Tag: nirmala sitharaman
NITMA hails cotton duty relief and seeks GST rationalisation in MMF
The exemption covers 5 per cent customs duty, 5 per cent Agriculture Infrastructure and Development Cess (AIDC), and 1 per cent additional cess, offering much-needed ... Read More
Banking Big on Cotton
With the government’s Rs 6 billion investment in the cotton sector and its push to enhance ELS cotton cultivation through advanced science and technology, Divya ... Read More
Nirmala Sitharaman: Extra long staple cotton production to get a boost
India heavily relies on imports for ELS cotton, which has fibre lengths exceeding 35 mm and is widely used in the production of premium-quality fabrics. ... Read More
Economic Survey 2024-25 highlights balanced growth prospects for India
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers. Nirmala ... Read More
GST GoM suggests rate changes for 148 items, textile sector braces for overhaul
The proposed changes are expected to be revenue-positive and are likely to be discussed at the upcoming GST Council meeting on December 21. The GST ... Read More
SIMA urges 11% import duty exemption for off-season cotton
This exemption was also granted during the 2021-22 cotton seasons. Dr SK Sundararaman, Chairman, Southern India Mills’ Association (SIMA), has urged the Government to consider ... Read More
CPI urges Centre to extend PM MITRA scheme to Puducherry
The party also informed the Finance Minister about the non-payment of salaries to numerous workers in government-run cooperative societies. The Communist Party of India (CPI) ... Read More
