Centre Must Allot Rs 900 Crore to Telangana in Union Budget for Textiles Park, Handloom Infra, Says KTR

Centre Must Allot Rs 900 Crore to Telangana in Union Budget for Textiles Park, Handloom Infra, Says KTR

edited by: Oindrila Mukherjee

Last Update: December 30, 2022, 00:34 IST

Telangana minister KT Rama Rao alleged that several appeals made by the state government to strengthen the handloom and textile sector were not considered by the Centre.  (Image: News18/File)

Telangana minister KT Rama Rao alleged that several appeals made by the state government to strengthen the handloom and textile sector were not considered by the Centre. (Image: News18/File)

The minister said that recognizing the importance of infrastructure for rapid growth of the handloom sector, the Telangana government is setting up the Kakatiya Mega Textiles Park at Warangal.

Ahead of the Union Budget 2023-24, Telangana IT, Handlooms and Textiles Minister KT Rama Rao urged the central government to allocate adequate funds to strengthen the handloom sector in the state. He said that this is the last full budget of the present government, after which there will be a vote on the accounts budget.

“At least Rs 900 crore should be allocated in the upcoming budget towards infrastructure for Kakatiya Mega Textiles Park and other programmes,” he added. Cluster and Rs 100 crore should be allocated.

KT Rama Rao alleged that several appeals by the state government to strengthen the sector were not considered favorably by the Centre. He said that recognizing the importance of infrastructure for rapid growth of handloom sector, the State Government is setting up Kakatiya Mega Textiles Park at Warangal.

The minister further said that the largest textile park in the country is India Attracting investments from national and international companies. He said the Center has the option of providing financial assistance under various schemes to the park, which is being set up with Rs 1,600 crore.

Listing out the ‘Shramik to Malik’ scheme and other programs launched by the state government, KTR said strengthening of the value chain, modernization of power looms in Sircilla, market reforms, skill development, capacity building, project 990 crore took more than Rs. Surveillance.

The minister said that there are more than 40,000 handloom weavers in different parts of Telangana, most of them in Yadadri Bhuvanagiri, Gadwal, Warangal, Rajanna Sircilla, Karimnagar. He urged the Center to give grants to the Handloom Institute of India technology To the state

Rao also urged for the announcement of National Textiles Research Institute, Handloom Export Promotion Council in this budget and grants to block level handloom clusters under the National Handloom Development Project. He made a special appeal to abolish GST on handloom products to save the weavers who are facing financial crisis.

He also appealed to the Center to revive the Handloom, Powerloom and Handicrafts Boards, which were disbanded, to restart insurance and savings schemes for weavers, and to increase the yarn subsidy at par with the state government’s 50 per cent. For.

Explaining the dire state of the sector in India, Rao said that India is lagging behind smaller countries like Bangladesh and Sri Lanka in the textile sector as the Center has not provided adequate infrastructure.

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