Textile Industry

PM MITRA Parks

The Indian government recently announced the establishment of seven PM MITRA Parks in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh. These parks are inspired by Prime Minister Narendra Modi’s 5F vision, which aims to boost the ..

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Extension of RoSCTL scheme

Ministry of Commerce and Industry recently extended the “Scheme for Rebate of State and Central Taxes and Levies (RoSCTL)” till March 31, 2024. About RoSCTL Scheme RoSCTL scheme will be continued with the same rates as announced by Textile Ministry ..

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Western Railways: 100th textile express

Mumbai Central Division of Western Railway achieved a milestone of loading “100th textile train” from Chalthan in Surat area to Sankrail in Kharagpur Division, SER. Highlights The Textile Express fetched a total revenue of Rs 10.2 crores for the Railways. ..

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Mega Investment Textiles Parks (MITRA) scheme to be Launched

The Finance Minister, Nirmala Sitharaman, announced during the Union Budget 2021 presentation that the Government has proposed a “Mega Investment Textiles Parks (MITRA) scheme”. Highlights The scheme will enable the textile industry to become globally competitive. It will help the ..

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‘At One Click’ Initiative launched by Gujarat Government for MSMEs & Other Bigger Industries

For 12,247 Micro, Small, and Medium Enterprises (MSMEs) and bigger industrial units (including the textile industry) in the state, the Gujarat Government on 26th June 2020 has launched an online cash aid initiative. The initiative is named as ‘At One ..

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GoI: Rebate of State and Central Taxes Scheme in the form of Scrips

On May 1, 2020, the Government of India announced that the Rebate of State and Central Scheme arrears are to be provided in the form of scrips. It is to be provided by the Department of Revenue Communication. Highlights The ..

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