How Government Is Helping The Garment Industry Through Its Policies

One of the largest industries in the world which are developing at a rapid pace is the garment or textile industry in India. Numerous schemes and policies have been formulated by the Ministry of Indian Textile. All these solely aim at developing the textile sector. Listed below are few of them.

National Textile Policy

The objective for which the National Textile Policy was formulated are stated below,

  • To nurture and sustain the position of this sector in the global market as the leading exporter and manufacturer of clothing.
  • Maintain its position in the domestic market and minimise import penetration.
  • All stringent controls are been relaxed to encourage competitive spirit within the garment industry of Bengal.
  • Foreign investment, development, and research in this sector are encouraged.
  • Attention is paid to upgrade and diversify the production with a focus on the environment as well.
  • Develop a multi-fibre base comprising of skilled weavers and craftsmen.

Target Of The Garment Industry

The National Textile Policy has created few rules related to some specific sectors. Few of the agenda are related to productivity and availability of high-quality raw materials. Extra care is taken to restrain the varying price of the raw materials. Efforts are also taken to raise the standard of silk in the international market. Few of the goals the National Textile Policy target to meet are as follows.

  • Implement the Technology Upgradation Fund Scheme in a strict manner.
  • Remove this industry from the list comprising of small scale industry sector.
  • Boost and encourage the handloom sector to enter the foreign ventures and compete globally.

Efforts Taken By The Government

The complete focus of the Government of India is to promote and intensify the garment industry. To achieve this target, numerous efforts are been taken by the government. Few of these are stated below,

  • Bring the manufacturing sector of this industry under the Technology Upgradation Fund Scheme (TUFS)
  • Enhance the productivity and quality of cotton to maintain its international standards.
  • Encourage private sectors to set up a world-class industry consisting of numerous textile processing units.
  • Promote private organisations to supply monetary support for this industry.
  • Inspire the handloom industry to produce more value-added items.

Mission Of The Industry

  • Provide people of India with their basic needs and sustain its growth to improve their quality of life.
  • Make it a self-reliant industry by making it capable of producing its own raw materials and deliver finished products.
  • Create employment opportunities in various sectors especially for the deprived class and women.
  • Understand and follow the Textile Policy of 1985 that enhanced the annual growth rate of garment production drastically.
  • Not only analyse the issues faced by the sector but also solve it by abiding the guidelines set up by the expert committee.

Through all the efforts, missions, objectives, and targets set by the Government of India, their principal focus is always on promoting and maintaining the position of the Garment Industry in the international market.