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Export subsidies will be available for the use of 50 percent jute: BB

Export subsidies will be available for the use of 50 percent jute: BB

by Manali bhanushali | Jun 19, 2021 | Industry And Cluster, News & Insights

According to BSS, an export subsidy of 50% jute in any product would be available at the stipulated rate. On Thursday, the Bangladesh Bank (BB) issued a circular to that effect. According to the circular, if more than 50% of the value of jute goods is utilised in...
Haryana’s local reservation will be implemented from 1 May, apparel industry worried.

Haryana’s local reservation will be implemented from 1 May, apparel industry worried.

by Manali bhanushali | Apr 6, 2021 | News & Insights

The most disputed decision of Haryana Government to reserve 75 per cent employment opportunities in private sector for people belonging to the state will come into force from 1 May. Despite the best efforts of apparel industry to get the exemption from this law, the...
Retail Furniture brand ‘Saraf Furniture’ is aiming to provide employment to 1000 people.

Retail Furniture brand ‘Saraf Furniture’ is aiming to provide employment to 1000 people.

by Manali bhanushali | Dec 21, 2020 | Covid 19, News & Insights

This post-lockdown expansion is focused on 200 percentage increase in the production. The furniture firm, as per its expansion strategy, shall be operational by 15th Jan 2021. Saraf Furniture is all geared up plans to invest $3.4 mn (Rs 25 cr) for its 20 acres...
Cabinet approves Atmanirbhar Bharat Rojgar Yojana.

Cabinet approves Atmanirbhar Bharat Rojgar Yojana.

by Manali bhanushali | Dec 10, 2020 | Covid 19, News & Insights

The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in formal sector and incentivise creation of new employment opportunities during the COVID-19 recovery phase under...
Balancing Export Subsidies in textiles to WTO norms & its Impact on Export competitiveness

Balancing Export Subsidies in textiles to WTO norms & its Impact on Export competitiveness

by TEXTILE VALUE CHAIN | Jun 11, 2015 | News & Insights, Research/ Review Paper, Textile Articles

T.K. Rout Introduction The Indian Textile Industry has an overwhelming presence in the economic life of the country. The textiles industry contributes nearly 14% of industrial production, 4% of GDP and employs 45 million people directly and indirectly and accounts for...

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