The Cabinet Committee on Economic Affairs on 30 October 2013 approved the launch of the new Integrated Processing Development Scheme (IPDS) during the 12th five year plan with an investment of 500 crore rupees. The IPDS was approved for establishment of four to six brown field projects and three to five green field projects that addresses the environmental issues that is faced by the Textile Processing Units.
The projects are eligible under the scheme that cover following things:
• Common Effluent Treatment Plant (CETP)
• Captive power generation on technology preferably renewable/green technology
• Infrastructure such as storm water management, necessary roads and pipelines for water & wastewater
• Facility for testing and R&D centers
The scheme would make possible for the textiles industry to become the globally competitive by using the processing standards and technology, which are environment friendly and by creating the new processing parks. It will also help in upgradation of the processing clusters/centers in existence, specifically in the areas of the water and waste water management. The scheme will also encourage the research and development work in the textiles processing sector.
When: 30 October 2013