You are here: Home » Economy & Policy » News
Business Standard

Centre to look into textile industry's concerns on embedded duties: Irani

She made the remarks at the Textile Conclave organised by Assocham in Gandhinagar on Sunday, a release said

Press Trust of India  |  New Delhi 

Union Textile Minister Smriti Irani during the inaugural session of the national conclave of  'Accomplishments and Way Forward for Textiles Sector', in New Delhi, Sunday | Photo: PTI
Union Textile Minister Smriti Irani | Photo: PTI

The government will look into the textile industry's apprehensions regarding embedded duties not being refunded fully and see that no tax is imposed on exports, Union minister Smriti Irani said.

She made the remarks at the organised by in on Sunday, a release said.

"Government is rolling out two new initiatives one for estimating the domestic market consumption while the other would be to develop India-specific apparel sizing which will help in taking policy decisions for growth of domestic industry," Irani said while inaugurating the conclave along with Gujarat Chief Minister Vijay Rupani at the

The textiles minister added that since 2014, Rs 35,000 crore has been invested in the textile and apparel sector on account of government support.

Irani congratulated Rupani for announcing the new textile policy in Gujarat wherein Rs 3 per unit electricity subsidy is offered to small power loom units and Rs 2 per unit to all other segments.

First Published: Mon, January 21 2019. 15:50 IST
RECOMMENDED FOR YOU