The textile upgradation fund allocation to be raised to Rs 55 crore (Rs 550 million) in 2006-07 from Rs 455 crore (Rs 4.45 billion) following good response in the last two years.
The government also announced setting up of 12 textile industry parks of which 7 have been approved and ten more in the pipeline.
An allocation of Rs 189 crore provided for this. A National Jute Board to be set up. Like woolmark, there will be a handloom mark to certify its quality.
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