The government will soon convene a meeting to seek states’ views and inputs on the new National Textile Policy. The policy aims to achieve $300 billion textile exports by 2024-25 and create an additional 35 million jobs.

“The Textile Ministry will organise a special meeting with states to seek their views and suggestions for the New Textile Policy,” a senior official told PTI.

“It is important to get the states on board for successful implementation of the policy, once it is unveiled. Therefore, seeking states’ inputs is essential in formulation of the policy,” the official added.

The official said that relevant suggestions put forth by the states will be vetted by Textile Ministry and incorporated into the final draft of the policy, after which a Cabinet note will be circulated among stakeholder Ministries like the Finance Ministry for their inputs.

Thereafter, the policy will be sent for the Union Cabinet’s nod to bring the new policy into effect.

The policy seeks to address concerns related to skilled workforce, labour reforms, attracting investments in the sector and providing a future road map for the textiles and clothing industry.

Keeping in view various domestic and international developments in the textile industry and the need for a road map, the Ministry of Textiles had initiated the process of reviewing the National Textiles Policy, 2000.

Source: The Financial Express