Union Government Rs 2,600 Crores package for leather industry; generates 3.24 lakh jobs in three years

Posted on:17 Dec 2017 09:00:02
Union Government Rs 2,600 Crores package for leather industry; generates 3.24 lakh jobs in three years
17 December 2017 Current Affairs: The Delhi Government approved a Rs 2,600Crores special package for employment generation in the leather and footwear sector.

The decision was taken at a meeting of the Union Cabinet chaired by PM Modi in Delhi.

The package has the potential to generate 3.24 lakh new jobs in 3 years and assist in the formalisation of 2 lakh jobs as cumulative impact in footwear, leather and accessories sector.

The package involves implementation of central scheme ‘Indian Footwear, Leather and Accessories Development Programme’, with an expenditure of Rs 2,600 crore during 2017-18 to 2019-20.

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