She stated that the textiles sector is usually on the lookout for subsidy but just one ought to keep in intellect that subsidy is taxpayers’ funds.
“There is a want to see alternatives and not hold out for a further crisis,” Irani stated at a webinar organised by ICC.
Citing an case in point, she stated that the private protective equipment (PPE) group is a situation in issue.
“India has become a new participant in the PPE group soon after the pandemic surfaced,” she added.
About textile parks, the minister stated that during the UPA rule, no role was envisaged for point out governments.
“Point out governments want to oversee the operating of these parks if employment alternatives are to be elevated,” she added.
She rued that several promoters of these parks have run away soon after availing of the subsidy.
Irani also stated that the carpet market will be aided as India is rising as a essential participant in the global market.
“If the export promotion council of the carpet market usually takes up the subject, it will assistance the textiles office,” she stated.