1,000 Crore Fund To Boost R&D In Silk

Bharat Mahan

With an aim to make the country self-reliant in silk production, the government will constitute an inter-ministerial committee with a fund of Rs 1,000 crore to promote research & development (R&D) and technology transfer in the silk sector, Textile Minister Smriti Irani said on Thursday.

“For technology transfer alone, around 50,000 people will be trained. To ensure that R&D is not limited to the textiles ministry, for the first time an inter-ministerial committee is being set up chaired by the Textiles Secretary in which close to Rs 1,000 crore is being provided especially for R&D, technology transfer with the support of other ministries,” said the Minister.

Read more of this in a report published in The Indian Express....t

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The Indian Express

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