New policy to improve situation in textile sector: Chavan

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 4:10 AM IST

Speaking after inaugurating a website of the new policy, Chavan said 80 per cent of the cotton produced here is taken to neighbouring states for processing.

"The new textile policy aims to improve the situation by providing incentives to the textile units in Vidarbha, Marathwada and North Maharashtra, so that employment opportunities are improved,"he added.

The investors will be provided uninterrupted water and electricity supply and other incentives, he said adding that the policy will see employment opportunities to 11 lakh people.

Textile Minister Mohammed Arif Naseem Khan said the website will provide all the information to the investors about the policy, government decisions and other important matters. PTI MR NP

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First Published: May 01 2012 | 6:45 PM IST

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