The possibility of attracting investments in Goa to set up technical textile production units is being explored, Union Minister for Textiles Smriti Irani said during an event in Goa.
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M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has highly appreciated and thanked the concerted and constant efforts made by Union Textile Minister, Smriti Zubin Irani for fully understanding the needs of the industry and persuading the Finance Minister and Prime Minister to classify the entire cotton textile value chain under 5 per cent GST rate.
The textile industry is expected to have a uniform GST rate, says Union Textile Minister Smriti Irani. She disclosed during a recent conference and assured there would be neutrality in the rate.
Union Textile Minister Smriti Irani announced that the government has increased subsidy by 30 per cent for upgradation of powerloom sector and for the benefit of small weavers
The Union Textiles Minister Smriti Irani unveiled a Mudra portal recently that will enable banks to deposit financial assistance to handloom weavers in electronic mode and credit the loan directly to their accounts.
The Ministry of Textiles has introduced a dashboard for Integrated Skill Development Scheme (ISDS) hosted on the NIC cloud to bring more transparency into the system.
The Textiles Minister Smriti Irani presented the AEPC Export Awards 2015-16 in 22 categories. The awards were divided into multiple categories and the key awards were given to Shahi Exports, Orient Craft, Gokaldas Exports, (Bangalore).