Immediate release of refunds may help?

Related Keywords: export, government, GST, India, manufacturing, taxes, Textile Industry, value chain

India
Immediate release of refunds may help?
Summary: 
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a joint memorandum presented by seven national-level textile associations and major export promotion councils to the Union Government, the industry said that since the units are facing acute liquidity issues, the government should take steps to release the refund arrears under

The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters.

In a joint memorandum presented by seven national-level textile associations and major export promotion councils to the Union Government, the industry said that since the units are facing acute liquidity issues, the government should take steps to release the refund arrears under programmes such as ROSL/ROSCTL, Duty Drawback scheme, GST refunds, and Technology Upgradation Fund scheme.

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Cotton yarn, fabric exports fall by 24%

Related Keywords: cotton, crisis, export, fabric, fall, government, taxes, Textile, yarn

India
Cotton yarn, fabric exports fall by 24%
Summary: 
Monthly exports of cotton yarn is at a 5-year-low. Export of cotton textiles continued their downtrend and registered a fall of 24 per cent during the April-July period. The provisional data released for the first three weeks of August also showed a decline of 25 per cent month-on-month. Expressing deep concern about the declining trend in cotton

Monthly exports of cotton yarn is at a 5-year-low.

Export of cotton textiles continued their downtrend and registered a fall of 24 per cent during the April-July period. The provisional data released for the first three weeks of August also showed a decline of 25 per cent month-on-month.

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