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Ponduru khadi in Srikakulam to be promoted: FM
According to Nirmala Sitharaman, Union Minister, Finance, she should get in talks with the ministry to textiles so that it can explore the possibility of establishing a textile cluster in the Srikakulam district.
Tirupur Exporters Association seeks financial relief
The Tirupur Exporters Association (TEA) has reached out to Nirmala Sitharaman, Union Finance Minister, for financial measures, like schemes and extensions, to help the apparel industry escape its current crisis state.
NITMA welcomes budget announcement for textile sector
Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 crore which is about 10 per cent higher than previous year’s revised budget of Rs 3,300 crores in 2020-21.
Union Budget 2021-Key announcements for textile sector
Finance Minister Nirmala Sitharaman began her 2021 budget speech in New Delhi with a quote by Rabindranath Tagore. FM Sitharaman said, "Faith is the bird that feels the light and sings when the dawn is still dark.”
Budget for AtmaNirbharta: FM Nirmala Sitharaman
The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis.
TexMin extends RoSCTL scheme beyond March 2020
The Ministry of Textiles has issued a notification extending the Scheme of Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL), which was in force up to March 31, 2020.
RoDTEP to replace MEIS among sops for export
As part of her third stimulus package for the economy, Finance Minister Nirmala Sitharaman unveiled a set of stimulus measures to boost exports and the housing sector.
US-India ties in technical textiles
Bilateral collaboration and technical exchanges between United States and India in technical textiles are planned as a part of the United States and India strategic and commercial cooperation. The US Secretary of State John Kerry and US Commerce Secretary, Penny Pritzker welcomed India´s External Affairs Minister, Sushma Swaraj