Power Tex India Government Scheme in Hindi, Benefits 2017 Details

By | April 15, 2017

Power Tex India Government Scheme in Hindi, Benefits 2017 Details. Upcoming Power Tex India scheme : Benefits of the scheme for the various sectors : components of Power Tex India scheme.

The government of India has took a major step to make up the best usage of solar energy in India. The upcoming scheme of the government will help up in boosting up the power loom sectors across the country, as well. The motive of the government is to develop the power loom sector and then spread it across the world. The Ministry of textile launched this scheme for all the power looms centers in India. The scheme is mainly launched in Bhiwandi, Maharashtra and is also for the Erode in Tamil Nadu. Both these states has power loom centers and the scheme will be very beneficial for these states. Not only these 2 states but the scheme will be applicable for all the power loom centers across India.

Power Tex India Government Scheme

Now days the power loom sectors are facing various challenges due to the poor and sluggish global and domestic market terms and conditions. No doubt the capacity has been increased in previous 7 years but the production of Fabric has only increased by 2.4 per cent in these last 7 years. So the upcoming Power Tex India scheme will be very much beneficial for the power loom sector and it will improve the competitiveness of power loom sector in the global markets. The supply and the quality of the Fabric will also be improved and will benefit in competitive market either domestic or international.

पावर टेक्स इंडिया योजना भारत सरकार

The power loom sector will be benefited in various components, as mentioned below…

  • In – situ up – gradation of plains power looms
  • Yarn Bank scheme
  • Pradhan Mantri Credit Scheme for the power looms weavers
  • Solar Energy scheme
  • Group Workshed Scheme (GWS)
  • Common Facility Center (CFC)
  • Facilitation, IT, awareness, market development
  • Publicity of Power Looms schemes
  • Tax Venture Capital Fund
  • Modernization and Upgradation of Power Looms service centers (PSCs) and Grant – in – Aid

In – situ up – gradation is a component with an objective to benefit the economical weaker low – end power loom units. The government will provide them a financial assistance so that they can upgrade their plain looms with the semi automatic/ shuttle less looms. By doing so the quality of the Fabric produced will be improved and this component will help those power looms which are having up to 8 looms.

Power Tex India Scheme 2017

The Yarn Bank Scheme is to provide an interest free corpus fund for special purpose vehicle (SPV). This will also help in purchasing the yarn at wholesale rate and can further sell it to small weavers at reasonable prices. The main aim of this component is to remove the middle man and brokerage charges on the sales of yarn.

Power Tex India Government Scheme Benefits

Whereas under the Pradhan Mantri Credit Scheme, a facility of loan will be provided to power loom unit / weavers which are decentralized. Moreover the financial assistance will also be provided to set up / installation of the solar plants. This will be done under the Solar Energy Scheme component of Power Tex India scheme. The solar energy will would be under 2 schemes i.e. On Grid Solar photo-voltaic plant and Off Grid photo-voltaic plant. These 2 components will help in increasing the production level and the quality. A subsidy from 50 % to 90% will also be given on planting the off grid solar plants.

Nai Udaan Scholarship Scheme

So we can say it is a great step taken by the government of India, as they are emphasizing on the use of solar energy in the power loom units.

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