Related Keywords: all kind of textile fabrics (cotton fabrics, blended fabrics and also Man made fibres based fabrics), Commerce Ministry, eligible for two percent MEIS benefit, expanded current incentive scheme for exporters, greater number of markets, include more products, includes textile items, increased the incentive amount, MEIS amended
The Commerce Ministry has expanded the current incentive schemes for exporters to include more products, greater number of markets and, in some cases, has also increased the incentive amount. The additional items that have been included in the Merchandise Exports from India Scheme (MEIS) are textile items, according to an official release.
The Indian Texpreneurs Federation, a body of spinners in the region, today welcomed the commerce ministry's announcement amending the Merchandise Exports from India Scheme (MEIS), saying the move would help ease some pressure and boost exports.