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Maharashtra govt. To strengthen cotton, silk and wool sectors, and promote non - conventional yarn and green textile. The policy aims at attracting an investment of INR 36,000 crore. S 105 0 obj <>/Filter/FlateDecode/ID[<3442171CB161C34A816D8B7904B4F5A3>]/Index[91 29]/Info 90 0 R/Length 75/Prev 349943/Root 92 0 R/Size 120/Type/XRef/W[1 2 1]>>stream Maharashtra Retail Trade Policy 2016. The committee will be responsible for formulating the criteria Note: New/ Expansion /Diversification / modernization projects undertaken during the Textile Policy 2011-17 will be continued with modifications in the Textile Policy 2018-23. H��VMk�@��t\A�- ��rPj7r��E����nR��������y�歚O�gW���G�b%郕�L����T�*��%c�?rhc@b��X��. h�ĖYo�@���J����%)� �D[��������ȱ#ۅ�_����-�� Maharashtra State Co-operative Textile Federation Ltd. Maharashtra State Co-operative Textile Federation Ltd. is an Apex organisation of all the co-operative textile units in the state of Maharashtra providing techno-commercial services to its members. It is the first time, Textile Department is looking at strengthening the finances of the textile sector by creating a “Textile Development Fund” which would provide better infrastructure and development of the sector. Old Policy Applicable: loan - taken before 14.02.2018 - for machinery only . There is an array of components that are included in the textile policy for 2018-23 which are complemented by new textile schemes that are proposed for the same period. State Cooperative, Marketing and Textile Minister Subhash Deshmukh said according to the changes, the order for the purchase of machinery has been given the option of taking longterm loan sanctioned or self-financed projects in the textile Policy 2011-17 or in the Textile Policy 2018-23. Now all the textile units in the state can register online at the official website of Directorate of Textiles. “In the new Textile policy 2018-23, approved in February, the department has decided to give power subsidy of Rs 3 per unit to cooperative spinning mills for three years. Sources in the government said some of the major aspects of the policy include reducing the power tariffs and increasing capital subsidy to 45 per cent for spinning mills. endstream endobj 92 0 obj <> endobj 93 0 obj <>/MediaBox[0 0 612 792]/Parent 89 0 R/Resources<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/Tabs/S/Type/Page>> endobj 94 0 obj <>stream In order to promote balanced industrial development, promote sustainable economic growth and encourage setting up of new industrial units and thereby create substantial employment opportunities in the State, the Government of Maharashtra has issued the new ‘Industrial Policy – 2013’ vide GR No. 129. Maharashtra Retail Trade Policy 2016. According to state government sources, the policy majorly envisaged reduction of power tariffs and increase of capital subsidy to 45 per cent of spinning mills. Telangana is also offering well trained manpower and an attractive package of incentives under the present Telangana Textile and Apparel Policy (T-TAP). Emblem of the former Bombay State Government banner [ edit ] The Government of Maharashtra can be represented by a banner displaying the emblem of the state on a white field. e��ьCek������yŅ���9�Dbx%^��H�o���������0 J�9)�S4�xP(��K/��ؾ���Q��2x�܇)���Pa��StF�tZ�1�{�۴\۪��Z9�C\V�r�*�=v� �p�"��6m��#WR���y. The new textile policy of Maharashtra was unveiled by Honourable Chief Minister Shri Devendra Fadnavis recently. Policy & Regulation. Maharashtra Textile Policy 2018-23 1) Who is eligible: Projects for which the long term loan has been approved for machinery under the centrally sponsored TUFS scheme from 17th Feb 2018 till 31st March 2023 ... scheme or machinery approved by the State Government. The focus is to bridge the gap in the value chain by increasing spinning mills and also help in establishment of effluent treatment plant by providing additional capital subsidy. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business. ���p0�E�yS5����>��qǥ�`m��3z�qQ*tn��f����ȿR�z�H���;SB��pm�:�\����XEa��a5����=ebt�Ns���W Maharashtra govt. Introduction: Maharashtra State, covering the western and central parts of the country, is blessed with a 720km long coastal line of the Arabian Sea. The policy is a new wave in textile sector of Maharashtra, which aims to create over 10 lakh jobs in the next five years and double the farmers’ income by the year 2023. To create an efficient internal trade opportunity by promoting world-class logistics & warehouse chain. Maharashtra Textile Policy 2018 - 23 Validated on 3rd Oct 2019. This would enable the textile units to avail the benefits of New State Textile Promotion Policy 2018-23. We have also given subsidy to other textile projects. "Maharashtra's textile industry policy for year 2018-23 has been announced considering the importance of textile industry. The Sahyadri range of the … Ministry of Textiles, Government of India, was established for the formulation of policy, planning, development, export promotion and regulation of the textile industry in India. In view of the above, the State Textile policy 2018-23 is designed to generate employment in the State through processing of cotton, silk, wool, non-conventional yarn and man-made fiber. Maha State Textile Policy 2018 -23 Promising Investment across Textile/Apparel Value Chain By Sanjay Arora, Business Director and Disha Acharya, Consultants, Wazir Advisors Maharashtra Government recently announced its new State Textile Policy 2018 – 23, an attractive incentive package for strengthening the State’s textile and apparel value chain. India : Maharashtra cabinet approves textile policy for 2018-23 - Textile News India The Maharashtra cabinet has approved a new textile policy for 2018-2023 to … Maharashtra Govt Approves Changes in Textile Policy. 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