HÀ NỘI — Việt Nam’s textile and garment industry was likely to reach its target of US$40 billion in export turnover this year despite facing difficulties in some markets.
The evening’s crawling rush hour traffic came to a complete halt in Kazipara in Dhaka as hundreds of garments workers, most of whom are women, got out of their factories at the end of their shifts.
NEW DELHI : Goods and services tax (GST) collections by the central and state governments fell 5.3% year-on-year to ₹95,380 crore in October, but saw a 3.8% improvement over September collections, the finance ministry said.
The Karnataka cabinet yesterday cleared the ‘New Textile & Garment Policy 2019-2024’ that aims to attract investments worth ₹10,000 crore, generate over five lakhs jobs and make the state a leading player in the sector, state minister for law and parliamentary affairs JC Madhuswamy announced.
Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank to facilitate a cashless, paperless and transparent payment system on the portal and create an efficient procurement system for government entities.
The New Foreign Trade Policy (2020-25) is likely to be in place with alternative schemes by the time some existing ones are withdrawn