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HomeNewsTelangana seeks funds from Centre for handlooms, textiles

Telangana seeks funds from Centre for handlooms, textiles

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Hyderabad, Dec 24 : Telangana’s Industry Minister K.T. Rama Rao has urged the Centre to allocate funds in the Union Budget 2021-22 for development of handlooms and textiles in the state.
In a letter to Union Textiles Minister Smriti Z. Irani, he sought funds for the development of the Kakatiya Mega Textile Park, and sanction of a mega powerloom cluster at Sircilla as well as certain proposals for the development of handlooms and textiles.
He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. “KMTP is being developed at a total estimated project cost of Rs 1,552 crore of which the core infrastructure works would cost approximately Rs 1,094 crore. We have aligned our project activities such that major external and internal infrastructure works at KMTP can be taken up immediately upon receipt of the proposed financial support under the Mega Textile Park scheme,” he said.
“Under the proposed scheme, we understand that a total of Rs 500 crore capital support is available for a Mega Textile Park. We request that approximately Rs 300 crore of this amount be released at the earliest to kick start major external infrastructure works urgently needed at the park,” wrote KTR, as the minister is popularly known.
Noting that there are 35,588 power looms in Telangana, the minister said 25,495 of them are in Sircilla district alone.
“Taking into account of existing power looms, the Sircilla district stands best suitable to establish Mega Powerloom Cluster under Comprehensive Powerloom Cluster Development Scheme (CPCDS) and submission of a proposal to Govt of India for sanction and developing Mega Powerloom Cluster therein, such as Ichalkaranji (Maharashtra, Surat (Gujarat) Karanpura & Solar, etc, which were already sanctioned as Mega Powerloom Clusters during 12th Five Year Plan during 2017-18 to 2019-20,” he said.

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