NEW DELHI: The government has set up an inter-ministerial committee of secretaries to look at a new export incentive scheme especially for the yarn and fabric sector in the wake of a 35% decline in cotton yarn exports in the first quarter of FY20.
Indian textiles minister Smriti Irani recently said 30,000 people in Meghalaya will be trained under the 'Samarth' scheme for apparel, textiles and handloom. While laying the foundation stone of the Integrated Textiles Tourism complex at Nongpoh in Ri-Bhoi district, she said Prime Minister Narendra Modi wants 54,000 state craftspersons to get benefited.
Coimbatore: Organic farmers from the state, whose practice has been certified by the Tamil Nadu Organic Certification Department (TNOCD), have traded produce worth Rs 92.39 lakh in the last financial year, said officials of the department.
A Bangladesh appellate court has accepted the agreement signed in May between the Accord Steering Committee and the Bangladesh Garments Manufacturers and Exporters Association (BGMEA) that has the endorsement of the government.
Bangladesh’s apparel exporters believe it is impossible for Indian businesses to import through Bangladesh from other countries to take advantage of duty concessions offered under a trade pact.
NEW DELHI: West Bengal FM Amit Mitra has expressed deep concern over the cases of GST frauds and has shot off a letter to union finance minister Nirmala Sitharaman calling for putting in place a robust reporting system to generate real time tax alerts on detection of any suspicious and fraudulent transactions.