In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
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The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector. The rebate shall be given under the Scheme for rebate of State levies on export of garments in 2016. The scheme will come into effect from September 20, 2016 and will remain in operation for a period of three years.
The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector.
The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector.
The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector.
The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector. The rebate shall be given under the Scheme for rebate of State levies on export of garments in 2016. The scheme will come into effect from September 20, 2016 and will remain in operation for a period of three years.
The Union Ministry of Textiles has notified the rebate of State levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector. The rebate shall be given under the Scheme for rebate of State levies on export of garments in 2016. The scheme will come into effect from September 20, 2016 and will remain in operation for a period of three years.