CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Government has approved the continuation of the IFLDP for 2021-2026. How much amount of outlay has been approved for this programme?

A	Rs 1700 cr
B	Rs 3000 cr
C	Rs 5100 cr
D	Rs 2600 cr

Explanation:

Detailed explanation-1: -Indian Footwear and Leather Development Programme (IFLDP) (erstwhile IFLADP) has been approved for continuation from 2021-22 with an approved financial outlay of Rs. 1700 crore.

Detailed explanation-2: -The IDLS or Integrated Development of Leather Scheme is an initiative from the Government of India. It was launched by the Department of Industrial Policy and Promotion (DIPP) in December 2017.

Detailed explanation-3: -The primary objective of this scheme is to upgrade the technology and production of the leather manufacturing industry. It is also aimed at encouraging entrepreneurs to set up and diversify new units in various areas as specified by the Government.

Detailed explanation-4: -Ministry of Commerce & Industry has approved the continuation Indian Footwear and Leather Development Programme (IFLDP) with an outlay of Rs. 1700 Crore till 31.03. 2026.

Detailed explanation-5: -Brand Promotion of Indian Brands in Footwear and Leather Sector Scheme is a sub-scheme of the Indian Footwear and Leather Development Programme (IFLDP). The DPIIT has recently announced that IFLDP has been approved for continuation till March 31, 2026.

There is 1 question to complete.