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Govt to support textiles industry meet environmental standards

Related Keywords: adopting modern technology, conventional treatment system, five hundred crore, government of India has earmarked, implement IPDS, pattern of funding scheme, PPP mode, SPV, Textile Industry, to meet required environmental standard, zero liquid discharge

The government of India, under the 12th five year plan has earmarked sum of Rs500 crore for the textile industry to meet the required environmental standards by adopting modern technology, Lok Sabha was informed today.

The Ministry of Textiles, Government of India will be implementing an Integrated Processing Development Scheme (IPDS) in public private partnership (PPP) mode by Special Purpose Vehicle (SPV), which will be a corporate body registered under the Companies Act, Textiles minister Santosh Kumar Gangwar said responding to questions in the House.

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