SME Times News Bureau | 19 Mar, 2018
Minister
of State for Textiles Ajay Tamta on Monday said that the silk sector
has witnessed steady growth in recent years.
The
estimated cumulative annual growth rate of Silk sector is 6.40% based
on the progress of silk sector during the last five years, the
minister said in a written reply in the Rajya Sabha.
He
said, the estimated cumulative annual growth rate of Silk sector is
6.40% based on the progress of silk sector during the last five
years.
Tamta
said, the Government of India has approved a project-based strategy
for the North East Region under an umbrella scheme North East Region
Textile Promotion Scheme (NERTPS)to boost the Silk sector in the
region.
Under
the scheme, among various projects of Textile sector, sericulture
projects have been approved under two broad categories - Integrated
Sericulture Development Project (ISDP) and Intensive Bivoltine
Sericulture Development Project (IBSDP).
The
MoS Textiles informed that these two projects aim at holistic
development of sericulture in all its spheres from plantation
development to production of fabrics with value addition at every
stage of production chain.
These
projects are intended to establish sericulture as viable commercial
activity by creating necessary infrastructure and imparting skills to
the locals for silkworm rearing and allied activities in silk
production value chain.
He
said, 24 sericulture projects have been approved covering Mulberry,
Eri and Muga sectors in all States of the region at the total cost of
Rs.819.19 crore with Government of India share of Rs.690.01 crore for
implementation from 2014-15 to 2018-19.
The
Minister further said that the projects are expected to contribute
additional production of 2285 MT raw silk during the project period
and 1100 MT silk per annum involving 46094 families, which will
generate employment to about 2.30 lakh persons.
Till
February 2018 the Government of India has released Rs.549.38 crore to
North East States, against its share of Rs.690.01 crore.
Balance amount of Rs.140.63 crore is earmarked for the remaining
period of 2017-18 and 2018-19.