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SAMARTH scheme

IAS Current Affairs

SAMARTH scheme
Source : The Economic Times
GS III : Economy

Overview

  1. About the SAMARTH scheme
  2. Indian Textile Industry

Why in News ?

Eecently, the panel of SAMARTH scheme implementing partners has been broadened with empanelment of 43 new implementing partners and additional target of training around 75,000 beneficiaries has been allocated to the training partners.

About the SAMARTH scheme (Full Form: Scheme for Capacity Building in Textiles Sector)

  • Who is implementing SAMARTH Scheme?
  • What is the duration of SAMARTH Scheme?
    • The plan’s implementation term lasts until March 2024.
  • Implementing through
    • Textile Industry
    • Training institutes under various instituion like startup, NGO, Trust or Societies.
    • Also placement tie-ups with textile sector.
  • It is a flagship Scheme for Capacity Building in the Textiles Sector (SCBTS).
  • Aim
    • Between 2017 and 2020, 10 lakh people are to be trained.
    • Incentivize and supplement the efforts of the industry in creating jobs in textile sector.
    • To cover the entire value chain of textiles, excluding Spinning and Weaving.
    • Special provision for upskilling/ re-skilling programme.
    • Increasing the present workforce’s productivity in the apparel and garment industries.

What are the features of SAMARTH Scheme?

  • Scheme seeks to provide 10 lakh youngsters with market-responsive and employment-oriented upskilling programmes that are tailored to the National Skills Qualifications Framework (NSQF).
    • 9 lakh in the organised sector and 1 lakh in the unorganised sector
  • The master trainers will have improved facilitation abilities as a result of the training of trainers (ToT).
  • Online management information system (MIS) using mobile and virtual monitoring of training activities.
  • Recording of the training sections.

Indian Textile Industry

  • By 2025–2026, the Indian textile and apparel market is projected to increase at a 10% compound annual growth rate (CAGR)
    • Totaling US$190 billion. India accounts for 4% of global textile and clothing trade.
  • India is the world’s largest producer of cotton.
    • Production stood at 362.18 lakh bales (2021-22).
  • Production of fibre in India reached 2.40 MT in FY21
  • India’s textile and apparel exports (including handicrafts) stood at US$ 44.4 billion in FY22.
    • US, its single largest market, stood at 27%.
  • Exports of readymade garments including cotton accessories stood at US$ 6.19 billion in FY22.
  • India’s textiles industry has around 4.5 crore employed workers.
    • This includes handloom workers.

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