Last week, the Senate charged the Federal Government to ban importation of textiles into the country for a period of five years to encourage local production just as Taiwo Hassan looks at the impact of Central Bank of Nigeria (CBN)’s N100 billion intervention on the project.
As per the panel recommendations, India needed to withdraw the "prohibited subsidies" under the EOU/EHTP/BTP Schemes, EPCG Scheme, and MEIS, within 120 days.
COIMBATORE: The second edition of Weaves— a textile fair organised by the Confederation of Indian Industries and Texvalley -- will be held in Erode from November 27 to 30.
Union Minister Nitin Gadkari said that India will need skilled manpower in diverse fields to achieve the targeted $5 trillion economy.
An export promotion body on Monday suggested the government bring out a separate policy for micro, small and medium enterprises (MSMEs) to address their problems.
The second edition of south India's premier textile fair "WEAVES" to be held from November 27 in Erode in Tamil Nadu is expected to generate a business of Rs.1,000 crore as against Rs 500 crore last year, organisers said on Tuesday.