The union government which has been dragging its feet in establishing a Railway Division Office in Kalaburagi, sanctioned by Mallikarjun Kharge when he was the Minister of Railways, has given a shock to the people of Kalyana Karnataka by cancelling a Rs 52-crore Gulbarga Textile Park sanctioned in November 8, 2011, under the Scheme for Integrated Textile Park.
Egypt’s parliament recently approved a draft law submitted by the government to authorise the minister of finance to guarantee that the state-run Cotton & Textile Industries Holding Co would fulfil its financial obligations to the Swiss SERY and the Italian SACE agencies. The approval allows the firm to receive a €540-million funding to buy equipment.
As of mid-August, the Asian country will have to apply charges on exports of certain clothing and footwear products.
The Indian Texpreneurs Federation and the Federation and Tirupur Exporters Association on Tuesday proposed a meeting of domestic, MNC brands and organised retailers to create a platform with SME textile and apparel manufacturing units in Tamil Nadu.
Overtaking all the smart cities that have been lauded as best performing cities in the state during its review meetings, the Tirupur smart city had grabbed third place in the best performing smart cities.
NEW DELHI: Union Finance Minister Nirmala Sitharaman on Tuesday said that in a bid to boost exports, the Central government has taken several steps including a tax refund scheme and enhanced credit to exporters.