The UP Government has allocated a substantial sum of Rs. 400 crore for the Atal Bihari Vajpayee Powerloom Vidyut Flat Rate Yojana, to revitalise the looms sector. Additionally, a mega textile park has been approved under the PM Mega Integrated Textiles Region and Apparel Scheme, with a generous provision of Rs. 400 crore. This park is anticipated to attract investments ranging from Rs. 10,000 crore to Rs. 15,000 crore and create approximately one lakh direct and two lakh indirect employment opportunities. This Park will sprawl across 1,000 acres in Malihabad tehsil in Lucknow.
According to the State Government spokesman, the project will come up in Attari village, in Malihabad tehsil, on the outskirts of the state capital. Attari village has been selected keeping in view the connectivity of the park with the rest of the city. The park will have industrial plots and industrial sheds.
The project site is located 20 km away from NH-20 and SH-20, both of which are four-lane roads connecting Lucknow to Sitapur and Hardoi, respectively.
Furthermore, the National Institute of Fashion Technology (NIFT) in Varanasi has received a significant boost of Rs. 150 crore in the budget, reflecting the Government’s focus on promoting educational and professional development in the fashion and textile sectors. Various other provisions have been made for key sectors such as Khadi and village industries, clay art, IT and electronics, and MSME sectors.
Under the Pandit Deendayal Gramodyog Rojgar Yojana, a provision has been made for an interest subvention facility for beneficiaries for three years, amounting to Rs. 14 crore. Additionally, Rs. 15.75 crore has been allocated for the Khadi and Village Industries Development and Continuous Employment Promotion Policy, while an amount of Rs. 11.25 crore has been proposed for the Integrated Development Program of Clay Art to provide employment opportunities to traditional artisans.