TEA Appeals for Revision in Interest Subsidies
The Tiruppur Exporters’ Association has appealed to the government to enhance the Interest Subsidy on Packing Credit to 5%. Currently, a 3% per cent interest...
Tag : subsidy
ATUFS To Get Rectified: Will Work On Incentives To Machinery Manufacturers
The Union Budget proposes Rs. 650 crore allocation for ATUFS for 2022-23. The Union Textile Ministry has drafted a new Technology Upgradation Fund Scheme, which will...
1 crore job cuts likely in textile industry without govt support:CMAI
With around 80 per cent of the garment industry mostly micro, small and medium enterprises, CMAI, which has around 3,700 members employing over 7 lakh...
Industry Diverting Towards Jharkhand
An analysis of how things have changed in last five years Textile hubs like Mumbai, Bangalore, Delhi, NCR and Chennai, once boasted of having thousands...
Textile units want Rs. 2 per unit power incentive
Madhya Pradesh Textile Mills Association has demanded power at Rs. 2 per unit incentive to existing textile units to aid them operate and compete in...
Karnataka’s New Textile & Garment Policy 2019-24 to attract ₹10,000 crore investments
Karnataka ‘New Textile & Garment Policy 2019-2024’ aims to attract ₹10,000 crore investments and create over five lakhs jobs. The Minister for Law and Parliamentary...