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TEXTILE JOBS CREATION
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
We expect interest rates to be left the way they are: Ficci chief Anant GoenkaFicci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests...
Cabinet approves Rs 4,415 crore upgrade of 233 km NH-347B in Madhya PradeshThe Cabinet Committee on Economic Affairs has approved a Rs 4,415.60 crore project to upgrade and widen NH-347B in Madhya Pradesh. The 233....
Female entrepreneurs in informal sector fly solo: Story in five graphsWomen-owned informal enterprises, primarily in tobacco and apparel, predominantly operate as own-account businesses. Only a small fraction ...
If India wants faster growth, it must first solve its female labour force participation problemIndia's female workforce participation lags behind peer nations. Boosting this rate could significantly increase GDP. Experts suggest focus...
India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
India-New Zealand FTA to give major boost to exports: ExpertsIndia and New Zealand have signed a free trade agreement. This pact offers duty-free access for all Indian goods to New Zealand. Experts be...
Government adds 43 new partners to implement SAMARTH, 5% higher supportIn a statement issued Tuesday, the textiles ministry said that 43 new implementing partners have been empanelled under under the scheme wit...
Over 60% of employers in India expect PLI scheme to boost hiring in next two years, shows TeamLease surveyThe sectors that will see significant job creation and have positive hiring sentiment include pharmaceutical (68%), white goods (67%) and t...
Uniform 12% GST rate for MMF textiles to reduce compliance burden: Govt“This will help the MMF segment grow and emerge as a big job provider in the country,” the textiles ministry said in a statement, adding th...
Textile Ministry expects early nod for Rs 170-crore knitwear packageThe official said that the consultation between the textile and finance ministry is currently stuck on the issue of the monetary resources ...
Government to unveil scheme for leather and footwear sectorAccording to experts, Rs 1 crore investment in the sector results in creation of jobs for close to 250 people. Currently, about 30 lakh peo...
Package for home textiles in forthcoming Textile PolicyTextile secy said the government has already started the process of reviewing the existing FTAs and is also seriously negotiating the FTAs ...
Textiles sector to get relief as government begins settling duesCITI Secretary General Binoy Job said the quantum of liabilities under the blackout and left-out period cases was around Rs 3,000 crore.
Textiles Ministry to soon seek Cabinet nod on new policyThe new policy aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35 million jobs.
Budget 2014: Cotton textile industry has potential to invest upto Rs 4,000 croreDalmia urged Textile Min to restore the benefit as investments made during the 18 mth gap are eligible investments before and after extensi...