MARKET & ECONOMY​

The Government will start trend forecasting for textiles sector soon, using commercial intelligence to determine what could be in vogue in near future, as India gears up to influence global fashion trends.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved continuation of the Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) beyond 12th Plan for three years from 2017-18 to 2019-20.