textile sector
Textile sector seeks adequate budget funds for export schemes, disbursal
The last budget had considerably reduced the allocation for the textile sector.
Union Budget 2019: Textiles, apparel industry allocation drops by 30 per cent
In the present Budget, the grant for textile and apparel is budgeted at Rs 4,8318 cr
GST effect: Hundreds of thousands laid off despite growth
Complexities of GST have driven many small enterprises out of business and forced hundreds of thousands out of jobs.
Exports in Feb up 4.5 pc to USD 25.8 bn; trade deficit narrows
Exports growth rate has been steadily declining since November 2017 when it touched a high of 30.5 per cent.
India can become one-stop sourcing destination for ASEAN: Smriti Irani
She said there exists an opportunity for India to attract textile manufacturers of ASEAN nations to invest in manufacturing in India.
FDI in textiles rose 3 times in last 2 years: Smriti Irani
Textile minister asserted that the country's man-made fibre sector can soon look forward to good news.
FDI in textiles doubled to $619 million in 2016-17
Textile exports during 2016-17 too rose to USD 36 billion from USD 23.9 billion in the previous financial year.
Jaitley rules out lowering GST rate for textiles sector
GST rate structure for the textiles sector enables ease of classification and determination of rate.
Lower GST on job work of textile yarn to help SMEs: CITI
A job work involves a manufacturer sending goods out of factory for specialised processing job.
Textile products to cost more after GST
The GST Council on Saturday fixed 5 per cent rate on cotton fibre, yarn and fabric, which attract zero duty at present.