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Govt extends RoSCTL till Mar 2024; Industry hails the decision
The Union Cabinet, chaired by the Prime Minister, on July 14, 2021, gave its approval for continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme with the same rates till March 31, 2024 for the exports of apparel garments and made-ups.
Ministry of Textiles signs MoU with Nissenken
A formal Memorandum of Understanding (MoU) signing ceremony was held between Textiles Committee, Ministry of Textiles, Government of India and M/s Nissenken Quality Evaluation Centre Japan, through video conferencing on 27th January 2021.
PLI scheme a shot in the arm for MMF & tech textiles
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.
Rs 2,600 cr package for leather & footwear industry unveiled
Union Minister Suresh Prabhu unveiled the Central government’s Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs and formalising another two lakh in the next three years.
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