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Gujarat textile industry expect budget to bring relief from current crisis

Related Keywords: Arun Jaitley, do away with anti dumping, excise duty, gujarat textile manufacturers, polyester, present full year budget, president Jitendra Vakharia, price relaxation in acquiring land, rise in raw material prices, simplify taxe, South Gujarat Textile Processors Association, tax cut in budget, Union Finance Minister

Union Finance Minister Arun Jaitley, who will present his first full year budget on February 28, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years, earlier this month Jaitley had said that the overall economic situation in the country is looking better and added that basic parameters of the Indian economy are moving in the right direction.

The Gujarat textile manufacturers are looking ahead to tax cuts in the Union Budget which will help the industry come out of its current crisis.

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