About SAMARTH scheme
26-08-2023
01:21 PM
1 min read
Overview:
Recently, the panel of SAMARTH scheme implementing partners has been broadened with the empowerment of 43 new implementing partners and an additional target of training around 75,000 beneficiaries has been allocated to the training partners.
Why in news?
- The Funding pattern has been revised with an increment of 5% in cost norms, which will give much needed additional financial support to industries imparting skill under this Scheme.
Key Facts about SAMARTH scheme
- Scheme for Capacity Building in Textiles Sector (SAMARTH) is a demand-driven and placement-oriented umbrella skilling programme.
- It aims to incentivize and supplement the efforts of the industry in creating jobs in the organized textile and related sectors, covering the entire value chain of textiles, excluding Spinning and Weaving.
- In addition to the entry-level skilling, a special provision for upskilling/ re-skilling programme has also been operationalized under the scheme towards improving the productivity of the existing workers in the Apparel & Garmenting segments.
- The implementation period of the scheme is up to March 2024.
- Nodal Ministry: Ministry of Textiles.
- Under this scheme skilling programme is implemented through the following Implementing Agencies:
- Textile Industry.
- Institutions/Organizations of the Ministry of Textiles/State Governments having training infrastructure and placement tie-ups with the textile industry.
- Reputed training institutions/ NGOs/ Societies/ Trusts/ Organizations/ Companies /Start-Ups / Entrepreneurs active in the textile sector having placement tie-ups with the textile industry.
Q1) What Is a Startup?
The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand.
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