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

Stock market outlook

Stock markets to track geopolitical developments, oil prices, earnings this week: Analysts

7 hours ago
maruti suzuki car automobile stockyard

Domestic PV dispatches cross 5-lakh units mark in October on strong festive demand

7 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

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019

Archives

Editorial

The Secular Facade

AAKAR PATEL - The AI Race
November 1, 2026

By Aakar Patel My thesis is that the Indian state under Hindutva is incompletely communal. I have written about this...

Read moreDetails

The Extension Culture

Dilip Cherian
October 31, 2026

By Dilip Cherian The litany of extensions continues. The latest is Defence Secretary Rajesh Kumar Singh, whose tenure the Modi...

Read moreDetails

Youth Power

Youth Power
October 28, 2026

The angry young generation is rising in protest in India, France, Spain, Italy, Germany, Poland and Serbia, to name a...

Read moreDetails

Left In Brazil

Luiz Inacio Lula da Silva
October 27, 2026

Brazil has come as a surprise at a time when extreme Right parties in Europe, Latin America and elsewhere, helped...

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