Centre ready with subsidy plans for textile projects: Maran

“Moreover,it (the industry) had become a helping hand to the jobless diamond industry workers. Many of the people associated with the meltdown-hit diamond industry got jobs in textile factories and even the embroidery units,” he said.

He said his ministry was working on making a national fibre policy and it would be completed in the next three months. Maran further announced to set up 40 textile parks in the

country under the public-private partnership model,out of

which,seven would be in

Gujarat (five in Surat).

“The Central government will give a 40 per cent subsidy in terms of infrastructure. Many villagers would be benefited by the jobs available at their doorsteps. The Centre is also ready with subsidy plans for many more textile projects,” he added.

South Gujarat Chamber of Commerce and Industry (SGCCI) president Nilesh Mandlewala said the capital investment subsidy on TFOs machines should be increased from 15 per cent to 20 per cent. “The SEZ setup in Surat should be denotified and given permission to sell its materials in domestic market,” he added.

GETP,built on the PPP model at a cost of Rs 129 crore,is spread over an area of 104 acre.