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Implementation of IFLADP

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..... Implementation of IFLADP - News and Press Release Dated:- 26-6-2019 - News - The Central Government has approved implementation of Central Sector Scheme Indian Footwear, Leather Accessories Development Programme(IFLADP) with an approved expenditure of ₹ 2600 crore over the three financial years from 2017-18 to 2019-20. Sub-schemes under IFLADPare as stated below: Human Res .....

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..... ource Development (HRD) sub-scheme: HRD sub-scheme provides assistance for Placement Linked Skill Development training to unemployed persons @ ₹ 15,000 per person, for skill up-gradation training to employed workers @ ₹ 5,000 per employee and for training of trainers @ ₹ 2 lakh per person. Integrated Development of Leather Sector (IDLS) sub-scheme: IDLS sub-scheme incent .....

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..... ivizes investment and manufacturing including job creation by providing backend investment grant/subsidy @ 30% of the cost of new Plant and Machinery to Micro, Small Medium Enterprises (MSMEs) and @ 20% of the cost of Plant and Machinery to other units for modernization and technology upgradation in existing units and also for setting up of new units. Establishment of Institutional Faci .....

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..... lities sub-scheme: The sub-scheme provides assistance to Footwear Design Development Institute (FDDI) for upgradation of some of the existing campuses of FDDI into Centres of Excellence (CoEs) and establishing 3 new fully equipped skill centres alongside the upcoming Mega Leather Cluster. Mega Leather, Footwear and Accessories Cluster (MLFAC) sub-scheme: The MLFAC sub-scheme provides in .....

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..... frastructure support to the Leather, Footwear and Accessories Sector by establishment of Mega Leather, Footwear and Accessories Cluster. Graded assistance is provided upto 50% of the eligible project cost, excluding cost of land with maximum Government assistance being limited to ₹ 125 crore. Leather Technology, Innovation and Environmental Issues sub-scheme: Under this sub-scheme, .....

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..... assistance is provided for upgradation/installation of Common Effluent Treatment Plants (CETPs) @ 70% of the project cost subject to a limit of ₹ 200 crore. The sub-scheme also provides for support to national level sectoral industry council/ association and support for preparation of vision document for leather footwear and accessories sector. Promotion of Indian Brands in Leather .....

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..... , Footwear and Accessories Sector sub-scheme: Under this sub-scheme, the eligible units approved for Brand Promotion are assisted. The Government assistance is limited to 50% of total project cost subject to a limit of ₹ 3 crore for each brand, each year for 3 years. Additional Employment Incentive for Leather, Footwear and Accessories Sector sub-scheme: Under this scheme, employers .....

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..... ' contribution of 3.67% to Employees' Provident Fund for all new employees in Leather, Footwear and Accessories sector, are provided for enrolling in EPFO for first 3 years of their employment. To facilitate upgradation of infrastructure and job creation, assistance amounting to ₹ 65.24 crore has been provided for modernization/up-gradation of 171 leather and footwear unit .....

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..... s under Integrated Development of Leather Sector sub-scheme of IFLADP since 2017-18. Further, upgradation of seven FDDI campuses at Noida, Chennai, Hyderabad, Jodhpur, Patna, Kolkata and Rohtak into CoEs with total project cost of ₹ 129.62 crores has been approved under Establishment of Institutional Facilities sub-scheme of IFLADP. To address environment sustainability, u .....

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..... pgradation of 11 CETPs in Tamil Nadu with Government of India assistance of ₹ 354.53 crore has been approved under Leather Technology Innovation and Environment Issues sub-scheme of IFLADP. Under Mega Leather Footwear and Accessories Cluster sub-scheme of IFLADP, In-principle approval has been accorded to the project Setting up of Mega Leather Footwear and Accessories Cluster at Ca .....

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..... lcutta Leather Complex, Bantala, Kolkata. Under HRD sub-scheme of the IFLADP, following number of persons have been provided primary skill development training and placed during last three years: Year Training Target Persons Trained Persons Placed .....

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..... 2016-17 1,44,000 1,45,164 1,16,772 2017-18 1,44,000 94,232 71,125 2018-19* 1,70,000 89,904* .....

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..... 62,041 Total 4.34 Lakh 1,84,136 1,33,166 *Training ongoing. Leather sector has been identified as one of the focus sectors under Make in India programme of the Government of India. The implementation of IFLADP scheme wou .....

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..... ld lead to development of infrastructure for the leather sector, enhance production, address environment concerns specific to the leather sector, facilitate additional investments and generate employment. This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - ta .....

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..... xmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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