Government News

Vice President of India, M Venkaiah Naidu presenting Textiles Awards in New Delhi The Vice President of India, M Venkaiah Naidu conferred awards on 17…
Thursday, 03 January 2019 05:50

Yarn Bank Scheme

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To avoid fluctuation in yarn price, government has launched a Yarn Bank Scheme as one of the component of PowerTex India with effect from 01.04.2017…
Thursday, 03 January 2019 05:49

Promotion of Handicrafts

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The Government confers National Award under Design and Technical Development Scheme wherein 135 Shilp Guru Awards, 1093 National Awards and 815 National Merit Certificates have…
Indian textile companies face higher trade barriers compared to other competing countries like Bangladesh, Vietnam and Pakistan in key markets such as the USA and…
Thursday, 03 January 2019 05:20

Share of Textile Items in Exports

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In 2017-18, India’s overall merchandise exports stood at USD 303.38 billion and textile and apparel exports including handicrafts valued at USD 39.22 billion comprising 13%…
More than 40 thousands power loom weaving of the city are upset as long awaiting input tax credit(ITC) credit issue remain unsolved in 31st GST…
The GST Council on Saturday brought down prices of goods such as TV sets, cinema tickets and video games from the top 28 percent rate.…
The report by a couple of economists including the ex-Chief Economic Adviser Shri. Arvind subhramaniam, begins by noting that India’s economy has performed well in…
Thursday, 20 December 2018 08:37

Mumbai: DGGSTI arrests promoters of textile firms

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The DGGSTI has also written to the National Company Law Tribunal (NCLT) to remove Oneworld Industries from the Insolvency and Bankruptcy Code (IBC) proceedings as…
Wednesday, 19 December 2018 10:37

WPI inflation falls to 3-month low of 4.64% in November.

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India’s wholesale inflation fell to a three-month low of 4.64 per cent in November, driven down by decline in prices of food articles, especially vegetables,…
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