Assam Chief Minister Sarbananada Sonowal on Friday said the Micro, Small and Medium Enterprises (MSME) sector has a crucial role to play in making India a five trillion dollar economy by 2024.
The Hindu has accessed a presentation made by NITI Aayog CEO Amitabh Kant to the Standing Committee on Finance; 12.4% growth needed to achieve the figure, Mr. Kant said.
Commenting on the series of announcements made by the government following the cabinet meeting recently, industry body FICCI President Sandip Somany welcomed the moves.
The total amount of foreign direct investment (FDI) capital invested into Vietnam’s textile, dyeing, and garment industry has crossed $19 billion during the last 30 years involving 1,383 projects, according to the Vietnam Textile and Apparel Association. South Korea led the countries with a registered capital of $4,798 billion invested in 464 projects.
Ninety per cent of garment workers in Bangladesh will be brought under the digital wage system by 2021 as part of a government initiative.
Mumbai: Recent Maharashtra Pollution Control Board (MPCB) data has found the textile and sugar industries in the state as most polluting. More than half of the textile industries analysed have got a rating of three stars or below (polluting to heavily polluting).