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✦Reported by Livemint

Govt plans ₹25,000-crore skilling push to sharpen textile export edge

Govt plans ₹25,000-crore skilling push to sharpen textile export edge
Source: Livemint

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The government plans a ₹25,000-crore skilling push to boost textile exports.
  • ✓The Samarth 2.0 scheme aims to train workers for modern industry needs.
  • ✓Raja Shanmugam said, “Closer collaboration between exporters and training institutions will be essential to ensure that workers acquire skills that factories actually need.” India targets $100 billion exports.

Story at a Glance

Category
BUSINESS
Reported By
Livemint
Reading Speed
5 Minute(s)
Market Focus
India Economy

The textiles ministry’s proposal has been examined by the Expenditure Finance Committee, an inter-ministerial body that appraises government schemes, and could soon be placed before the Cabinet for final approval, said the people cited earlier, who spoke on condition of anonymity.

The development assumes significance as the textiles and garment sector is the largest employer in the country after agriculture, providing jobs to 45 million people and supporting the livelihood of more than 100 million, most of them women and rural workers.

The Samarth 2.0, announced in the budget for 2026–27, aims to modernize the existing skilling framework through closer collaboration between industry and academic institutions, with a focus on preparing workers for the changing technology and industry requirements.

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Govt plans ₹25,000-crore skilling push to sharpen textile export edge | ArthNow