Month: April 2025

Source: Government of India

Threads of Progress

How Make in India is Shaping the Future of Textiles and Apparel Industry

Posted On: 01 APR 2025 7:46PM by PIB Delhi

Introduction

The Make in India initiative, launched in 2014, has played a crucial role in positioning India as a global textile manufacturing and export hub. The textile and apparel industry is one of the largest contributors to India’s economy, providing employment to millions and generating substantial foreign exchange earnings. With strong policy support, infrastructure development, and a skilled workforce, India has emerged as a preferred investment destination in the global textile sector.

 

Overview of India’s Textile Industry

The textile and apparel industry contributes 2.3% to our GDP, 13% to industrial production, and 12% to exports. India exported textile items worth US$ 34.4 billion in 2023-24, with apparel constituting 42% of the export basket, followed by raw materials/semi-finished materials at 34% and finished non-apparel goods at 30%. It is also the second largest employment generators, after agriculture, with over 45 million people employed directly, including many women and the rural population. As further evidence of the inclusive nature of this industry, nearly 80% of its capacity is spread across Micro, Small and Medium Enterprises (MSME) clusters in the country.

The sector also has perfect alignment with the Government’s overall objectives of Make in India, Skill India, Women’s Empowerment, Rural Youth Employment and inclusive growth. The industry produces about 22,000 million pieces of garments per year, with the market size projected to reach US$ 350 billion by 2030, from the current $174 billion.

Recently, the Ministry of Textiles reported a 7% increase in textile and apparel exports, including handicrafts, from April to December 2024, compared to the same period the previous year. In line with the growth roadmap, the Indian textile market currently ranks fifth globally, and the government is actively working to accelerate this growth to a rate of 15-20% over the next five years.

 

Impact of ‘Make in India’ on the Textile Industry

The Make in India initiative has catalyzed textile manufacturing and exports through key policy interventions, enhanced infrastructure, and incentives. In the Union Budget 2024-25, to promote domestic textile production, two more types of shuttle-less looms are added to fully exempted textile machinery by the government. The government has introduced multiple schemes to enhance textile production, boost investments, and promote exports, including:

1. Production Linked Incentive (PLI) Scheme for Textiles

• Objective: To increase manufacturing in man-made fibre (MMF) and technical textiles.
• Budget: ₹10,683 crore.
• Incentives: Financial incentives for large-scale textile manufacturers.

 

2. PM MITRA (Mega Integrated Textile Region and Apparel) Parks

• Objective: To develop world-class industrial infrastructure for textile manufacturing.
• Focus: On developing integrated large scale and modern industrial infrastructure facility for total value-chain of the textile industry like spinning, weaving, processing, garmenting, textile manufacturing, processing & textile machinery industry.
• Budget: ₹4,445 crore for a period 2021-22 to 2027-28.
• Key Benefits: Reduced logistics costs, increased FDI, and better competitiveness in global markets.
• Current Status: A total of 7 Parks established in states of Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Karnataka, Uttar Pradesh, and Telangana.

 

3. Amended Technology Upgradation Fund Scheme (ATUFS)

• Objective: To incentivise credit flow for benchmark credit linked technology upgradation in this MSME driven Textile Industry for supporting capital investment.
• Budget: ₹17,822 crore.
• Incentives: Capital subsidies for technology upgradation.

 

4. Samarth (Scheme for Capacity Building in Textile Sector)

• Objective: To provide skill training to workers in the textile industry, in partnership with the Ministry of Skill Development & Entrepreneurship.
• Budget Allocation: An amount of ₹115 crores was sanctioned during the FY 2023-24, out of which ₹114.99 crores (99.9%) were disbursed.
• Current Status: As of March 27, 2025, more than 4.78 lakh users have been registered on the Samarth portal. As on March 19, 2025, a total of 3.82 lakh beneficiaries have been trained (passed) and 2.97 lakh beneficiaries (77.74%) have been placed.

 

5. Textile Cluster Development Scheme (TCDS)

• Objective: To create an integrated workspace and linkages-based ecosystem for existing as well as potential textile units/clusters to make them operationally and financially viable.
• Benefits: Cluster development model of TCDS will bring benefits of critical mass for customization of interventions, economies of scale in operation, competitiveness in manufacturing, cost efficient, better access to technology and information, etc.
• Budget: ₹853 crore.
• Current Status: As of March 18, 2025, about 1.22 lakh employment opportunities have been generated under the scheme. During 2024-25, ₹34.48 crore have been released.

 

6. National Technical Textiles Mission (NTTM)

• Objective: To boost Technical Textiles in the country.
• Target Years: 2020-21 to 2025-26
• Budget: ₹1480 crore
• Focus: The Mission focuses on (i) research, innovation and development, (ii) promotion and market development (iii) education and skilling and (iv) export promotion in technical textiles to position country as global leader in technical textiles.
• Current Status: As on January 1, 2025, 168 projects of value ₹509 crores (approx.) have been approved in the category of Specialty fibres and Technical Textiles.

 

Union Budget Allocations for Ministry of Textiles

The Union Budget announced an outlay of ₹5272 crores for the Ministry of Textiles for 2025-26. This is an increase of 19% over budget estimates of 2024-25 (Rs. 4417.03 crore).

 

Key Highlights

• Cotton Mission: A five-year plan to improve cotton productivity, especially extra-long staple varieties, with science and technology support.
• Tax Exemptions on Looms: Duty removed on select shuttle-less looms to reduce costs and modernize weaving.
• Customs Duty on Knitted Fabrics: Increased from “10% or 20%” to “20% or ₹115 per kg, whichever is higher” to curb cheap imports.
• Handicraft Exports: Time for export extended from six months to one year, with more items eligible for duty-free input imports.
• MSME Boost: Focus on exports, credit enhancement, and policies like the National Manufacturing Mission, Export Promotion Mission, Bharat Trade Net, and Fund of Funds to promote employment and entrepreneurship.

 

These measures aim to boost domestic manufacturing, support MSMEs, modernize the textile sector, and enhance India’s global competitiveness.

 

Export Growth and Market Expansion

India is the 6th largest exporter of Textiles & Apparel in the world. The share of textile and apparel (T&A) including handicrafts in India’s total exports stands at a significant 8.21% in 2023-24. India has a share of 3.91% of the global trade in textiles and apparel. Major textile and apparel export destinations for India are USA and EU and with around 47% share in total textile and apparel exports.  The textile and apparel sector has witnessed significant export growth due to government incentives and trade agreements.

The government has taken several steps to enhance exports in textiles and apparels, including:

• Rebate of State and Central Taxes and Levies (RoSCTL): On 7th March 2019, Government approved Rebate of State and Central Taxes and Levies (RoSCTL) Scheme to rebate all embedded State and Central taxes/levies on export of Apparel/Garments and Made-ups to provide support and enhance competitiveness of these sectors.
• Production Linked Incentive (PLI) Scheme for Textiles: Under this scheme, as per the Quarterly Review Reports (QRRs) released on 31.03.2024, the turnover achieved was Rs. 1,355 crore including export of Rs.166 crore.
• Free Trade Agreements: India has so far signed 14 Free Trade Agreements (FTAs) including recently concluded agreement with United Arab Emirates (UAE), Australia and TEPA (Trade and Economic Partnership Agreement) with EFTA (European Free Trade Association) countries comprising Switzerland, Iceland, Norway & Liechtenstein. India has 6 Preferential Trade Agreements (PTAs) with various trading partners. India is presently engaged in FTA negotiations with some of its trading partners notable among these FTAs are India-UK Free Trade Agreement, India- EU Free Trade Agreement, and India-Oman FTA.
• Quality Control Orders: The Ministry has actively taken up notification of standards for textile products in co-ordination with Bureau of Indian Standards and Quality Control Orders (QCOs) are issued to regulate quality and curb sub-standard imports.
• Textile Advisory Group on Man-Made Fibre (MMF): The Ministry has constituted a “Textile Advisory Group on Man-made Fibre (MMF)” comprising stakeholders of the country’s entire Man-Made Fibre (MMF) including viscose to deliberate and make recommendations on the issues and concerns of the sector.
• Exports Promotion Councils (EPCs): There are eleven Exports Promotion Councils (EPCs) representing various segments of the textiles & apparel value chain from Fibre to finished goods as well as traditional sectors like handloom, handicrafts and carpets.  These Councils work in close cooperation with the Ministry of Textiles and other Ministries to promote the growth and export of their respective sectors in global markets. 

 

FDI in Textile and Apparel Industry

 

 

Foreign Direct Investment (FDI) plays a role in the Indian textile and apparel sector. From January 2000 to March 2024, the textile sector received US$ 4,472.79 million (₹28,304.10 crore) in FDI equity. FDI in textile sector over the years can be traced in the graph below:

BHARAT TEX 2024

Bharat Tex 2024, a global textile expo was successfully organized during February 26 to February 29, 2024 by the consortium of 11 Textiles Export Promotion Councils with the support of Ministry of Textiles. Built on the twin pillars of trade and investment and with an overarching focus on sustainability, the 4-day event attracted besides policymakers and global CEOs, 3,500 Exhibitors, 3,000 Buyers from 111 Countries and over one lakh trade visitors. An exhibition spread across nearly 2 million sq ft of area and encompassing the entire textile value chain, including an artistically curated story of textiles- Vastra Katha were the highlights of the event. The event was hosted simultaneously at two state of the art venues in Delhi – Bharat Mandapam and Yashobhoomi with both venues fully subscribed.

This global scale conference with 70 sessions and 112 international speakers saw engaging discussions on key textile issues of the day including Textile Mega Trends, Sustainability, resilient global supply chains and Manufacturing 4.0.

 

BHARAT TEX 2025

Bharat Tex 2025, India’s largest global textile event, was successfully organized from February 14 to 17, 2025, at Bharat Mandapam, New Delhi. The event spanned 2.2 million square feet and featured over 5,000 exhibitors, providing a comprehensive showcase of India’s textile ecosystem. More than 1,20,000 trade visitors, from 120+ countries including global CEOs, policymakers, and industry leaders, attended the event.

Bharat Tex 2025 served as a platform to accelerate the government’s “Farm to Fibre, Fabric, Fashion, and Foreign Markets” vision. India’s textile exports have already reached ₹3 lakh crore, and the goal is to triple this to ₹9 lakh crore by 2030 by strengthening domestic manufacturing and expanding global reach. The event demonstrated India’s leadership in the textile sector and its commitment to innovation, sustainability, and global collaboration.

 

Innovation in Textile Sector

As far as innovation in textiles sector is concerned, Ministry of Textiles has conducted an Innovation Challenges in collaboration with Startup India & DPIIT. In this challenge, 9 winners were recognised and awarded, while incubation opportunities were presented to 6 awardees under the Atal Innovation Mission (AIM). Apart from this, 3 separate innovations challenges were conducted by nature fibre boards on their respective problem statements i.e. 

• NJB Technological Innovation Grand Challenge in which 3 winners were recognised and awarded out of 125 applicants.
• CSB Start-up Grand Challenge in which 4 winners were recognised and awarded out of             58 applicants.
• CWDB Wool Innovation Challenge in which 3 winners were recognised and awarded out of     24 applicants.
• 17 of the total above-mentioned winners are directly engaging in activities such as textile waste recycling, biobased fibres or sustainable garment production. 

 

Cotton Industry in India

Cotton is a vital commercial crop in India, contributing about 24% to global cotton production and sustaining the livelihoods of millions of farmers and workers. It plays a crucial role in India’s foreign exchange earnings through exports of raw cotton, intermediate products, and finished goods. India holds the largest cotton acreage in the world.

• Acreage and Yield: India has the largest cotton acreage globally; ranks 36th in productivity.
• Production and Consumption: India is the 2nd largest producer and consumer of cotton in the world.
• Cotton Species: India grows all four species of cotton: G. Arboreum, G. Herbaceum (Asian cotton), G. Barbadense (Egyptian cotton) and G. Hirsutum (American Upland cotton).

• Major Growing Zones: Cotton is primarily grown in the Northern, Central, and Southern zones of India.

 

Production and Consumption of Cotton (in lakh bales)

 

Import and Export of Cotton (in lakh bales)

* Position up to 30.06.2024

 

Government Schemes and Initiatives:

• Minimum Support Price (MSP) Operations to ensure remunerative prices to cotton farmers.
• “Cott-Ally” mobile app for cotton farmers.
• Aadhar-based farmer registration for MSP benefits.
• E-auction for transparent sale of cotton stock.
• QR code using Block Chain Technology for traceability of cotton.
• Kasturi Cotton Bharat programme for branding Indian Cotton.

 

Silk Industry in India

Silk is an insect fibre known for its lustre, drape, and strength. It is called the “Queen of Textiles” worldwide. India has a long history with silk and is the second largest producer and the largest consumer of silk in the world. India is unique in producing all four commercial varieties of silk: Mulberry, Tropical & Oak Tasar, Muga, and Eri. The Indian sericulture industry is important because it provides a lot of employment, requires low capital, and gives good income to silk growers. India produced 38,913 MT of silk, making it the second largest producer globally, after China.

 

Source: Central Silk Board, Bengaluru

 

The Indian government supports the silk industry through various initiatives and schemes:

• The Central Silk Board (CSB) is a statutory body under the Ministry of Textiles that was established in 1948 to develop the silk industry.
• The Ministry of Textiles is implementing the Scheduled Caste Sub Plan (SCSP) and Tribal Sub Plan (TSP) under the Silk Samagra Scheme.
• In 2023-24, the Ministry of Textiles, Government of India, allocated ₹25 crore for the implementation of the SCSP for sericulture. The entire funds allocated under SCSP were fully utilized/released for implementation of beneficiary-oriented components.
• The government is also working on research and development in the silk sector to improve productivity and quality. This includes promoting soil testing, organic farming, and the use of silkworm by-products. They are also upgrading reeling technology and promoting indigenous automatic reeling machines to boost the Make in India program.
• The industry also focuses on product design development and diversification to promote Indian silks and help manufacturers and exporters create innovative designs and fabrics.

 

Jute Industry in India

The jute industry is a major player in India’s economy, particularly in the eastern regions like West Bengal. It’s a vital source of employment, providing livelihoods for workers in organized mills and diversified units, and supporting numerous farm families. The Indian government actively supports the jute sector through various initiatives aimed at improving productivity, ensuring fair prices for farmers, and promoting the use of jute products.

• The jute industry provides direct employment to 4 lakh workers in organized mills and diversified units, including the tertiary sector and allied activities.
• It supports the livelihood of 40 lakh farm families.
• As per the Office of Jute Commissioner, there are 116 composite jute mills.
• West Bengal has the highest number of jute mills (86).
• Government of India provides support to the jute growers through MSP operations by the Jute Corporation of India and also through direct purchase of jute sacking.
• Average land area under raw jute & mesta cultivation is 799 thousand hectares (average of last four years).
• Average production of raw jute & mesta is 10,990 thousand bales (average of last four years).
• Average export of jute goods is 133 thousand MT per annum with a value of Rs. 21,150 million per annum (average of last four years).
• Jute – ICARE has been launched for improving fibre quality and productivity, reducing the cost of jute production, and increasing the income of jute farmers.
• The schemes for the promotion of the jute sector are primarily implemented by the National Jute Board.

 

Conclusion

The Make in India initiative has significantly enhanced India’s position in global textile manufacturing and exports through targeted policies, infrastructure development, and investment promotion. With sustained efforts, India is poised to become a global textile leader, driving economic growth and employment generation.

 

References

https://www.texmin.nic.in/textile-data

https://jutecomm.gov.in/FAQ.html

https://www.investindia.gov.in/sector/textiles-apparel

https://pib.gov.in/PressReleasePage.aspx?PRID=2089306

https://pib.gov.in/PressReleasePage.aspx?PRID=2098352

https://pib.gov.in/PressReleasePage.aspx?PRID=2099411

https://pib.gov.in/PressReleasePage.aspx?PRID=2114277

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2104423

https://www.indiabudget.gov.in/economicsurvey/doc/echapter.pdf

https://www.texmin.nic.in/sites/default/files/Indian%20Jute%20At%20a%20Glance.pdf

https://www.texmin.nic.in/sites/default/files/Note%20on%20Cotton%20Sector_0.pdf

https://sansad.in/getFile/loksabhaquestions/annex/184/AU4118_0othg1.pdf?source=pqals

https://sansad.in/getFile/loksabhaquestions/annex/184/AS245_n0CCI6.pdf?source=pqals

https://sansad.in/getFile/loksabhaquestions/annex/184/AU2877_YZdL4e.pdf?source=pqals

https://sansad.in/getFile/loksabhaquestions/annex/184/AU2873_sOQ5IE.pdf?source=pqals

https://sansad.in/getFile/loksabhaquestions/annex/184/AS110_T8V4VD.pdf?source=pqals

https://www.texmin.nic.in/sites/default/files/FDI%20inflow%20at%20a%20glance.pdf

https://www.texmin.nic.in/sites/default/files/Table-2%20Raw%20Silk%20Production%20Statistics.pdf

https://texmin.nic.in/sites/default/files/MOT%20Annual%20Report%20English%20%2807.11.2024%29.pdf

https://www.texmin.nic.in/sites/default/files/FDI%20inflow%20%28Finacial%20year%20wise%29.pdf

https://ddnews.gov.in/en/india-sets-new-record-with-7-rise-in-textile-exports-government-implements-multiple-schemes-to-boost-sector/

Threads of Progress

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Make in India (T&A) | Explainer | 05

Santosh Kumar | Sheetal Angral | Rishita Aggarwal

(Release ID: 2117470) Visitor Counter : 183

Source: Government of India

Posted On: 01 APR 2025 7:40PM by PIB Delhi

The Prime Minister Shri Narendra Modi today lauded the growth of India’s renewable energy sector as remarkable and a commitment of our people towards sustainability.

Responding to a post by Union Minister Shri Pralhad Joshi on X, he stated:

“A great development, illustrating the commitment of our people towards sustainability!”

 

 

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MJPS/SR

(Release ID: 2117466) Visitor Counter : 366

Source: Government of India

Posted On: 01 APR 2025 7:38PM by PIB Delhi

The Prime Minister Shri Narendra Modi today commended Government e-Marketplace (GeM) portal for ensuring a boost in livelihoods, driving grassroots employment and economic growth across India.

Responding to a post by Union Minister Shri Piyush Goyal on X, he stated:

“Commendable feat, ensuring a boost in livelihoods, driving grassroots employment and economic growth across India.”

 

 

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MJPS/SR

(Release ID: 2117464) Visitor Counter : 282

Source: Government of India

Posted On: 01 APR 2025 7:35PM by PIB Delhi

The Prime Minister Shri Narendra Modi today hailed India’s journey towards self-reliance and global leadership in defence manufacturing

Responding to a post by Union Minister Shri Rajnath Singh on X, he stated:

“This is indeed a proud milestone in our journey towards self-reliance and global leadership in defence manufacturing!”

 

 

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MJPS/SR

(Release ID: 2117459) Visitor Counter : 228

Source: Government of India

Prime Minister condoles the loss of lives in the explosion at a firecracker factory in Banaskantha, Gujarat

PM announces ex-gratia from PMNRF

Posted On: 01 APR 2025 7:32PM by PIB Delhi

Prime Minister Shri Narendra Modi today condoled the loss of lives in the explosion at a firecracker factory in Banaskantha, Gujarat. He announced an ex-gratia of Rs. 2 lakh from PMNRF for the next of kin of each deceased and Rs. 50,000 to the injured.

The Prime Minister’s Office handle in post on X said:

“Deeply saddened by the loss of lives in the explosion at a firecracker factory in Banaskantha, Gujarat. Condolences to those who lost their loved ones. May the injured recover soon. The local administration is assisting those affected.

An ex-gratia of Rs. 2 lakh from PMNRF would be given to the next of kin of each deceased. The injured would be given Rs. 50,000: PM @narendramodi”

 

 

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MJPS/SR

(Release ID: 2117456) Visitor Counter : 251

Source: Hong Kong Government special administrative region

The Deputy Secretary for Justice, Dr Cheung Kwok-kwan, chaired the first meeting of the new term of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Task Force today (April 1). He emphasised that “innovation” is particularly important in promoting the interfaces of mechanisms, regulatory frameworks and talent training among Guangdong, Hong Kong and Macao. He noted that it will further facilitate Hong Kong’s integration into the overall development of the country and enhance the innovation capabilities and radiating effect of the GBA.

During the meeting, the Task Force had an in-depth discussion on the latest development of the various policy measures set out in the Department of Justice (DoJ)’s Action Plan on the Construction of Rule of Law in the Guangdong-Hong Kong-Macao Greater Bay Area, and future key initiatives, including the establishment of a panel of GBA arbitrators to further facilitate arbitrators from the three places in providing legal and dispute resolution services in the GBA, as well as the setup of a GBA legal information platform to provide enterprises and people with practical legal information on cross-boundary businesses and living.

Meanwhile, Dr Cheung welcomed the new members, namely Mr Neville Cheng, Mr Michael Lok, Mr Tse Shing-yick, Mr Joaquim Vong and Mr Zeng Xuezhi, to the Task Force. Dr Cheung said that the DoJ has long been upholding principles and at the same time, embracing innovation in its co-operation with various stakeholders to draw collective wisdom and actively implement the Action Plan, with a view to leveraging the unique strengths under “one country, two systems and three jurisdictions” of the GBA.

Dr Cheung pointed out that the inclusion of lawyers from the Mainland and Macao for the first time facilitates the DoJ to learn about issues from the perspectives of different jurisdictions, and signifies a strong collaboration among the legal sectors of the three regions to jointly harness the unique edges of “three jurisdictions”.

He also noted that Mr Tse, an online key opinion leader (KOL) who has been residing in the Mainland, holds a considerable understanding of the circumstances of Hong Kong people working and residing in the GBA. Mr Tse’s joining will not only help the DoJ better grasp public opinions on various policy measures in relation to the GBA, but will also assist the DoJ in effectively communicating with the community.

Dr Cheung said that he firmly believes that the new-term Task Force will continue to work closely together to deepen the legal co-operation in the GBA with diverse and innovative thinking, contributing wisdom and strengths to the GBA’s high-quality development.

Source: Hong Kong Government special administrative region

Source: Government of India

Union Home Minister and Minister of Cooperation, Shri Amit Shah terms the passing of the ‘Tribhuvan Sahkari University Bill, 2025’ by the Rajya Sabha under the visionary leadership of PM Modi, as a historic day for the cooperative sector of the country

Union Cooperation Minister Shri Amit Shah expresses gratitude to the Prime Minister Shri Narendra Modi on the passing of the bill by the Parliament

This bill will bring the triveni of cooperation, innovation and employment in the country

Now cooperative education will become an integral part of Indian education and curriculum and through this university, trained youth from all over the country will make the cooperative sector more comprehensive, well-organized and modern-age friendly

Posted On: 01 APR 2025 10:37PM by PIB Delhi

Union Home Minister and Minister of Cooperation, Shri Amit Shah terms the passing of the ‘Tribhuvan Sahkari University Bill, 2025’ by the Rajya Sabha under the visionary leadership of PM Modi, as a historic day for the cooperative sector of the country.

In a post on X platform, Shri Amit Shah expressed gratitude to the Prime Minister Shri Narendra Modi on the passing of the bill by the Parliament, on behalf of brothers-sisters associated with the cooperative sector. He said that this bill will bring the triveni of cooperation, innovation and employment in the country. Shri Shah said that now, cooperative education will become an integral part of Indian education and curriculum and through this university, trained youth from all over the country will make the cooperative sector more comprehensive, well-organized and modern-age friendly.

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RK/VV/RR/PS

(Release ID: 2117573) Visitor Counter : 170

Source: Government of India

Posted On: 01 APR 2025 10:25PM by PIB Delhi

The Council of Scientific and Industrial Research (CSIR) has reached a significant milestone in financial management and institutional efficiency by submitting its Annual Accounts for the Financial Year 2024–25 to the Comptroller and Auditor General (CAG) of India on April 1, 2025. This submission has been accomplished three months ahead of the statutory deadline of June 30, 2025.

This early submission reflects CSIR’s continued commitment to sound financial governance, administrative transparency, and process efficiency. It is the result of coordinated efforts across CSIR Headquarters and its 38 constituent laboratories and institutions located across the country.

The Integrated Finance Division Team presenting the Balance Sheet and Annual Accounts to DG, CSIR

Shri Chetan Prakash Jain, JS&FA, CSIR lead IFD team submitting the Annual Accounts for the Financial Year 2024–25 to the CAG

A key enabler of this achievement has been the successful implementation of the Accounts Management System (AMS) software, developed entirely in-house. The system was conceptualized and developed by a team of CSIR officers comprising Shri S.P. Singh, Senior Deputy Financial Adviser; Shri Arvind Khanna, Financial and Accounts Officer; and Ms. Akansha Trehan, Technical Officer. The software has enabled streamlined, real-time financial consolidation and has brought greater accuracy and timeliness in the preparation of accounts across the CSIR system.

The initiative was undertaken under the guidance of Dr. N. Kalaiselvi, Director General, CSIR and Secretary, DSIR, and was steered under the financial leadership of Shri Chetan Prakash Jain, Joint Secretary and Financial Adviser, CSIR/DSIR.

By completing the process of annual financial closure and submission on the very first day of the new financial year, CSIR demonstrates the viability of achieving high standards in public financial reporting. This development serves as a benchmark for other scientific and public sector organizations striving to enhance financial discipline and administrative performance.

CSIR remains committed to further strengthening its systems and practices in alignment with the principles of good governance.

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NKR/PSM

(Release ID: 2117571) Visitor Counter : 152

Source: Government of India

Union Minister of State for Cooperation Shri Muralidhar Mohol today replied to the discussion on the Tribhuvan Sahkari University Bill, 2025 in the Rajya Sabha

After the discussion, the House passed the Bill. The Lok Sabha had passed this Bill on 26 March, 2025

Under the leadership of Prime Minister Shri Narendra Modi, where rural economy will have an important contribution in making India the third largest economy in the world by the year 2027

Shri Amit Shah ji became the first Minister of Cooperation of this country, with vast experience in PACS and market committee, President of the District Cooperative Bank and Director of the State Cooperative Bank

Cooperative sector will need about 17 lakh trained youth in the next five years and in view of this, the initiative to establish Tribhuvan Sahkari University has been taken

An institutionalised system is necessary to bring dynamism in the cooperative sector and its expansion and Tribhuvan Sahkari University has been established for the same purpose

Under the leadership of Shri Amit Shah, the Ministry of Cooperation took 60 new initiatives to give a new direction to the cooperative sector

In 2013-14, a budget of Rs 122 crore was allocated for the Department of Cooperation, which has increased 10 times to Rs 1190 crore today

Bye-laws of PACS were amended to make them and multipurpose and these bye-laws have been adopted by 32 states and UTs

Today, 43 thousand PACSs are running Common Service Centers, 36 thousand PACSs running PM Kisan Samridhi Kendra and 4 thousand PACSs running Pradhan Mantri Jan Aushadhi Kendra

Only when PACSs will be economically strong, the farmer will be empowered and the villages will also become prosperous

National Cooperative Policy is being formulated under leadership of PM Modi and guidance of Union Minister of Cooperation, Shri Amit Shah and it is our resolve to announce this policy

This year NCDC has given financial assistance of about Rs 10 thousand crore to the sugar mills of the country

Posted On: 01 APR 2025 10:16PM by PIB Delhi

Union Minister of State for Cooperation Shri Muralidhar Mohol today replied to the discussion on the Tribhuvan Sahkari University Bill, 2025 in the Rajya Sabha. After the discussion, the House passed the Bill. The Lok Sabha had passed this Bill on 26 March, 2025.

Replying to the discussion, Union Minister of State for Cooperation Shri Muralidhar Mohol said that Prime Minister Shri Narendra Modi has resolved to make India the third largest economy in the world by the year 2027, where rural economy will have an important contribution. He said that today more than 50 percent of the country’s population is associated with the agriculture sector. There are about 8 lakh cooperatives in the country with over 30 crore members. Shri Mohol said that one person from every farmer family is associated with the cooperative sector.

Minister of State for Cooperation said that in 2013-14, a budget of Rs 122 crore was allocated for the Department of Cooperation, which has increased 10 times to Rs 1190 crore today. Earlier, the work related to cooperatives of the whole country was being handled by a joint secretary-level officer, but Prime Minister Modi ji established an independent Ministry of Cooperation for the welfare of farmers. He said that taking a visionary decision, PM Modi ji formed the Ministry of Cooperation for the development and expansion of cooperative societies like Primary Agricultural Credit Societies (PACS), Dairy, Sugar Mills, Cooperative Bank, Textile Mills across the country and strengthen the cooperative movement.

Shri Muralidhar Mohol said that it is a matter of pride for all of us that Shri Amit Shah ji became the first Minister of Cooperation of this country, who worked in the PACS and market committee of the village, as the President of the District Cooperative Bank, also as the Director of the State Cooperative Bank and who has made a great contribution and has vast experience in the cooperative sector.

Minister of State for Cooperation said that under the leadership of Shri Amit Shah, the Ministry of Cooperation took 60 new initiatives to give a new direction to the cooperative sector. These include the first step of strengthening the PACS. He said that PACS is the most important link in the cooperative sector, so the bye-laws of PACS were amended and PACS were made multipurpose and these bye-laws have been adopted by 32 states and union territories.

Shri Muralidhar Mohol said that today in the country, 43 thousand PACSs are running Common Service Centers, 36 thousand PACSs are running Pradhan Mantri Kisan Samridhi Kendra and 4 thousand PACSs are running Pradhan Mantri Jan Aushadhi Kendra. Many PACSs are also running petrol pumps. He said that only when PACSs will be economically strong, the farmer will be empowered and the villages will also become prosperous.

Minister of State for Cooperation said that to strengthen cooperative sector in the states, computerization of about 66 thousand PACS is being done by the Union Ministry of Cooperation, on which the Government of India is spending Rs 2516 crore. He said that the government is trying to make every village of the country prosperous through cooperation. For this, the Ministry has set a target of creating 2 lakh PACSs, out of which 14 thousand PACSs have already been created. Shri Mohol said that in the next five years, the number of PACSs in the country will increase to 3 lakh.

Shri Muralidhar Mohol said that while forming PACSs, we have kept in mind the social structure of the country and decided to give representation to all sections of the society including women in cooperatives. He said that under the new bye-laws, the government has made it mandatory to have members of SC, ST category and a woman member in the Board of Directors of PACS. Through this, we are working to provide social justice in the cooperative sector. Shri Mohol said that a National Cooperative Database has been created by taking all the states together. Now, information about all cooperatives can be obtained with one click.

Union Minister of State for Cooperation said that the National Cooperative Policy of the country is also being formulated under the leadership of Prime Minister Modi ji and guidance of Union Home Minister and Minister of Cooperation, Shri Amit Shah. It is our resolve to announce this policy in the next few days. He said that for the first time in 2023, under the leadership of Shri Amit Shah ji, three new cooperative societies – Bharatiya Beej Sahakari Samiti Limited (BBSSL), National Cooperative Exports Limited (NCEL) and National Cooperative Organics Limited (NCOL) – were established at the national level to provide facilities to the farmers of the country from seed to market. 34 thousand cooperative institutions have been made members by these three societies. This will increase the income of farmers.

Shri Muralidhar Mohol said that the Ministry of Cooperation has created the world’s largest food storage scheme for farmers. The work of food storage scheme has started through PACSs. This will reduce transportation costs, protect the crop and farmers will get storage facilities at a place near them and they will also get financial benefits. He said that in 2013-14, only Rs 5300 crore was given to the cooperative institutions of the country through National Cooperative Development Corporation (NCDC), which the Modi government increased to Rs 1 lakh 28 thousand crores. This year NCDC has given financial assistance of about Rs 10 thousand crore to the sugar mills of the country.

Union Minister of State for Cooperation said that an institutional system is necessary to bring dynamism in the cooperative sector and its expansion. The university has been established for this purpose. He said that many cooperatives have challenges like lack of efficiency, irregularities in management and limited use of technical resources, which affect their performance. Through this university, the scope and effectiveness of the cooperative sector will definitely increase, which will also create new opportunities for self-employment and innovation.

Shri Muralidhar Mohol said that today there is a need for proper training for efficiency and discipline at all levels, from the secretary of PACS to the MD of Apex Bank. According to an estimate, the cooperative sector will need about 17 lakh trained youth in the next five years. In view of this need, the initiative to establish a university has been taken. He said that at present the system of teaching and training in the cooperative sector is not adequate and it is also scattered. Keeping this in mind, under the leadership of Prime Minister Shri Narendra Modi and the guidance of Home and Cooperative Minister Shri Amit Shah, it was decided to establish Tribhuvan Sahkari University. This university will fulfill the need of trained human resources in the cooperative sector and develop cooperative spirit in the youth of the country and inspire them to make a career in this field.

 

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