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Related Keywords: after agriculture, boost to textile sector, Chief minister Yogi Adityanath, clusters of unit, facilitate private or government land, investors in the textile sector, offering a number of incentive, second largest employment provider, setting up units, textile complexes, textile sector, UP government is working on policy, Uttar Pradesh state

Textile sector is Uttar Pradesh state’s second-largest employment provider after agriculture, to give a boost to its textile sector the UP government is working on policy which will be offering a number of incentive to investors in the textile sector, said Chief Minister Yogi Adityanath.

According to the draft policy, the government will facilitate private or government land to investors for setting up their units. It will also give assistance in setting up textile complexes, clusters for units of small and medium sizes, as well as textile parks.

Related Keywords: attract FDIs and private investors, boost the textile industry, Chief minister Yogi Adityanath, draft for UP Textile, exempted from stamp duty, get approval for development, Handicrafts and Sericulture Policy, investor given tax and other sops, investors seeking to buy fifty and above acres of land, private textile parks, Uttar Pradesh state

Uttar Pradesh state gets approval for the development of private textile parks also the draft for the UP Textile, Handicrafts and Sericulture Policy 2017 has been approved by the state government led by chief minister Yogi Adityanath.

Their aim is to attract FDIs and private investors to boost the textile industry in Uttar Pradesh. Those who are willing to invest in this sector will be given tax and other sops.

The government has already made provisions for the same in its draft policy, said chief minister,