New Delhi: The Confederation of Indian Textile Industry on Monday said the government should extend benefits of RoSCTL scheme, which presently covers apparel and made-up segments, to yarn and fabric as well to boost their export competitiveness.
RBI Deputy Governor N S Vishwanathan said that India’s banking reforms will be globally compliant, yet tailored to local needs.
Defence Minister Rajnath Singh on Tuesday said that the Technology Development Fund (TDF) Scheme will encourage MSMEs to take part in defence manufacturing.
The Indian cotton-spinning sector is in dire straits and is facing a crisis not seen in the past one decade, according to an apex body representing the industry.
‘The space vacated by China is largely occupied by the least developed countries’.
Commerce, Textiles Ministries promise support; exporters hope rebate on taxes will be extended to the sectors.