Govt sanctions 6500 cr Mudra loan to Textile MSMEs: Smriti Irani

Govt sanctions 6500 cr Mudra loan to Textile MSMEs: Smriti Irani

Agency News

New Delhi, Feb 13 : The Government has sanctioned Rs 6,500 crore Mudra loan to the textile sector MSMEs, Union Textile Minister Smriti Zubin Irani said on Wednesday.

She said during the outreach programme, the Government has ensured that the relevant information related to the Central Government schemes reaches beneficiaries. Speaking on the national conclave on Creating Synergy for MSMEs in Textiles Sector, Ms Irani said 2.6 lakh weavers and craft persons were brought under the social security network during the 100 days outreach programme.

The Pradhan Mantri Shram Yogi Mandhan Yojana is providing pension of Rs 3000 a month to people working in unorganized sector on payment of small premium, she added.

Speaking on the occasion, Minister of Social Justice and Empowerment Thawar Chand Gehlot said 70 per cent of people working in MSMEs of Textile Ministry belong to SC/ST and OBC categories and urged the weavers and handicraft persons to avail the benefit of the schemes of his ministry. He said during the past 4 years of NDA Government availability of raw materials to entrepreneurs has increased and exports also went up during the period.

On the occasion, the Ministry also honoured 12 weavers and artisans from different parts of the country for their outstanding work in handloom and handicrafts sector. An exhibition showcasing achievements of the textiles sector MSMEs was also held.

A booklet on Ease of Doing business was also released. The booklet is available in ten languages – Hindi, Manipuri, Assamese, Bengali, Odia, Gujarati, Marathi, Tamil, Telugu and Kannada. Fifteen MoUs were signed to facilitate foreign trade of textiles and handicrafts items. A short film on outreach support programme was also screened. (UNI)