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The National Fiber Policy Will Become Part Of India'S Twelfth Five Year Plan.

2011/12/2 10:46:00 22

India's inclusive national fiber

policy

The aim is to ensure the sustainability and development of the chemical fiber industry by ending the differences between several fiber tax and pricing institutions in India. Now, the fiber policy has been incorporated into the Twelfth Five Year Plan of India (2012 to 17), textile minister Rita meon said.


During the break time of the conference on promoting technical textiles, she revealed that the policy recommendations were submitted to the cabinet from 2010, and they now propose to

fibre

The policy was included in the Twelfth Five Year Plan document. The planning committee accepted the proposal and will make the recommendations a key consideration.


The fiber policy was not announced in 2010, because many related departments suggested that in the future fiscal year

tax rate

The problem of turbulence.

Ms. meinon added that because of the strong position of India on the world fiber map, the government has drawn up a draft policy of 2010-2020 or ten years.


The purpose of the draft policy is to strengthen the existing framework and expand institutional and technical assistance to speed up the development of the national fiber industry.


MS meon further said that due to interest rate fluctuations, they looked forward to revitalizing the processing industry, finishing industry, weaving and clothing industry, and the spinning industry to a certain extent through the twelfth five year plan.


In addition, while stressing the need to sell more handloom products and crafts in the domestic retail industry, she said that handcrafts masters must upgrade themselves to micro entrepreneurs.

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