Tag: union budget 2021

NITMA pleads for quick action on ADD on viscose yarn

admin- February 11, 2021

President NITMA, Sanjay Garg pleads for quick notification on ADD on Viscose Spun Yarn originating from Indonesia, Vietnam and China, as recommended by DGTR vide ... Read More

India imposes duty on cotton imports

admin- February 8, 2021

On February 1, Nirmala Sitharaman, Union Finance Minister of India introduced the Indian budget for the financial year 2021-22. Read More

NITMA welcomes budget announcement for textile sector

admin- February 2, 2021

Sanjay Garg, President NITMA , welcomed the proposal of Union Budget 2021-22 as the grant to textile and clothing sector is budgeted at Rs 3,631.64 ... Read More

10% import duty on cotton – a severe blow: SIMA

admin- February 1, 2021

10 per cent import duty on cotton is a severe blow for cotton textile value chain. SIMA appeals PM for withdrawal. Read More

Budget for AtmaNirbharta: FM Nirmala Sitharaman

admin- February 1, 2021

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in parliament today, which is the first budget of this ... Read More

Union Budget 2021-Key announcements for textile sector

admin- February 1, 2021

Finance Minister Nirmala Sitharaman began her 2021 budget speech in New Delhi with a quote by Rabindranath Tagore. FM Sitharaman said, "Faith is the bird ... Read More

NITMA appeals 10% custom duty on manmade yarns

admin- January 25, 2021

Sanjay Garg, President, NITMA appealed for the urgent need of raising custom duty on manmade yarns from the current 5 per cent to 10 per ... Read More

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