Related Keywords: budget beneficial for companies of big brands, did not mention about textile industry, not common entrepreneurs doing business for decades, powerloom modernization programme, rescue the industry from recession, second largest employment provider, seeking incentives from government to boost export, technical textile industry, Union budget
The Union Budget presented by finance ministry Arun Jaitley on 29 February did not mention about the textile industry, which is the second largest employment provider in the country after the agriculture sector, over which experts were surprised and said that the budget is beneficial for companies of big brands instead of the common entrepreneurs who have been doing business for decades.