PM pitches for technological upgradation in textile sector

Prime Minister Narendra Modi today favoured "technological upgradation" and "human resource development" in the textile sector so that the youth take to it as a vocation "not out of any compulsion, but with pride".
Pitching for modernisation, he asked the weavers in the district known for its textiles to utilise the growing e-commerce market to reach out to global consumers.
"E-business is increasing. There are opportunities in the global market," Modi, who is on his first visit to his Lok Sabha constituency after assuming power, said after laying the foundation stone of a trade facilitation centre for weavers here.
"In terms of the number of people who earn their living out of it in the country, textile comes second only to agriculture. It is also a unique productive activity wherein the schism between employer and employee does not exist.

"Those who invest their capital and those who work with their hands, function together like a family", he said at Lalpur, a village situated on the outskirts of the city.
The Prime Minister was addressing a function where he laid down the foundation stone for a Trade Facilitation Centre and Crafts Museum, besides inaugurating a Power Loom Service Centre.

The projects are being developed by the Union Ministry for Textiles at a total cost of Rs 147 crore, out of which Rs 50 crore have already been sanctioned for the initial stage.
The Prime Minister also announced that "16 district cooperative banks in eastern UP, which were recently shut down after having become financially unmanageable, would be revived through a Central assistance of Rs 2,375 crore.

"We need to revive these banks while keeping petty politics at bay. After all, these institutions are run through participation of people of all political affiliations," he said.
In his nearly 30-minute-long speech, the Prime Minister rued that projects, which were announced in the budget had to come up "quite far away from the city for want of land".
"We had sought land from the Uttar Pradesh government closer to the city, but that did not materialise.Hence we had to contend with this place", he said.