for Leather Footwear and Accessories Sector.</p> <p>Promotion of Indian Brands in Leather, Footwear and Accessories sub-scheme, provides assistance to eligible units approved for Brand Promotion and the Government assistance for this is limited to 50% of total project cost subject to a limit of Rs.3 crores for each brand, each year for 3 years.</p> <p>Additional Employment Incentive for Leather, Footwear and Accessories Sector scheme, shall provide additional 3.67% of employers contribution to Employees' Provident Fund for all new employees in Leather, Footwear and Accessories sector are provided for enrolling in EPFO for first 3 years of their employment.<strong> (KNN/YV)</strong></p> 19496 http://knnindia.co.in/news/newsdetails/sectors/govt-okays-special-package-for-leather-and-footwear-sector 2018-04-05 08:54:59 knnindia.co.in