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Still curious as to why the fashion industry is so worked up about sustainability all of a sudden? It might have something to do with this: a recent study from the Environmental Protection Agency found that textile waste is up over 800-percent since 1960.

NEW DELHI: The commerce and industry ministry has floated a cabinet note for a new export incentives scheme that would be compliant with the World Trade Organization (WTO) norms. 

Q. My query is regarding circular No. 16/2019-Customs dated June 17, 2019. I understand large numbers of exporters have been put on alert by RMCC subject to 100 per cent mandatory examination of export consignment relating to risky exporters. What are the criteria to identify risky exporters? Please advise remedial measures for exporters.

India's export incentive scheme called Merchandise Exports from India Scheme (MEIS) will be scrapped and replaced with a new duty refund scheme called Rebate of State and Central Taxes and Levies (RoSCTL).

The commerce ministry has circulated a Cabinet note to phase out the flagship Merchandise Exports from India Scheme (MEIS) and move to a more WTO-compatible regime, as countries like the US have challenged India’s export “subsidy” programmes, a source told FE.

Union Minister for Skill Development and Entrepreneurship Mahendra Nath Pandey on Sunday met Sarbananda Sonowal, Chief Minister of Assam to discuss how the Centre and State can further the Skill India Mission in the State.

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