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Tuesday, 07 September 2021 12:47

Government to approve proposal to extend IFLADP scheme

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The government is likely to approve Commerce and Industry Ministry’s proposal to extend the Indian Footwear Leather and Accessories Development Program (IFLADP) till 2025-26 with Rs 1,700 crore investments. Aimed at boosting leather production, exports, and create new jobs, the program would involve six components — Sustainable Technology and Environmental Promotion with a proposed outlay Rs 500 crore; integrated development of the leather sector with an outlay Rs 500 crore; establishment of institutional facilities with Rs 200 crore; Development of mega leather footwear and accessories cluster with Rs 300 crore; promotion of Indian brands in the leather and footwear sector with Rs 100 crore; and development of design studios with Rs 100 crore.

Under the 'Sustainable Technology and Environmental Promotion' component, the program would provide assistance for setting up a common effluent treatment plant; and under the Integrated Development of the Leather Sector, it would undertake modernization/capacity expansion/ technology up-gradation projects. Similarly the 'Establishment of Institutional Facilities' component, support could be provided for setting up of new infrastructure and upgradation of requisite infra of the existing campuses of Footwear Design and Development Institute (FDDI).

Under the 'Mega Leather Footwear and Accessories Cluster Development' sub-scheme, graded assistance is proposed for land development, social infrastructure, production facilities, and R&D (research and development) support. For brand promotion, support could be provided to promote at least 10 Indian brands in the international market. Further, under the component of 'Development of Design Studios', assistance could be given to develop 10 studios.