The commerce ministry is considering interest subsidy benefits for textile sector including garments to arrest falling exports, according to media reports. The interest subvention scheme of 3 per cent ended on March 31, last year. Under ...
Tags: Textiles Sector, subsidy benefits
Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...
Tags: Cotton Prices, Cotton
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
In the 2015/16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 million tons with imports outside of China rising by 3 per cent to 6.1 million tons. In 2011/12, Chinese imports more than doubled from the ...
The government has clarified that it has not stopped giving subsidy on woollen yarn to weavers. The clarification comes after a Congress MP alleged that this subsidy was stopped in three states. "The Government of India clarifies hereby ...
Tags: Woollen Yarn, Subsidy
According to the International Cotton Advisory Committee (ICAC), excess cotton stocks held outside China are likely to keep international cotton prices down in 2015-16. Stocks outside China are projected to surge 26 per cent to 9.4 ...
Tags: Cotton Price, Textile
China will improve agricultural subsidy policies in an effort to deepen rural reform, promote agricultural modernization and increase peasants' income, the Ministry of Agriculture (MOA) announced Thursday. A total of 14 billion yuan (2.3 ...
The country will move faster to develop its energy-saving and new-energy vehicle industry to ease pressure on resources and the environment. Subsidies for new-energy car buyers in 2014 and 2015 will be raised from previous levels set by a ...
The government has assured the textile industry that it will soon resolve the issue of pending claims under its technology upgradation scheme, according to media reports. The Textile Upgradation Fund Scheme (TUFS) is an interest ...
Tags: Textile Minister, TUFS Mess
Exporters from select labour intensive sectors will be able to access cheaper credit soon as the government prepares to reintroduce an interest subvention scheme in the next couple of months, according to media reports. “The ...
Tags: select labour intensive sectors, interest subvention scheme, Textile
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
China imported 7,558 tons of solar-grade polysilicon in February 2015, decreasing on month by 18.8%. 4,746 tons or 62.8% was imported through export processing zones (EPZs), according to China Nonferrous Metals Industry Association. South ...
Tags: China polysilicon, EPZs, Lights
China imported 7,558 tons of solar-grade polysilicon in February 2015, decreasing on month by 18.8%. 4,746 tons or 62.8% was imported through export processing zones (EPZs), according to China Nonferrous Metals Industry Association. South ...
Tags: Nonferrous Metals, Polysilicon
Netherlands-based food service innovation company TOP is developing a high-quality, oxygen-free dispenser-system that can help in retaining the freshness of food for a longer duration. The company is working on the dispenser with Dutch ...
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry