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India emerges top importer of used clothes -Namrata Acharya

-Business Standard Garment industry apprehends the govt to issue close to 200 new licenecs for import of wearable used clothes Kolkata: Even as premium global fashion brands see India as a potential market, another segment in the Indian retail chain is attracting global attention: The country has emerged as the biggest importer of worn clothing and textiles. UN Comtrade data on global trade of worn clothes and textiles show in 2013, such imports...

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Govt. needs to take a realistic view of skilled manpower

The Skill India Mission was launched by the Prime Minister Shri Narendra Modi on 15 July, 2015 with much fanfare. However, a new report from the Ministry of Statistics and Programme Implementation (MoSPI) informs us that among persons aged 15 years and above, only 2.4 percent had technical degrees, diplomas or certificates in 2011-12. Based on the 68th round of National Sample Survey (NSS), the report says that the proportion...

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Uphill task for Skill India mission -Rukmini S

-The Hindu Just over one in 10 adults received training: survey The Modi government will have its work cut out on skill development; just over one in 10 adults reported having received any vocational training, according to new official data, and the bulk of it was informal. The National Sample Survey Office on Tuesday released data from its 2011-12 round on education and vocational training. The numbers show that among persons in the...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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Looming crisis

-The Hindu The crisis-ridden textile sector, being labour-intensive, should have been an ideal candidate for a push as part of the Prime Minister’s pet ‘Make in India’ initiative, but as the issues it is mired in remain unresolved, and with losses mounting, the situation is grim. Nearly half of India’s power looms are at a standstill: the spinning industry in the northern and southern regions has pressed in shutdowns of as...

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