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| Swear Credit ranking: The Hindu
The authorities on Sunday (February 1, 2026) launched an constructed-in programme to take development in the labour-intensive textile sector and furthermore proposed organising mega textile parks.
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In her budget speech, Union Finance Minister Nirmala Sitharaman acknowledged, “For the labour-intensive Textile Sector, I propose an Integrated Programme with 5 sub-parts”. Beneath these 5 sub-aspects, she launched a ‘National Fibre Plot’ for self-reliance in natural fibres reminiscent of silk, wool and jute, man-made fibres, and unusual-age fibres.
The authorities proposed a ‘Textile Growth and Employment Plot’ to modernise old clusters with capital toughen for machinery, know-how upgradation and former trying out and certification centres.
A National Handloom and Handicraft programme has been proposed to integrate and purple meat up serene schemes and make clear focused toughen for weavers and artisans. That apart, the Minister acknowledged a ‘Tex-Eco Initiative’ will be launched to promote globally aggressive and sustainable textiles and apparels.
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The authorities furthermore proposed ‘Samarth 2.0’ to modernize and upgrade the textile skilling ecosystem by means of tie-usawith commerce and tutorial institutions.
“Further, I propose to set up Mega Textile Parks in challenge mode. They can also focus on bringing value addition to technical textiles,” Ms. Sitharaman acknowledged.
Moreover, the Centre will originate the Mahatma Gandhi Gram Swaraj initiative to purple meat up khadi, handloom and handicrafts.
“This will help in global market linkage and branding. It will streamline and support training, skilling, quality of process and production. This will benefit our weavers, village industries, One-District, One-Product initiative and rural youth,” the Finance Minister acknowledged.
She proposed a dedicated initiative for sports items that can promote manufacturing, learn and innovation in instruments model moreover to subject topic sciences.
“I propose to extend the time period for export of final product from the existing 6 months to 1 year, for exporters of leather or textile garments, leather or synthetic footwear and other leather products,” the Minister acknowledged.
Printed – February 01, 2026 03:02 pm IST
