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POWERLOOM SECTOR
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...- Covid lockdown: Can’t pay salaries, say labour-intensive sectors“While we agree with the government that wages should be given, the minimum wage of Rs 8,000-9,000 per worker will be tough to sustain as w...
- Govt invites proposals from agencies to study power loom sector schemesThe textiles ministry had launched the schemes for harmonised growth of the power loom sector in terms of improvement in infrastructure fac...
- Government hints at 'positive' news for powerloom industryTextiles Minister Smriti Irani said in the Rajya Sabha that meetings have been held with stakeholders to address the problems being faced b...
- People's cooperation would help strengthen economy: Smriti IraniThe country needs fiscal discipline to build a strong economy and for social justice, said Smriti Irani.
- People's cooperation would help strengthen economy: Smriti Irani"Benefits of demonetisation need to percolate down to entrepreneurs and their enterprises, many of which are outside the ambit of formal ec...
- Govt considers providing tax benefits, marketing support for powerloom sectorThis would be the second in a series of incentives for the textile sector, after a Rs 6,500 crore package announced for garments in June.
- Festivals will be much brighter, happier if 'Taant' sari industry is unfolded and made to flow againTake the ‘home state’ of the taant sari, West Bengal. In 1982, there were 8,052 power-looms in the small-scale sector with the number of wo...
- Government allocates Rs 11,952 crore for powerloom sectorThe margin money subsidy has been increased from 20 per cent to 30 per cent with an increase in subsidy cap from Rs 1 crore to Rs 1.5 crore.
- Government to set up Rs 100 crore venture capital fund for textile start-upsAccording to a senior official in Planning Commission, Centre will put in Rs 35 crore while SIDBI VC will pump in Rs 15 crore.
- CCEA to take up continuation of powerloom cluster developmentTo promote the textiles sector, the government may consider a proposal for continuation of comprehensive powerloom cluster development sche...
- India's fabric expo to be held in Sri Lanka next weekIndia will hold a major textile exhibition and sign a MoU for bilateral cooperation in the sector here next week.
- Diesel price hike will affect handloom, powerloom sectors: SIMADiesel price hike would have an additional implication of Rs four to Rs 17 per kg in the cost of production of yarn, SIMA said.
- ACNielsen to survey powerlooms from August 23Gujarat ACNielsen ORG-MARG Pvt Ltd entrusted to undertake baseline survey of powerlooms by the textile commissioner's office.
- AC Nielsen to conduct survey of powerloom industry: Textiles MinistryThe Textiles Ministry today said market research company AC Nielsen ORG-MARG will conduct a survey of the powerloom industry.
- 10-fold spike in allocation for powerloom sought in 12th planTextile ministry has sought a whopping 10-fold spike in allocation for the powerloom sector at Rs 1,200 cr during the 12th Plan.
- 'Labour reforms can get one lakh powerloom workers back'Chairman of Powerloom Development & Export Promotion Council Bharat Chhajer says the the Indian powerloom sector is distressed.
- Powerloom sector shifts focus to EU on fears about US slowdownThe powerloom sector in India is looking at alternate markets like Europe and the domestic retail story to minimise the impact of the econo...
- Varsity project for technology of powerloom sectorCoimbatore based Bharathiar University has taken up a project to improve the technology employed in the powerloom sector.
- Handlooms may get 25% capital subsidyThe handloom sector may soon get about 25% capital subsidy. The textile ministry has formulated a Technology Upgradation Fund Scheme (TUFS)...
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