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ISLAMABAD: The Ministry of textiles has so far paid Rs 44.5 billion to the local textile industry under Prime Minister’s Exports Enhancement Package since July 2017, with an objective to help boost exports from the country, senior official in the ministry told APP here on Thursday.

A set of micro and macro proposals to enable stakeholders to breathe easy.

The Reserve Bank of India (RBI) and the Government has taken several steps time to time to ensure credit flow to the Micro, Small and Medium Enterprise (MSME) sector, informed Union Minister of Finance Nirmala Sitharaman.

The goods and service tax (GST) authorities will soon draw up a list of taxpayers with ‘risk scores’ that will decide the level of audit scrutiny they face. 

Union Minister Nitin Gadkari will Thursday inaugurate an international convention on micro, small and medium enterprises here to mark the International MSME Day.

The Indian rupee has recovered marginally from the lower level but trading lower by 8 paise at 69.23 per dollar versus previous close 69.15.

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