Today’s Issue Hits: 1054

Piyush Goyal gets additional charge of Textile Ministry

Today’s Issue Hits: 1054
Today’s Issue Hits: 1054

Piyush Goyal, who already has bagged few ministers in Modi government holding portfolio of more than two ministries, finds himself reloaded with an additional charge & responsibility in July 7th Cabinet mega reshuffle.

The Commerce and Industry, and Food, Consumers Affairs and Civil Supplies Minister who is amongst most trusted hands in current government has now been asked to wear the hat of the Textile ministry too.

Timing is apt as Textile portfolio is supposedly going to complement his existing functions in the Commerce Ministry where country's exports and to build trade relations with countries across the globe takes primacy especially in the face of growing clamour for 'Make in India' theme in Post-Covid World.


Watch: https://www.youtube.com/watch?v=CrmBQ_EsWKw

 

TEXTILES INDUSTRY CREDENTIALS

  • Job Creator: Textiles & Apparel industry employs around 55 million 
  • Textiles & apparel (T&A) industry contributes 2% to the GDP, 12% to export earnings & holds 5% of global T&A trade
  • Technical Textiles: Growth Engine of Indian Textiles Sector
  • Post Covid World has thrown a big opportunity for the online textile industry

 

General understanding is that Textiles should have a full-fledged minister

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