Archive · 19 Jan 2026

Govt raises Central Silk Board approval limit to ₹1 crore

Govt raises Central Silk Board approval limit to ₹1 crore

The Indian government has increased the amount of money the Central Silk Board can approve for projects from ₹50 lakh to ₹1 crore.

This change is meant to help the board make decisions faster and avoid delays.

The silk industry is important because it employs nearly 10 million people and helps the country earn money from exports.

The board will now be able to approve bigger projects on its own, which should help improve the quality and production of silk.

This is expected to make India's silk more competitive in the global market.

Sources