Related Keywords: cotton ginning, credit linked subsidy, given thirty five percent capital subsidy, Maharashtra government, not linked to bank loans, policy decision, power loom and other textile-related units twenty five percent, processing and printing unit, provide subsidy to textile owners, spinning mills, technical textiles and composite units thirty percent
Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government has decided to provide capital subsidy which would be delinked from bank loans. Spinning mills, cotton ginning, processing and printing units would be given 35% capital subsidy; technical textiles and composite units 30%; and power loom and other textile-related units 25%.
