Related Keywords: boost employment in the garment segment, Budget for textiles. Budget outlay for remission of state levies, decrease in Customs duty, garments and made-ups segment of textiles, greatly benefit exports, nylon mono filament yarn, PM Paridhan Rojgar Yojna, Smriti Irani, thanked for more than six crore provision, Union Minister
Union Minister Smriti Irani thanked for the Rs 6,226.50 crore provision in the Budget for textiles. She further added that the Rs 1,555-crore outlay in the Budget for remission of state levies will “greatly benefit" exports in the garments and made-ups segment of textiles.
Irani said that for the first time, the Budget has provided Rs 200 crore under PM Paridhan Rojgar Yojna to boost employment in the garment segment.
The decrease of 2.5 percent in Customs duty on nylon mono filament yarn will have a positive impact on the fishing net export market.
