The committee’s report was tabled in parliament recently. The government announced the MITRA scheme aiming to attract a large investment of ₹10,000 crores and the generation of 1,50,000 jobs in the sector to boost domestic manufacturing and create world-class infrastructure.
Expressing concern that during 2020-21, only ₹24 crores could be disbursed as MUDRA (Micro Units Development and Refinance Agency) loan to 4,278 sanctioned loans, the panel said the matter should be taken up at the appropriate level so that appreciable disbursements are made under the scheme for the benefit of handloom weavers.
The report also said the textiles ministry should make the census process of handloom weavers more robust and foolproof to ensure genuine identification of weavers and actual dissemination of resources to them.
Such low offtake of the MUDRA loans has been attributed to the COVID-19 pandemic, it said, adding the ministry has deposed that setting a target for banks will definitely help improve the disbursements under the MUDRA loan scheme.
It also said the ministry should earmark a part of the Budget allocated under the Amended Technology Upgradation Fund Scheme (ATUFS) for research development on up-gradation/modernization of the textile industry so that the import of high-quality machinery can be decreased gradually, according to a news agency report.
Further, it said anti-dumping duty, inverted duty structure, differential tariff rates, high labor and power cost, and inadequate logistic arrangements are ‘seriously’ impeding the domestic textile and apparel industry to compete with international counterparts.Source: https://www.fibre2fashion.com/news/apparel-news/indian-parliament-panel-calls-for-urgent-measures-to-set-up-7-mitras-273077-newsdetails.htm