Thursday, September 24, 2020


Govt. announced special package for Employment Generation

New Delhi: The Government has announced a special package of reforms for generation of around 1.11 crore jobs in apparel…

By gta_admin , in National News , at February 3, 2017 Tags: ,

New Delhi: The Government has announced a special package of reforms for generation of around 1.11 crore jobs in apparel and made-ups sectors, and for a cumulative increase of US$ 32.8 billion in exports and investment of Rs. 80,630 crores over next 3 years. The package includes a slew of measures which are labour-friendly and would promote employment generation, economies of scale and boost exports. Moreover, the Government is providing additional production-linked incentive of 10% under the Amended Technology Upgradation Scheme (ATUFS), for promoting employment in garmenting segment. Furthermore, the Government has designed Pradhan MantriParidhanRojgarProtsahanYojana (PMPRPY) to incentivize employers in the apparel sector for generation of new employment. Under the PMPRPY, government provides additional 3.67% of the employer’s contribution, in addition to Government bearing 8.33% of employer contribution of Provident Fund (EPF). The special package has been extended to made-ups sector to provide additional impetus to employment generation. Apart from the above, the government has been implementing the Amended Technology Upgradation Scheme (ATUFS), the scheme for Integrated Textile Parks (SITP), the Integrated Skill Development Scheme (ISDS), the North Eastern Region Textile Promotion Scheme (NERTPS), etc., with a view to enhancing the growth of the textile sector and for increasing employment in the sector.

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