Subsidy worth Rs 6,000 crore has been allocated for the handloom sector, which does not fall under the purview of the GST regime, the Rajya Sabha was informed on Friday. Replying to questions, Minister of State for Textiles Ajay Tamta said during the Question Hour that “the Handloom weavers do not come under the GST …
Continue reading "Rs.6,000 cr worth of subsidy for handloom sector: Minister"
August 4, 2017Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed on Thursday. In a written reply to Lok Sabha, Minister of State for Textiles Ajay Tamta said during the first two months of current fiscal, the sector received $21.41 million …
Continue reading "FDI in textiles doubled to $619 mn in 2016-17"
August 3, 2017