VIKRAM TANTIA PRESIDENT
Budget 2013: Import duty on raw silk increased to 15 per centFM's decision to increase the duty on imported raw silk from 5% -15% will boost the domestic sericulture industry.- Silk exports likely to fall 20-25% in 2011-12Steep increase in yarn prices have turned silk fabric exports uncompetitive, which may lead to a fall in exports by 20-25 per cent.
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