Related Keywords: constituted a committee, Fadnavis government, formulate a new textile policy, grim situation both on revenue and employment fronts, huge mismatch between the projected targets of revenue and employment, launched during the previous Congress-NCP regime, Maharashtra textile department, Maharashtra textile policy, presented in winter Assembly
The midterm assessment of Maharashtra Textile Policy 2011-17 launched during the previous Congress-NCP regime revealed a grim situation both on revenue and employment fronts. The policy had stipulated generation of 11 lakh jobs and investment worth Rs40,000 crore in five years. The aim was to utilise 45 lakh surplus cotton bales produced in the state.