Cabinet Approves “Scheme for Capacity Building in Textiles Sector”

The Cabinet Committee on Economic Affairs has given its approval for a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector, titled “Scheme for Capacity Building in Textile Sector (SCBTS)” from 2017-18 to 2019-20 with an outlay of Rs. 1300 crore.

The scheme will have National Skill Qualification Framework (NSQF) compliant training courses.
The objectives of the scheme are to provide demand-driven, placement oriented skilling program to incentivize the efforts of the industry in creating jobs in the organized textile and related sectors.
Static/Current Takeaways Important for RBI Assistant Mains 2017 Exam-
  • Present Textile Minister of India- Smriti Zubin Irani.
Source- DD News