Union Minister Smriti Irani thanked for the Rs 6,226.50 crore provision in the Budget for textiles. She further added that the Rs 1,555-crore outlay in the Budget for remission of state levies will â€œgreatly benefit" exports in the garments and made-ups segment of textiles.
Irani said that for the first time, the Budget has provided Rs 200 crore under PM Paridhan Rojgar Yojna to boost employment in the garment segment.
The decrease of 2.5 percent in Customs duty on nylon mono filament yarn will have a positive impact on the fishing net export market.
Besides, the reduction in corporate tax for MSME units with turnover of up to Rs 50 crore will benefit large number of textiles units.
It will also provide a major boost to exports and employment, especially for women.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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