The Uttar Pradesh State Government’s ambitious scheme of one district one product (ODOP) is now ready with its roadmap. Noida (Gautambudh Nagar), one of the leading high fashion hubs of India is allocated readymade garments product category under this scheme. Commissioner & Director Directorate of Industries of the state has issued details of the scheme.
In the first year 2018-19, the state has approved Rs. 280 lakhs for minimum 40 candidates as far as Noida is concerned. For each project, amount of at least Rs. 7 lakhs is allocated as margin money, in any case, whatever is the project cost, maximum Rs. 20 lakhs will be due as margin money. Deepender Kumar, Assistant Commissioner, Industry told Apparel Resources that bank finance is a must for any project to avail subsidy under this scheme. After the two successful years of the project, this margin money will be adjusted as the subsidy. A candidate of the general category has to submit at least 10 per cent of the project cost.
Rajeev Bansal, MD, Celestial Knits & Fabs, and Divisional Chairman, Indian Industries Association (IIA)- Meerut welcomed the scheme and added, “It seems good for start-ups. We were expecting more funds for RMG sector.”
The district level task force committee which will include Government and bank officials will select the eligible candidates through an interview. Under this scheme, the State Government is aiming to create more than ten lakh employment. Among 75 districts of the states, some are directly related to textile and apparel industry like Varanasi (Banarasi silk saris), Bhadohi (carpets), Lucknow (Chikankari), Kanpur (leather goods), Agra (leather footwear), and Meerut (sports goods).
