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Powerloom Sector Schemes (Ministry of Textiles)
Components :
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Comprehensive st Scheme for Powerloom Sector Development
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In-situ Upgradation of Plain Powerlooms
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Group Workshed Scheme (GWS) & Yarn Bank Scheme
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Pradhan Mantri Credit Scheme for Powerloom Weavers
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Solar Energy Scheme for Powerlooms
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Facilitation, IT, Awareness, Market Development and Publicity for Powerloom Schemes
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Tex Venture Capital Fund
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Grant-in-Aid and Modernisation & Upgradation of Powerloom Service Centres (PSCs)
Objectives :
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To provide financial assistance to economically weaker low-end powerloom units, for upgrading existing plain looms to semi-automatic/shuttleless looms by way of fixing certain additional attachments/kits.
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To improve quality and productivity of the fabrics being produced and enable them to face the competition in domestic and international markets.
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