The Union Ministries of Power and Textiles have jointly launched an initiative ‘SAATHI’ (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries).
Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the Union Ministry of Power, will acquire energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium powerloom units.
Important Takeaways from Above News for IBPS PO Exam-
- Smt. Smriti Zubin Irani is the Cabinet Minister of Textiles of India.
Source- Press Information Bureau (PIB)