by TEXTILE VALUE CHAIN | May 16, 2020 | Corporate / SME News, Industry And Cluster, News & Insights
Finance minister Nirmala Sitharaman has announced a collateral free loan of ₹3 crore for micro, small and medium enterprises (MSMEs). Sitharaman also announced five other measures for MSMEs, as part of the fiscal stimulus package of ₹20 lakh crore under Atmanirbhar...
by TEXTILE VALUE CHAIN | May 11, 2020 | Industry And Cluster, News & Insights
Article of clothing exporters will keep on getting refund on local and state burdens on their outward shipments as the legislature has chosen to expand the RoSCTL conspire past March 2020 to upgrade seriousness of the work escalated materials division. The Ministry of...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
Non-banks to apply for benefit; Crisil-rated NBFCs owe ₹1.75 lakh crore, MFIs ₹18,500 crore In a move that could give a huge relief to the non-banking finance companies (NBFCs) facing a cash crunch, the State Bank of India (SBI) has decided to extend loan moratorium...
by TEXTILE VALUE CHAIN | Apr 8, 2020 | Industry And Cluster, News & Insights
to tide over crisis of packaging of foodgrains due to closure of jute mills during lock down The Ministry of Textiles has given dilution to the maximum permissible limit i.e. 1.80 lakh bales on 26th March, 2020 and further for 0.82 lakh bales on 6th April, 2020, for...
by TEXTILE VALUE CHAIN | Mar 25, 2020 | Industry And Cluster, News & Insights
The Ministry of Textiles is implementing converged Mahatma Gandhi Bunkar Bima Yojana (MGBBY) for providing social security benefits like life, accidental & disability insurance coverage to handloom weavers/workers in the age group of 51-59 years across the...
by TEXTILE VALUE CHAIN | Mar 11, 2020 | Industry And Cluster, News & Insights
Terming the negotiations complex, commerce and industry minister Piyush Goyal said a big win would be when Indian people can benefit from it and that innovation, research and development, and better technologies are the areas that New Delhi is focusing on....
by TEXTILE VALUE CHAIN | Mar 7, 2020 | Industry And Cluster, News & Insights
The Northern India Textile Mills’ Association (NITMA) recently demanded removing anti-dumping duty (ADD) on acrylic fibre for enhancing competitiveness in the value chain and excluding polyester staple yarn (PSY) from the lists of items in the free trade agreement...
by TEXTILE VALUE CHAIN | Dec 17, 2019 | Industry And Cluster, News & Insights
Representatives of Home Textile Exporters’ Welfare Association (HEWA) Shri Anant Srivastava and Shri Vikas Singh Chauhan met with Textile Secretary, G.O.I Shri Ravi Capoor at Udyog Bhawan, New Delhi on dated 17.12.2019 at Udyog Bhawan, New Delhi. Home Textile...
by TEXTILE VALUE CHAIN | Aug 16, 2019 | Industry And Cluster, News & Insights
Sixteen State Governments signed MoU with Ministry of Textiles at a function in New Delhi today to take Samarth – Scheme for Capacity Building in Textile Sector (SCBTS) forward. Eighteen States have agreed to partner with the Ministry under the scheme out of...
