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The Union Government has recently approved the Tex-RAMPS Scheme, which stands for Textiles Focused Research, Assessment, Monitoring, Planning and Start-up. This initiative is set to significantly enhance India's textile sector, a vital contributor to the nation's economy.
India's textile and apparel industry is one of the oldest and most crucial sectors in the country. It contributes over 2% to India’s GDP and nearly 11% to the industrial output. Additionally, it accounts for around 13% of total export earnings, employing more than 45 million workers, making it the second-largest employer after agriculture.
The sector's strength lies in its integrated value chain, spanning from fibre production to the manufacturing of apparel and home textiles. India is a global leader in producing cotton, jute, silk, and polyester, and it excels in home furnishings and garment manufacturing.
The Tex-RAMPS Scheme, with an outlay of Rs. 305 crore, will be implemented from 2025 to 2031. Its primary goal is to enhance innovation capacity, improve data systems, and boost the global competitiveness of India's textile sector.
Tex-RAMPS is a forward-looking initiative aimed at addressing structural gaps in India’s textile value chain. The scheme will integrate research, data, and innovation, positioning India as a leader in sustainability, technology, and competitiveness.
Several essential components characterize the Tex-RAMPS Scheme:
The Tex-RAMPS Scheme aims to achieve significant long-term benefits, including:
Industry leaders believe that the Tex-RAMPS Scheme will strengthen the innovation ecosystem, promote promising start-ups, and deepen the quality culture in the textile sector.
Q1. What is the Tex-RAMPS Scheme?
Answer: The Tex-RAMPS Scheme is a government initiative aimed at enhancing innovation and competitiveness in India’s textile sector through research, data systems, and support for start-ups.
Q2. What are the main objectives of Tex-RAMPS?
Answer: The main objectives include building a national ecosystem for textile innovation, promoting sustainability, and strengthening evidence-based policymaking.
Q3. How will Tex-RAMPS benefit employment in the textile sector?
Answer: By fostering innovation and entrepreneurship, Tex-RAMPS is expected to create new job opportunities and enhance workforce skills in the textile industry.
Q4. What challenges does the textile sector face?
Answer: Key challenges include slow technology adoption, limited R&D capacity, fragmented supply chains, and rising competition from other countries.
Q5. When will the Tex-RAMPS Scheme be implemented?
Answer: The Tex-RAMPS Scheme is set to be implemented from 2025 to 2031 with an allocated budget of Rs. 305 crore.
Question 1: What is the budget allocated for the Tex-RAMPS Scheme?
A) Rs. 205 crore
B) Rs. 305 crore
C) Rs. 405 crore
D) Rs. 505 crore
Correct Answer: B
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