News Tags

Related Keywords: entire textile sector, industry can absorb the levy, Meeting held with textile minister Smriti Irani, MSME dominant nature, placed in the lowest slab of the GST, slender margins, Textile cluster, textile industry operating, Tirupur Exporters Association, without any significant impact on the business

At a meeting held with textile minister Smriti Irani in New Delhi, the Tirupur Exporters’ Association president Raja M Shanmugham said that because of its MSME dominant nature and the slender margins in which the textile industry was operating, the entire textile sector may be placed in the lowest slab of the GST so that industry can absorb the levy without any significant impact on the business.

Related Keywords: entire textile sector, garment and fibre, MGNREGA, Prime Minister Narendra Modi, rural job scheme, Santosh Gangwar, sericulture, Textile Minister

Textile Minister Santosh Gangwar had written to Prime Minister Narendra Modi soon after taking charge requesting him to link the entire textile sector, including garments and fibre, to MGNREGA, rural job scheme.

But, the Prime Minister’s Office has ruled out including the entire textile sector under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The scheme will link only specific sectors within the textile industry such as handicraft and handloom.