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of <h1>Central Government Forms Textile Industry Development Council for Two Years to Boost Productivity and Competitiveness.</h1> The Central Government has established the Development Council for the Textile Industry for a two-year term, effective from the date of the order's publication. This council, formed under the Industries (Development and Regulation) Act, 1951, comprises various members, including representatives from the Reserve Bank of India, Ministry of Textiles, and other industry stakeholders. The council's functions include advising the government on enhancing productivity, efficiency, and competitiveness within the textile industry, as well as suggesting measures for technological upgrades, resource availability, workforce training, research, product standardization, and data collection for economic planning.
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