'There is no immediate threat to the government, and they would prefer the growth agenda.'
The government has committed Rs 1,000 crore (Rs 10 billion) for development of 25 textile and apparel production centres throughout India in next three years.
The central government has revised its guidelines for the textiles centre infrastructure development scheme by hiking the central assistance component to 100 per cent from 50 per cent to widen its scope and speed up implementation of the scheme.
Finance Minister Arun Jaitley more than halved the central government's financial support.