CCEA Approved Continuation of Powerloom Cluster Development Scheme
The Cabinet Committee on Economic Affairs on 20 September 2013 approved the proposal for continuation of Comprehensive Powerloom Cluster Development scheme.
The Cabinet Committee on Economic Affairs (CCEA) on 20 September 2013 approved the proposal for continuation of Comprehensive Powerloom Cluster Development scheme in the 12th Plan period to promote the textiles sector. The scheme with an outlay of 110 crore rupees will be implemented through a Public Private Partnership mode.
Objective of the scheme
The scheme is aimed at creating a world class infrastructure to assist entrepreneurs to set up their units with modern infrastructure, latest technology and adequate training and human resource development inputs along with appropriate market linkages.
About the Comprehensive Powerloom Cluster Development Scheme (CPCDS)
The Government of India in November 2008 launched the Comprehensive Powerloom Cluster Development Scheme (CPCDS) for development of Powerloom Mega Clusters at Bhiwandi (Maharashtra) and Erode (Tamil Nadu) as a Central Sector Plan Scheme during the 11th Five Year Plan.
The scheme started, with a budget provision of 70 crore rupees for each cluster to assist the entrepreneurs to set up world-class units with modern infrastructure and latest technology.
Government of India further announced development of two more Powerloom Mega Clusters at Bhilwara (Rajasthan) in 2009-10 and at Ichalkaranji (Maharashtra) in 2012-13.