YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Rs 1,555 crore budget outlay to benefit garment exports

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.

Odisha govt asked to submit its textile park plan

Related Keywords: Design sutra, developing Raghurajpur, help art and artisans, model crafts village. incubation centre, national workshop, NIFT, Odisha, promotion of handloom and fashion, proposal for textile park, Santosh Kumar Gangwar, Textile Park, Textile rich states, Union Minister

Almost all textile-rich States in India have textile parks except Odisha. Considering the potential that the industry has in the State, the Ministry is keen on setting up a textile park here that would help the arts and its artisans, the Union Textile Minister, Santosh Kumar Gangwar said after inaugurating ‘Design Sutra’, a national workshop on promotion of handloom and fashion at National Institute of Fashion Technology (NIFT) in the Capital City.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button