The Ministry of Commerce recently announced that the Indian Footwear and Leather Development Programme (IFLDP) is to continue from 2021-22 till 2026. The programme is to be implemented at a cost of Rs 1,700 crores.

What is IFLDP?

IFLDP will develop infrastructure for leather sector. It will facilitate additional investment. It will increase the production of leather goods. The programme will provide employment opportunities.

What is the plan?

• The programme will provide Rs 500 crores of financial for technological up gradation. The sectoral units shall use this amount for their modernisation.
• Also, the programme will provide Rs 100 crores of financial assistance for developing design studios. What will the design studios do? They will facilitate buyer – seller meet, promote export linkages, organize trade fairs, and display the designs to the international buyers. Over all, the studios will work as an interface between the buyers and sellers.

What are the sub schemes approved under the programme?

• Establishment of institutional facilities
• Sustainable technology and environmental promotion
• Establishment of institutional facilities
• Brand promotion
• Mega Leather Footwear and accessories cluster development
• Development of design studios

By: Brijesh Kumar