The textile and apparel sector serves as a crucial pillar of India's economic framework, contributing approximately 2.3% to the country's GDP and employing over 45 million people directly (1). Micro, Small, and Medium Enterprises (MSMEs) constitute nearly 80% of this sector's production base, making them vital for economic growth and employment generation (2). This research examines the comprehensive landscape of government financial support schemes specifically designed for MSMEs in the textile and apparel industry. Through analysis of secondary data and policy documents, this study identifies key financial mechanisms including the Production-Linked Incentive (PLI) scheme, PM MITRA parks, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), and various state-level initiatives. The research reveals that while multiple schemes exist with a combined outlay exceeding ₹2 lakh crore, implementation challenges and awareness gaps persist. The findings indicate that strategic utilization of these schemes could potentially attract over ₹19,000 crore in fresh investments and create more than 7.5 lakh direct employment opportunities (3). The study recommends enhanced coordination between central and state governments, simplified application processes, and targeted awareness campaigns to maximize scheme effectiveness for MSME growth in the textile sector..
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