SME Times is powered by   
Search News
Just in:   • Bird flu tightens grip on California as human cases rise  • Railways completes trial run on J&K's cable-stayed Anji Khad Bridge  • FTA with Philippines set to bolster South Korea's trade portfolio: Trade Minister  • Micro insurance premium in life segment crosses Rs 10,000 crore in India  • Centre releases Rs 1,069 crore for rural local bodies in Rajasthan, Odisha 
Last updated: 21 Dec, 2017  

handicraftTHUMB.jpg Govt approves new skill development scheme for textile sector

apparel-industry.jpg
   Top Stories
» Micro insurance premium in life segment crosses Rs 10,000 crore in India
» Arunish Chawla is new Revenue Secretary, Vineet Joshi shifted from Manipur to Centre
» 18.89 mn international tourist arrivals in 2023, forex earnings cross Rs 2.31 lakh cr: Centre
» EPFO adds 13.41 lakh net members as employment rises
» Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs
SME Times News Bureau | 21 Dec, 2017
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector, titled "Scheme for Capacity Building in Textile Sector (SCBTS)" from 2017-18 to 2019-20 with an outlay of Rs. 1300 crore.

The scheme will have National Skill Qualification Framework (NSQF) compliant training courses with funding norms as per the Common Norms notified by Ministry of Skill Development and Entrepreneurship (MSDE).

The objectives of the scheme are to provide demand driven, placement oriented skilling programme to incentivize the efforts of the industry in creating jobs in the organized textile and related sectors; to promote skilling and skill up-gradation in the traditional sectors through respective Sectoral Divisions/organizations of Ministry of Textiles; and to provide livelihood to all sections of the society across the country.

"...to promote skilling and skill up-gradation in the traditional sectors through respective sectoral divisions/organisations of Ministry of Textiles; and to provide livelihood to all sections of the society across the country," said the statement.

The skilling programmes would be implemented through textile industry/units, reputed training institutions relevant to textile sector, and institutions of Ministry of Textiles/state governments, it said, adding that 10 lakh people are expected to be skilled and certified in various segments of textile sector through the scheme, including about one lakh in traditional sectors.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter