Related Keywords: AEPC, aimed at improving competitiveness, announced by the government, approval by the cabinet, Employee Unique Identification Number, generating higher number of jobs, improving production, labour reforms, Special textile package, textile exports, yet to take off in terms of creating jobs
The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher number of jobs through a string of labour reforms is yet to take off in terms of significantly creating jobs and improving production.
The apparel manufacturing, specific sub-sector within textiles targeted by the package, show that any significant rise in hiring is yet to happen under the new norms.
