Mar 16:The silk industry is one of the major employment generating sectors of the country. However, the employment generation data is not maintained centrally. The foreign exchange generated by the Indian silk industry during the last three years and the current year is given below:
Year | Foreign Exchange generated through Exports (Mn. US$) |
2018-19 | 291 |
2019-20 | 247 |
2020-21 | 198 |
2021-22(Till Dec-2021) | 211 |
Sericulture is an agriculture-based industry playing a vital role in the development of the rural economy of our country. High employment potential, high returns, regular income at fixed intervals, women-friendly & eco-friendly nature of the occupation, are some of the salient features of sericulture. Further, the domestic consumption and export of silk & silk goods also contribute to the economy.
Raw silk production, consumption, import, and export of silk in the country during each of the last three years and the current year are given below:
Year | Raw silk Production (MTs) | Import of Raw silk (MTs) | Consumption(MTs) | Export Earnings(Mn. US$) |
2018-19 | 35,468 | 2,785 | 38,253 | 291 |
2019-20 | 35,820 | 3,315 | 39,135 | 247 |
2020-21 | 33,770 | 1,804 | 35,574 | 198 |
2021-22(Till Dec-2021) | 26,587 | 1,377 | 31,620 | 211 |
This information was given by the Minister of State for Textiles Smt. Darshana Jardosh in a written reply in the Lok Sabha today.
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