Govt to Provide Duty Relief on Textiles through FTAs

Govt to Provide Duty Relief on Textiles through FTAs

Union Minister Piyush Goyal said the government is making efforts towards gaining access to new markets and getting concessional duties on textile products through free-trade agreements.

New Delhi

The Government of India is making efforts towards gaining access to new markets and getting concessional duties on textile products through free-trade agreements (FTAs), according to Union Minister Piyush Goyal.

Interacting with textiles associations, the Minister for Textiles and Commerce and Industry shared that in all the ongoing negotiations with major countries like the UK, the UAE, Canada, the European Union and Australia, there is a special focus on getting concessional duties for textile products.

Goyal also thanked the prime minister for the decision to defer the increase of GST slab from five per cent to 12 per cent for the textiles sector while addressing the All India Textiles Association, according to an official statement.

He stated that the prime minister also expressed his gratitude to the textiles leaders who remain connected with the ministry with all their grievances regarding raising the GST slab in MMF (manmade fibre) segment.

Referring to the production-linked incentives scheme for textiles, he said PLI will increase the global footprint of India in manmade fibre and technical textiles.

He added that the Rs 10,683-cr PLI scheme will create 7.5 lakhs direct jobs.

Goyal also said approval for seven PM Mega Integrated Textile Region & Apparel (PM-MITRA) Parks will attract cutting-edge technology and investment, and generate around one lakh direct and two lakh indirect employment per park.

He added that textiles exports increased 45 per cent to USD 16.7 billion in April-November 2021 with respect to the same period in April-November 2019.

Source: Business Standard

Image Source: Google Images

Also Read:

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (47)
  • comment-avatar

    Appreciate the recommendation. Let me try it out.

  • comment-avatar

    Hey there! Do you know if they make any plugins to help
    with Search Engine Optimization? I’m trying to get
    my blog to rank for some targeted keywords but I’m not seeing
    very good success. If you know of any please share. Cheers!

  • comment-avatar

    prescription allergy medicine list allergy pills without antihistamine how long do antihistamines take to work

  • comment-avatar

    online doctor for insomnia brand modafinil

  • comment-avatar

    buy prednisone 5mg generic prednisone 5mg price

  • comment-avatar

    prescription medicine for stomach cramps glimepiride 1mg oral

  • comment-avatar

    strongest topical body acne medication brand omnicef 300 mg acne treatment for teens dermatology

  • comment-avatar

    strongest sleeping pills online phenergan 25mg canada

  • comment-avatar
  • comment-avatar

    best allergy medicine for adults purchase albuterol without prescription buy ventolin 4mg inhaler

  • comment-avatar

    cost amoxil 250mg purchase amoxil pills amoxicillin tablets

  • comment-avatar

    Spot on with this write-up, I truly believe this site needs much more
    attention. I’ll probably be returning to read more,
    thanks for the advice!

  • comment-avatar

    buy synthroid medication purchase levothroid generic levoxyl over the counter

  • comment-avatar

    how to get omnacortil without a prescription cheap prednisolone omnacortil tablets

  • comment-avatar

    cost lasix 100mg lasix cost lasix brand

  • comment-avatar

    sildenafil usa order sildenafil for sale viagra 100mg pills for men

  • comment-avatar

    hydroxychloroquine cost hydroxychloroquine 200mg cheap buy hydroxychloroquine 400mg without prescription

  • comment-avatar

    buy triamcinolone 10mg sale buy triamcinolone 4mg generic buy aristocort generic

  • comment-avatar

    buy desloratadine pills for sale order clarinex 5mg generic cost clarinex

  • comment-avatar

    buy cheap generic cenforce cenforce usa cenforce cost

  • comment-avatar

    claritin generic order generic claritin order loratadine online

  • comment-avatar

    dapoxetine 30mg drug order cytotec 200mcg generic order misoprostol

  • comment-avatar

    buy metformin 500mg online cheap glycomet 500mg for sale order glycomet 500mg for sale

  • comment-avatar

    buy generic orlistat 60mg purchase orlistat generic diltiazem 180mg generic

  • comment-avatar

    acyclovir medication allopurinol price buy generic zyloprim

  • comment-avatar

    buy norvasc generic amlodipine medication amlodipine canada

  • comment-avatar

    crestor 20mg uk crestor 20mg pill order ezetimibe online

  • comment-avatar

    zestril order order lisinopril 5mg pills order zestril 2.5mg pill

  • comment-avatar

    Наша бригада профессиональных исполнителей приготовлена подать вам актуальные технологии, которые не только гарантируют долговечную защиту от холодильности, но и преподнесут вашему собственности трендовый вид.
    Мы занимаемся с новыми составами, подтверждая долгосрочный срок службы работы и блестящие итоги. Изоляция облицовки – это не только сбережение на прогреве, но и заботливость о экологической обстановке. Энергосберегающие технические средства, какие мы претворяем в жизнь, способствуют не только своему, но и сохранению природной среды.
    Самое важное: [url=https://ppu-prof.ru/]Утепление фасада цена за 1 м2 москва[/url] у нас составляет всего от 1250 рублей за кв. м.! Это бюджетное решение, которое сделает ваш жилище в подлинный уютный местечко с скромными тратами.
    Наши проекты – это не просто изолирование, это создание площади, в где каждый элемент отражает ваш персональный образ действия. Мы примем во внимание все ваши пожелания, чтобы переделать ваш дом еще более теплым и привлекательным.
    Подробнее на [url=https://ppu-prof.ru/]https://ppu-prof.ru/[/url]
    Не откладывайте занятия о своем корпусе на потом! Обращайтесь к специалистам, и мы сделаем ваш обиталище не только тепличным, но и стильным. Заинтересовались? Подробнее о наших предложениях вы можете узнать на сайте компании. Добро пожаловать в обитель комфорта и качественного исполнения.

  • comment-avatar

    toradol 10mg us buy ketorolac online order colchicine pill

  • comment-avatar

    methylprednisolone 4 mg online methylprednisolone 4 mg without prescription where can i buy depo-medrol

  • comment-avatar

    order inderal 10mg sale clopidogrel sale plavix 150mg without prescription

  • comment-avatar

    buy methotrexate without prescription coumadin over the counter order medex without prescription

  • comment-avatar

    … [Trackback]

    […] Find More Information here to that Topic: indiantextilejournal.com/govt-to-provide-duty-relief-on-textiles-through-ftas/ […]

  • comment-avatar

    buy mobic 7.5mg for sale how to buy meloxicam buy celebrex sale

  • comment-avatar

    order metoclopramide 20mg sale metoclopramide 20mg sale purchase hyzaar online cheap

  • comment-avatar

    esomeprazole for sale online purchase topiramate pills buy generic topamax over the counter

  • comment-avatar

    where can i buy flomax buy celebrex 200mg online buy celecoxib 100mg

  • comment-avatar

    sumatriptan cheap order sumatriptan 50mg online levaquin online buy

  • comment-avatar

    simvastatin over the counter purchase simvastatin sale oral valtrex 500mg

  • comment-avatar

    dutasteride price brand ranitidine 300mg zantac price

  • comment-avatar

    proscar cheap order diflucan 200mg sale purchase fluconazole pill

  • comment-avatar

    acillin cost vibra-tabs order online buy cheap amoxil

  • comment-avatar

    ciplox ca – purchase doxycycline generic erythromycin ca

  • comment-avatar

    generic lasix 40mg – prograf 1mg pill buy captopril medication

  • comment-avatar

    where can i buy stromectol – order levaquin 500mg pill order cefaclor capsules

  • comment-avatar

    buy methylprednisolone uk – fml-forte oral astelin 10ml cheap

  • Disqus ( )