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 ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022 • Government Schemes Current Affairs
Topics: Extension of RoSCTL scheme • Ministry of Commerce and Industry • Rebate of State Taxes and Levies • RoSCTL scheme • Textile Industry
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 ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2022 • States Current Affairs
Topics: 100th textile express • Surat • Textile Industry • Textile Parcel Special Train • Western Railway zone
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 ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs - 2022 • Government Schemes Current Affairs
Topics: Mega Investment Textiles Parks scheme • mitra park • production linked incentive scheme • Textile Industry • Textile industry in India
‘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 ..
Month: Current Affairs - June, 2020
Topics: At One Click Initiative • Gujarat • Micro Small and Medium Enterprises • MSMEs • Textile Industry • Vijay Rupani
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 ..
Month: Current Affairs - May, 2020
Category: Government Schemes Current Affairs
Topics: Cotton • Export • Revenue Department • Tax rebate • Textile Industry • Textile Sector
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 ..
Month: Current Affairs - October, 2019
Category: Important Days & Events Current Affairs
Topics: Agriculture • Cotton Technical Assistance Program • Cotton trade • Textile Industry • world cotton day • WTO