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Arun Jaitley
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The Government Allay Fears of Traders Over "Complexities" of The GST
Jul 10, 2015The government has sought to allay fears of traders over "complexities" of the Goods and Services Tax (GST) with finance minister Arun Jaitley saying that the proposed taxation system will end the cobweb of various taxes and "miseries" ...
Tags: textile manufacture, GST
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The Government Has Approved The First Integrated National Policy for Developing Skills
Jul 6, 2015The government has said it has approved the first integrated national policy for developing skills and promoting entrepreneurship at a large scale with speed and quality. “The policy aims to align supply with demand, bridging ...
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Economic Reforms in The Legislative Pipeline Can Push India's Growth Rate
Jun 23, 2015Finance minister Arun Jaitley who is on a visit to the US, has said that economic reforms in the legislative pipeline can push India's growth rate above the current range of 7 to 7.5 per cent. India's economy, Asia's third largest, is ...
Tags: Arun Jaitley, economic reforms
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Indian Footwear Trade Body Requested to Reduce The High Excise Duties Imposed on Footwear
Mar 19, 2015An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
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Union Budget 2015-16 Has No Measures on Promoting Apparel Manufacturing in India
Mar 5, 2015Union Budget 2015-16 presented by finance minister Arun Jaitley last week has no measures on promoting apparel manufacturing in India, says an expert of India’s clothing and retail industry. “Considering that this ...
Tags: Apparel Manufacturing, Apparel
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India Continues to Be an Attractive Long-Term Retail Destination Due to Large Population
Mar 3, 2015Owing to its large population and rising disposable incomes, India continues to be an attractive long-term retail destination, says the Economic Survey 2014-15. Citing AT Kearney’s Global Retail Development Index (GRDI), the ...
Tags: retail destination, Apparel
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Knitwear Manufacture Tirupur Exports Has Reached Rs 15,000 Crore
Feb 4, 2015Exports from Tirupur, known for knitwear manufacturing, has reached Rs 15,000 crore in the first nine months of the ongoing fiscal year 2014-15, A Sakthivel, president of Tirupur Exporters’ Association (TEA) said in a statement. ...
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GST Resolve Supply Chain Issues to Smoothen Business Process
Jan 5, 2015The proposed Constitution Amendment Bill on Goods and Services Tax (GST), introduced by Finance Minister Arun Jaitley in Lok Sabha last month, is expected to smoothen business process (ease of doing business) for ecommerce companies by ...
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CITI Has Requested The Government to Reduce The Excise Duty
Dec 8, 2014The Confederation of Indian Textile Industry (CITI) has requested the Government to reduce the excise duty on all man-made fibres and filaments, as also their raw materials from the current 12 per cent to 6 per cent. In a pre-Budget ...
Tags: man-made fibres, Apparel, Textile
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Ministry of Textiles Has Accepted The Report of The Sub-Committee Constituted
Dec 8, 2014The Ministry of Textiles, Government of India, has accepted the report of the sub-committee constituted to examine the issue of change of definition of handloom, Santosh Kumar Gangwar, Minister of State (Independent Charge) in the Ministry ...
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India Expressed Confidence That a Low and Stable Inflation Rate Would Be Soon Attained
Oct 16, 2014Indian Finance Minister Arun Jaitley has expressed confidence that a low and stable inflation rate would be soon attained. Reacting to the data released for Wholesale Price Index (WPI) and consumer price inflation for September 2014, ...
Tags: inflation rate, food markets
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India Needs to Build a Military Industrial Complex
Sep 25, 2014India needs to build a military industrial complex by enlisting large and medium cluster of industries, said BrahMos Aerospace founder Dr. A Sivathanu Pillai at the Deftronics 2014 in Bangalore. Addressing the event organised by India ...
Tags: Electrical, Electronics
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The Proposals Are a "Mixed Bag" for The Textiles Industry
Aug 12, 2014The proposals in the Central Budget 2014-15 presented to the Parliament by the Hon’ble Finance Minister Shri Arun Jaitley are a “mixed bag” for the textiles industry according to Confederation of Indian Textile Industry ...
Tags: Budget Proposals, industry, Textile
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The Union Budget for The Financial Year 2014-15
Aug 12, 2014The Union Minister of Finance Shri Arun Jaitley announced the Union Budget for the financial year 2014-15. In a statement Shri Manikam Ramaswami, Chairman, Texprocil welcomed the various announcements and stated the budget in general ...
Tags: The Union Budget, Apparel, Accessories
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The Proposals Are a "Mixed Bag" for The Textiles Industry
Aug 12, 2014The proposals in the Central Budget 2014-15 presented to the Parliament by the Hon’ble Finance Minister Shri Arun Jaitley are a “mixed bag” for the textiles industry according to Confederation of Indian Textile Industry ...
Tags: Budget Proposals, Apparel, Accessories