Cabinet approves fiscal incentives for textile sector, official says

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Reuters NEW DELHI
Last Updated : Jun 22 2016 | 4:07 PM IST

NEW DELHI (Reuters) - The cabinet on Wednesday approved fiscal incentives for the textiles sector aimed at boosting exports and creating more jobs, a senior government official said.

The government will subsidise employers' social welfare contributions for employees in the textile sector, Rashmi Verma, textile secretary told reporters after a cabinet meeting.

(Reporting by Manoj Kumar; Editing by Douglas Busvine)

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First Published: Jun 22 2016 | 3:58 PM IST

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