PowerTex India (COMPREHENSIVE SCHEME FOR POWERLOOM SECTOR DEVELOPMENT)
To address the felt needs of the Powerloom Sector, these schemes are now modified with additional components and new schemes are added.
The new schemes include Solar Energy Scheme and Pradhan Mantri Credit Scheme for Powerloom Weavers.
Additional components include creating Awareness and Publicity of the poweloom schemes, providing facilitation services and IT enabled online services.
The existing schemes of Group Workshed Scheme, Common Facility Centre, Yarn Bank and In-situ Upgradation of Plain Powerlooms have been rationalized and upgraded. A comprehensive scheme with all these features is now launched as the Comprehensive Scheme for Powerloom Sector Development and the same comes into effect on 1st April, 2017 and would be for a duration up to 31st March, 2020.