Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Union Budget 2026-27: Govt proposes integrated programme to boost textile sector

PTI
Updated: February 1st, 2026, 14:47 IST
in Business, National
0
Textile

Pic- IANS

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The government Sunday announced an integrated programme to boost growth in the labour-intensive textile sector and also proposed setting up of mega textile parks.

In her budget speech, Union Finance Minister Nirmala Sitharaman said, “For the labour-intensive Textile Sector, I propose an Integrated Programme with 5 sub-parts”. Under these five sub parts, she announced a ‘National Fibre Scheme’ for self-reliance in natural fibres such as silk, wool and jute, man-made fibres, and new-age fibres.

Also Read

Rohit Jain named RBI deputy governor for three-year term

1 hour ago

Bengal: Over 55 pc turnout till 1 pm in repoll in 15 booths of 2 assembly seats

2 hours ago

The government proposed a ‘Textile Expansion and Employment Scheme’ to modernise traditional clusters with capital support for machinery, technology upgradation and common testing and certification centres.

A National Handloom and Handicraft programme has been proposed to integrate and strengthen existing schemes and ensure targeted support for weavers and artisans. That apart, the minister said a ‘Tex-Eco Initiative’ will be launched to promote globally competitive and sustainable textiles and apparels.

The government also proposed ‘Samarth 2.0’ to modernize and upgrade the textile skilling ecosystem through tie-ups with industry and academic institutions.

“Further, I propose to set up Mega Textile Parks in challenge mode. They can also focus on bringing value addition to technical textiles,” Sitharaman said.

Moreover, the Centre will launch the Mahatma Gandhi Gram Swaraj initiative to strengthen 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 said.

She proposed a dedicated initiative for sports goods that will promote manufacturing, research and innovation in equipment design as well as material 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 said.

PTI

Orissa POST – Odisha’s No.1 English Daily
Tags: EconomyFinanceIndiaNirmala SitharamanUnion BudgetUnion Budget 2026-27
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019

Archives

Editorial

Gunman & Trump

trump
April 29, 2026

Americans must have heaved a sigh of relief that a man rushing with a gun and firing shots at the...

Read moreDetails

Tehran & Moscow

Vladimir Putin and Abbas Araghchi
April 28, 2026

Iran has made an intelligent move to send its Foreign Minister Abbas Araghchi to meet Russian President Vladimir Putin. The...

Read moreDetails

Economic Shocks

Indian Economy
April 27, 2026

The latest projections by the International Monetary Fund (IMF) offer a sobering snapshot of India’s economic trajectory. As per IMF...

Read moreDetails

Exclusion Doctrine

Rights & Restrictions: AAKAR PATEL
April 26, 2026

Aakar Patel A story under this headline was reported this month: ‘No Muslim name finds place in BJP’s Bengal list’....

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST