The textiles ministry had launched the schemes for harmonised growth of the power loom sector in terms of improvement in infrastructure facilities, market development to overcome the lack of preparatory/pre-loom facility in power loom clusters.
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that India is looking for new export markets.
Coimbatore: In a bid to attract more beneficiaries to the unemployed youth employment generation programme (UYEGP), the State government has increased the investment limit for trading and service sectors from Rs 1lakh and Rs 3lakh respectively to Rs 5lakh. Under the scheme, unemployed youth are offered 25% of the project cost as loan subsidy to start small businesses.
Union Minister of Commerce and Industry Piyush Goyal said that India will not enter into any free trade agreements (FTAs) or economic partnerships in a rush as any free trade agreement has to be a two- way benefit arrangement and a win-win for all sides.
"CAIT today took the matter of unethical business practices of Amazon and Flipkart and other e-commerce companies to the court of Prime Minister Narendra Modi and in a communication while briefing him of the crucial issues pertaining to business model of both the companies has sought his immediate intervention," a CAIT statement said.
India will continue to seek new markets through trade negotiations, including the Regional Comprehensive Economic Partnership (RCEP), Commerce and Industry Minister Piyush Goyal said on Wednesday. He also said the detractors of proposed trade deals should maintain silence until the framework is made public.