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Related Keywords: AEPC, aimed at improving competitiveness, announced by the government, approval by the cabinet, Employee Unique Identification Number, generating higher number of jobs, improving production, labour reforms, Special textile package, textile exports, yet to take off in terms of creating jobs

The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher number of jobs through a string of labour reforms is yet to take off in terms of significantly creating jobs and improving production.

The apparel manufacturing, specific sub-sector within textiles targeted by the package, show that any significant rise in hiring is yet to happen under the new norms.

Related Keywords: achieve USD three hundred billion textiles exports, address adequate skilled work force, approval from Cabinet, attract investments, create thirty five million jobs, labour reforms, New national textile policy, road map, textile sector, Textile and Clothing industry, Textile Ministry, Union Minister Santosh Gangwar

Textiles Ministry to seek approval for the new national textile policy from Cabinet for which they will be approaching the Cabinet in 10-15 days, said Union Minister Santosh Gangwar today.

The new policy aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35 million jobs.

The policy also aims to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry.