Related Keywords: announced proposal, boost to textile sector in the state, Indian Textiles Minister, Investor’s summit, jointly set up a yarn depot, Smriti Irani, Uttar Pradesh government
Indian textiles minister Smriti Irani at the investor’s summit that concluded in state capital Lucknow on February 22, announced a proposal to jointly set up a yarn depot with the Uttar Pradesh (UP) government to give a further boost to the textile sector in the state, which garnered proposals worth Rs 7,000 crore.
The proposal to set up yarn depot in UP is through which weavers can directly purchase yarn at subsidised rates, as subsidies hardly reached weavers, a top Indian newspaper quoted the minister as telling the summit.
