00:00For the labour-intensive textile sector, I propose an integrated programme with five sub-parts.
00:09One, the national fibre scheme for self-reliance in natural fibres such as silk, wool and jute, man-made fibres and new age fibres.
00:21One, the textile expansion and employment scheme to modernise traditional clusters with capital support for machinery, technology upgradation and common testing and certification centres.
00:36Three, the national handloom and handicraft programme to integrate and strengthen existing schemes and ensure targeted support for weavers and artisans.
00:51TexEco initiative to promote globally competitive and sustainable textiles and apparels.
00:59Samarth 2.0 to modernise and upgrade the textile skilling ecosystem through collaboration with industry and academic institutions.
01:10Further, I propose to set up Megar textile parks in challenge mode.
01:23They can also focus on bringing value addition to technical textiles.
01:30I propose to launch the Mahatma Gandhi Gram Swaraj initiative to strengthen kadi, handloom and handicrafts.
01:40This will help in global market linkage and branding.
01:47It will streamline and support training, skilling, quality of process and production.
01:53This will benefit our weavers, village industries, one district, one product, ODOP initiative and also our rural youth.
02:02I propose setting up a High Level Committee on Banking for Vikasit Bharat to comprehensively review the sector and align it with India's next phase of growth.
02:21While safeguarding financial stability, inclusion and consumer protection.
02:29The vision for NBFCs for Vikasit Bharat has been outlined with clear targets for credit disbursement and technology adoption.
02:39In order to achieve scale and improve efficiency in the public sector NBFCs, as a first step, it is proposed to restructure the Power Finance Corporation and Rural Electrification Corporation.
