Chandigarh

Haryana announces Market Development Assistance scheme

PNS

In an initiative to rejuvenate indigenous textile industry in the State, the Haryana Government has announced Market Development Assistance (MDA) scheme, envisaging financial assistance at 20 per cent of production value on Khadi and Khadi products and polyvastra, a synthetic variety of Khadi.

The scheme would be implemented throughout the year in the State. The State Government has also approved rebate

claims of about `52.34 lakh received by the Haryana Khadi and Village Industries Board for 2012-13 and 2013-14, said an official spokesman on Wednesday.

He said that Central Government, under MDA scheme, provides 20 per cent financial assistance which is shared by spinners and weavers, producing institutions and selling institutions in the ratio of 25 per cent, 30 per cent and 45 per cent, respectively.

He said that MDA scheme would re-energise the Khadi industries with financial assistance of about `6 crore.

Under the scheme, only those Khadi-producing units which are located in the state would be eligible for financial assistance on the Khadi products manufactured in their units.

He said that Chief Minister Manohar lal has also approved a proposal of Industries Minister Capt Abhimanyu to formulate a detailed plan to promote Khadi and village industries in the State by dovetailing other Central Government schemes in this regard to encourage the spinners and weavers to produce value added products of global standards so as to compete in the domestic as well as global markets.