Related Keywords: dutydrawback rate, Indian textile industry, Textile Ministry
The Indian textile industry will have a major impact due to the decision of the European Union to give zero duty status to Pakistan. In order to overcome this situation, a proposal has been put forward to the government for increasing the duty drawback rate by the textile ministry.
Union Textile Minister Kavur Sambasiva Rao on Saturday said that it was a political decision by the EU, to help Pakistan, considering floods and various other problems being faced by that nation...,” he told reporters here on the sidelines of a convocation function.