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Union Budget 2018 welcomed by Texprocil

Related Keywords: Chairman Shri Ujwal Lahoti, Cotton Textiles Export Promotion Council, cover fabrics also under the ROSL scheme, growth oriented and all inclusive, increased funds allocated for textile sector, pragmatic, Texprocil, welcoming budget

The Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Shri Ujwal Lahoti welcoming the budget said that it is pragmatic, growth oriented and all inclusive. Shri Lahoti expressed hope that the increased funds allocated for the textile sector will cover fabrics also under the ROSL scheme.

The Government had approved a comprehensive textile sector package of Rs. 6000 crore in 2016 to boost the apparel and made-up segments. The Budget has provided an outlay of Rs. 7148 crore for the textile sector in 2018-19.

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