The production of raw silk in India is estimated to rise by 11.5 per cent to 33,840 tonnes in 2017-18, from 30,348 tonnes the previous fiscal. In order to boost production further, the government has approved two broad categories covering 24 sericulture projects that are expected to yield an additional 2,285 tonnes of raw silk by 2019-end.
Minister of State for Textiles, Ajay Tamta, said in the Rajya Sabha that the silk sector has posted an estimated compounded annual growth rate (CAGR) of 6.4 per cent during the past five years.
Tamta added that the Centre has approved a project-based strategy for
