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Govt to revive AFT and other 2 mills using PPP model

Related Keywords: AFT mill, Chief Minister V Narayanasamy, Government keen on taking steps, PIPDIC, PPP mode, rehabilitate Anglo French Textiles, Swadeshi and Bharathi, through the Public Private Partnership, two other textile mills

The Government is keen on taking steps to rehabilitate Anglo French Textiles (AFT) mill and two other textile mills Swadeshi and Bharathi in Puducherry through the Public Private Partnership (PPP) mode, said Chief Minister V. Narayanasamy.

A committee headed by a retired IAS officer and those in the textile industry had been constituted to go into the proposal.

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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