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Related Keywords: additional grant of 10 percent interest, bank loans, Bihar state, earmarked land tract of 115 acres, incentives, invest in Bihar, land registration exemption, leather, outskirts of capital Patna, promote textiles, proposed park forms part of the state policy, readymade garment producers, set up an apparel and textiles park

Bihar state has earmarked a land tract of 115 acres in Bihta on the outskirts of capital Patna to set up an apparel and textiles park. The proposed park forms part of the state policy to promote textiles, leather, information technology and food processing, this was recently announced by the state deputy chief minister Sushil Kumar Modi.

Modi was speaking after the inauguration of a three-day fair organized by the Bihar Readymade Garments Association.

Related Keywords: Assam and North Eastern region, Centre to promote and expand, contributes about 21 percent, eri, eri and tasar, for muga, incentives, muga, mulberry, mulberry sericulture, produces varieties of silk, sanctioned 24 sericulture projects, Silk Board provides subsidies, silk industry, six integrated sericulture projects, total silk production

Assam and the North Eastern region produces all four commercially exploited varieties of silk – mulberry, muga, eri and tasar which contributes about 21 percent of the total silk production in the country. The Centre to promote and expand the silk industry has sanctioned a total of 24 sericulture projects.

Related Keywords: complaints from industry, Directorate general of Foreign Trade, discussions with Commerce Ministry, incentives, largest employment generator, low skilled workers, Merchandise Export Incentive Scheme, Textile Ministry, textile sector, yarn and fabric sector

The textile sector is the largest employment generating sector of India, especially for low-skilled workers, and needs to be supported. The Textiles Ministry held preliminary discussions on the matter related to textile industry with officials in the Commerce Ministry and the Directorate General of Foreign Trade. They have forwarded all the complaints received from the industry. The Secretaries from the two ministries are also in touch.

Related Keywords: Bangladesh textile industry, incentives, specialized textiles

Bangladesh textile industry faces a stiff competition from Pakistan, China, India and some other cotton producing countries. As an encourage to this sectors and to keep the home textile and specialised textile sectors afloat, the government has decided to provide various types of incentives, as export earnings from the two areas were on constant decline.

As Bangladesh is dependent on import of cotton, they see no other options but to provide incentives to keep the sectors competitive in the global market, said vice chairman of the Export Promotion Bureau (EPB) Shubhashish Bose.