Power loom Current Affairs, GK & News

Yarn Bank Scheme

The Ministry of Textiles, Government of India had launched a Yarn Bank Scheme as one of the components of PowerTex India scheme with an aim to avoid fluctuation in yarn price. Objectives of the Scheme The objectives of the Yarn Bank Scheme are: To provide interest-free corpus fund to Special Purpose Vehicle (SPV) or Consortium ..

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Ministries of Power and Textiles have jointly launched a new scheme “SAATHI”

Ministries of Power and Textiles have jointly launched a new scheme SAATHI under which Energy Efficiency Services Limited (EESL) will provide energy efficient power loom equipment to small and medium units at no upfront cost. The use of the efficient equipment would result in energy and cost savings to the unit owner and he will ..

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