The Textile industry is one of the largest source of employment generation in the country with over 45 million people employed directly and another 6 crore people in allied sectors, including a large number of women and rural population.
Finance Minister Nirmala Sitharaman on June 21 chaired a pre-Budget meeting with Finance Ministers of states and Union Territories.
India's government is working with the Reserve Bank of India as well as private banks to reduce lending rates for exporters, commerce minister Piyush Goyal said on Friday.
CHENNAI: The state government on Friday sought the intervention of finance minister Nirmala Sitharaman, also the chairman of the GST council, for early settlement of the outstanding IGST amount due to the state since 2017-18.
The second edition of mega textile fair - WEAVES 2019 - will be held at Texvalley here from November 27 to 30.
New Delhi [India], June 21 (ANI): Union Textile Minister Smriti Irani on Friday said the central government announced many "key reforms" such as relaxation of Sections of Income Tax Act and incentives to boost the domestic apparel sector to enable it to compete with multinational brands.