Indian Government Commits to Procure Jute and Cotton Below MSP,
The Union Minister Piyush Goyal has announced that the Indian government is willing to procure the harvest of jute and cotton from farmers if the market prices fall below the Minimum Support Price (MSP). This move is part of the government's efforts to support farmers and ensure they receive fair compensation for their crops.
Goyal emphasized the government's commitment to increasing the production of jute and cotton. To achieve this, the Centre is willing to provide quality seeds and fertilizers to farmers to ensure the production of high-quality crops. The ultimate goal is to promote farm-to-foreign exports and enhance the global presence of Indian agricultural products.
During his interaction with beneficiaries of the Textile Sector, Goyal urged them to promote the "vocal for local" initiative, emphasizing the importance of showcasing Indian products on the world stage. He highlighted the potential of ramping up textile production in the country to boost income, create employment opportunities, and contribute to the vision of making India 'Atmanirbhar' (self-reliant).
Goyal also encouraged artisans to register their businesses on the Government e-Marketplace (GeM) to enhance visibility and promote their businesses. The minister announced that there would be no registration fee for artisans and weavers connected with handicraft and handloom.
To further support the handicraft and handloom businesses, especially small enterprises, Goyal expressed the government's intention to facilitate GeM-registered businesses to onboard major e-commerce websites in the country. Additionally, efforts will be made to register these businesses on foreign websites, with a focus on promoting handicraft and handloom products.
In line with the 'Made in India' initiative, Goyal urged officials to devise ways for handicraft beneficiaries to benefit from the 'Handmade in India' label, and he emphasized the government's commitment to penalize businesses selling machine-made products under this label.
The minister stressed the importance of technological innovation in the textile sector to improve the lives of artisans and weavers while increasing their income. He called for efforts to enhance the quality and packaging of textile products to elevate the brand value and income of artisans and weavers on the global stage.
In conclusion, Goyal highlighted that the convergence of schemes like PM-Suryoday Yojana, Samarth schemes, and other textile schemes would help artisans benefit their businesses and transform their income.
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