Textile Growth Programme

Last updated

The Textile Growth Programme is a programme in the United Kingdom funded by the European Union Regional Development Fund, designed to support and create jobs in the textile industry through grant aid. [1]

Recipients

Related Research Articles

In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction.

Economy of Nicaragua National economy

The economy of Nicaragua is focused primarily on the agricultural sector. Nicaragua itself is the least developed country in Central America, and the second poorest in the Americas by nominal GDP. In recent years, under the administrations of Daniel Ortega, the Nicaraguan economy has expanded somewhat, following the global recession of 2009, when the country's economy actually contracted by 1.5%, due to decreased export demand in the US and Central American markets, lower commodity prices for key agricultural exports, and low remittance growth. The economy saw 4.5% growth in 2010 thanks to a recovery in export demand and growth in its tourism industry. Nicaragua's economy continues to post growth, with preliminary indicators showing the Nicaraguan economy growing an additional 5% in 2011. Consumer Price inflation have also curtailed since 2008, when Nicaragua's inflation rate hovered at 19.82%. In 2009 and 2010, the country posted lower inflation rates, 3.68% and 5.45%, respectively. Remittances are a major source of income, equivalent to 15% of the country's GDP, which originate primarily from Costa Rica, the United States, and European Union member states. Approximately one million Nicaraguans contribute to the remittance sector of the economy.

Visegrád Group Cultural and political alliance in Central Europe

The Visegrád Group, Visegrád Four, V4, or European Quartet, is a cultural and political alliance of four countries of Central Europe, all of which are members of the EU and of NATO, to advance co-operation in military, cultural, economic and energy matters with one another and to further their integration to the EU.

Economy of Madagascar Economy of the country

The economy of Madagascar is a market economy and is supported by Madagascar's well-established agricultural industry and emerging tourism, textile and mining industries. Malagasy agriculture produces tropical staple crops such as rice and cassava, as well as cash crops such as vanilla and coffee. Madagascar's wealth of natural resources supports its sizable mining industry. Additionally, Madagascar's status as a developing nation exempts Malagasy exports from customs protocol in some areas, notably the United States and European Union. These exemptions have supported the growth of the Malagasy textile industry. Despite Madagascar's natural resources and developing industries, the 2009 Malagasy political crisis—considered by the international community to be an illegal coup—deterred foreign investments in Madagascar and caused the Malagasy economy to decline. Foreign investments have resumed following the resumption of elections in early 2014. At 2018, Madagascar is one of the world's fastest-growing economies.

Economy of Bangladesh National economy

The economy of Bangladesh is characterised as a developing market economy. It's the 37th largest in the world in nominal terms, and 31th largest by purchasing power parity; it is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest growing economy with a rate of 8.3% real GDP annual growth. Dhaka and Chittagong are the principal financial centers of the country, being home to the Dhaka Stock Exchange and the Chittagong Stock Exchange. The financial sector of Bangladesh is the third largest in the Indian subcontinent. Bangladesh is one of the world's fastest growing economies.

United Nations Development Programme Global development network of United Nations

The United Nations Development Programme (UNDP) is the global development network of the United Nations. It promotes technical and investment cooperation among nations and advocates for change and connects countries to knowledge, experience and resources to help people build a better life for themselves. The UNDP has an increasing emphasis to provide expert advice, training and grants support to developing countries, working on solution to global and national development challenges. However UNDP offers to help only if nations request it to do so.

University of Gloucestershire Public university in Gloucestershire, England

The University of Gloucestershire is a public university based in Gloucestershire, England. It is located over three campuses, two in Cheltenham and one in Gloucester, namely Francis Close Hall, The Park, Oxstalls and The Centre for Art and Photography being near to Francis Close Hall.

Economy of India National economy

The economy of India is characterised as a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP). From independence in 1947 until 1991, successive governments promoted protectionist economic policies with extensive state intervention and economic regulation, which is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2013 to 2018, India was the world's fastest growing major economy, surpassing China. Historically, India was the largest economy in the world for most of the two millennia from the 1st until the 19th century.

Alagappa College of Technology is an educational institution located in Chennai, Tamil Nadu, India that offers higher education in engineering, technology and allied sciences. The college was established in 1944 and was integrated with Anna University in 1978 from University of Madras as a constituent part of Anna University.

Dayanidhi Maran Indian politician

Dayanidhi Murasoli Maran is an Indian politician and one of the prominent members of Dravida Munnetra Kazhagam party. He was elected thrice as a Member of Parliament to Lok Sabha from Chennai Central constituency during the 2004 general elections, 2009 general elections & 2019 general elections.

The Framework Programmes for Research and Technological Development, also called Framework Programmes or abbreviated FP1 to FP9, are funding programmes created by the European Union/European Commission to support and foster research in the European Research Area (ERA). Starting in 2014, the funding programmes were named Horizon.

Ebrahim Patel South African politician

Ebrahim Patel is a South African cabinet minister, who holds the position of Minister of Trade, Industry and Competition. He previously served as Minister of Economic Development from 2009 to 2019.

The United Kingdom Space Agency (UKSA) is an executive agency of the Government of the United Kingdom, responsible for the United Kingdom's civil space programme. It was established on 1 April 2010 to replace the British National Space Centre (BNSC) and took over responsibility for government policy and key budgets for space exploration; it represents the United Kingdom in all negotiations on space matters. The Agency "[brings] together all UK civil space activities under one single management". It is based at the former BNSC headquarters in Swindon, Wiltshire.

International Growth Centre

The International Growth Centre (IGC) is an economic research centre based at the London School of Economics, operated in partnership with University of Oxford's Blavatnik School of Government.

The Manufacturing Advisory Service is a former government agency in England and Scotland that advised manufacturing companies.

The textile industry is the largest manufacturing industry in Pakistan. Pakistan is the 8th largest exporter of textile commodities in Asia. Textile sector contributes 8.5% to the GDP of Pakistan. In addition, the sector employs about 45% of the total labor force in the country. Pakistan is the 4th largest producer of cotton with the third largest spinning capacity in Asia after China and India and contributes 5% to the global spinning capacity. At present, there are 1,221 ginning units, 442 spinning units, 124 large spinning units and 425 small units which produce textile.

Creative Europe is a €1.46 billion European Union programme for the cultural and creative sectors for the years 2014–2020. The programme was approved by the European Parliament on 19 November 2013 and adopted by the European Council on 3 December 2013. It came into force on 1 January 2014. A total of 650 of the Members of the European Parliament (MEPs) voted in favour of the programme, with 32 against and 10 abstaining. In November 2020, the programme was renewed for other seven years (2021-2027) and its budget increased to 2.2 billion.

Startup India is an initiative of the Government of India. The campaign was first announced by Indian Prime Minister, Narendra Modi during his speech in 15 August 2015.

References

  1. "Textile Growth Programme". Business Growth Hub. Manchester: GM Business Support Ltd. 2014. Archived from the original on 28 October 2016. Retrieved 28 October 2016.