Industry · announced once

Powerloom Modernization Scheme

1 budget named it 1 year span 30 ₹ crore allocated 50 ₹ crore whole-project cost DMK government

First announced in 2025-26 and not named in any budget since.

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What each budget said, year by year

2025-26 Rs.30 crore new project DMK

“Powerloom Modernization Scheme will be implemented at an estimated cost of Rs.50 crore. This project will provide capital subsidies to upgrade three-year-old conventional powerlooms into modern ones, enabling the production of high-value fabrics. Annually, a sum of Rs.30 crore will be allocated to upgrade 3,000 looms, while Rs.20 crore will be designated for establishing infrastructure such as loom sheds, common facility centres, and quality testing laboratories to support exports in powerloom clusters.”

financedept_2025-26_speech_en · p.82 · ¶189 · source PDF ↗ · on the map →

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