Textile Industry Current Affairs, GK & News

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 for exports of apparel or garments and made-ups. Scheme was extended in order to enhance ..

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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. First train was flagged off on September 1, 2021, by Minister of State for 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 industries to attract large investments and boost employment generation besides boosting the exports. The scheme ..

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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 Click’. The initiative was launched by the Chief Minister of Gujarat Vijay Rupani. About the ..

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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 ROSL scheme was discontinued in March 2019. The scheme was replaced with Rebate of State ..

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October 7: World Cotton Day; Textile Minister attends the program

The World Cotton Day (WCD) is being organized by the WTO in collaboration with UN, FAO (Food and Agriculture Organization), UNCTD (United Nations Conference on Trade and Development), International Trade Center and International Cotton Advisory Committee. The World Cotton Day is being observed for the first time. The resilience of farmers will be recognized and ..

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