Promotion of Indian Handicrafts
President Droupadi Murmu urged stakeholders to obtain a GI tag for unique products to enhance identity and credibility both nationally and internationally. There is a global demand for Indian handicrafts, presenting significant progress opportunities in this sector.
Importance of the Handicrafts Sector
- Provides a significant opportunity for young entrepreneurs and designers to establish enterprises.
- Handicrafts are a part of cultural identity and an important livelihood source, employing over 3.2 million people.
- Most employees reside in rural or remote areas, promoting inclusive development and decentralizing employment and income.
- Significant for social empowerment, supporting traditionally weaker sections and promoting women's empowerment, with women comprising 68% of the workforce.
Sustainability and Economic Impact
- Relies on natural and local resources, making the industry eco-friendly with a low carbon footprint.
- Aligns with global emphasis on eco-friendly and sustainable lifestyles.
Government Initiatives
- One District One Product (ODOP) initiative is enhancing the international recognition of regional handicrafts.
- Recent GST rate reduction from 18% to 5% benefits the sector.
Export Goals
Textiles Minister Giriraj Singh announced a government target of Rs 1 lakh crore in exports of handicraft products by 2031-32.