Revise specific duties on textiles: Economic Survey

September 22nd, 2009 NEW DELHI - The Ministry of Textiles and the FICCI will jointly organise a workshop on 'Strengthening-Government-Industry-Consumer Partnership on Geotech Textiles' here today. Senior Officers from the Central and State Governments will address the delegates.

September 22nd, 2009 NEW DELHI - The Ministry of Textiles and the FICCI will jointly organise a workshop on 'Strengthening-Government-Industry-Consumer Partnership on Geotech Textiles' here tomorrow. Senior Officers from the Central and State Governments will address the delegates.

September 17th, 2009 NEW DELHI - The Ministry of Textiles and the Federation of Indian Chambers of Commerce and Industry (FICCI) will jointly organise a workshop on use of textiles in agriculture here today. Over 100 delegates from various sectors like agriculture, the State Governments, agricultural universities, forest departments and institutes will attend the workshop.

September 17th, 2009 NEW DELHI - The Ministry of Textiles and the Federation of Indian Chambers of Commerce and Industry (FICCI) will jointly organise a workshop on use of textiles in agriculture here tomorrow. Over 100 delegates from various sectors like agriculture, the State Governments, agricultural universities, forest departments and institutes will attend the workshop.

September 15th, 2009 NEW DELHI - The government may soon provide a regulatory framework to the protective textiles sector to boost its growth, Textiles Secretary Rita Menon said Tuesday. "The government is actively considering to provide a regulatory framework to achieve 25 percent growth per annum of technical textiles against business-as-usual growth of 11 percent, Menon told reporters on the sidelines of a workshop.

September 14th, 2009 NEW DELHI - Ministry of Textiles and FICCI are jointly organising a workshop on 'Strengthening-Government-Industry-Consumer Partnership in Protective Textiles' on Tuesday. Over 100 delegates from various sectors like Defence, Police, Security, Regulators, State Government, Hotels, Multiplexes and industry are attending the workshop.

September 9th, 2009 Fed survey: most of US in economic healing modeWASHINGTON — A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over. The Federal Reserve's snapshot of economic conditions backs predictions by Fed Chairman Ben Bernanke and most other analysts that the economy has started to grow again in the current quarter.

August 31st, 2009 NEW YORK - India's exports to the US can increase by $1.5-billion if it made an effort to bail out the ailing textiles sector, according to Textiles Minister Dayanidhi Maran, now on an official visit to the US. "My visit will help exporters grab a large chunk of the market, which is expected to rebound by 2010 and 2011, Maran said Sunday while inaugurating the India Pavilion at "Sourcing Magic" fair in Las Vegas.

August 12th, 2009 NEW DELHI - The government Wednesday said it expected investments of Rs.5,000 crore and employment of nearly three lakh in the technical textiles sector by 2012. "The segment has a potential to attract investments and create additional employment opportunities in the coming years, Textiles Minister Dayanidhi Maran told reporters after launching a website -- www.technotex.gov.in -- that will meet the information needs of stakeholders.

July 22nd, 2009 TOKYO - With a view to finding new markets for the textile industry and reducing dependence on the US and the European Union (EU), India has begun promoting itself in Japan, with Textiles Minister Dayanidhi Maran inaugurating the Indian pavilion at the Mega Apparel and Textiles Show here Wednesday. The initiative is part of the government's policy to push Indian textiles exports to South East Asia, especially Japan.

July 15th, 2009 NEW DELHI - The government is promoting an export policy regime for the textiles industry that will cover all potential markets including South East Asia, said Textiles Minister Dayanidhi Maran Wednesday. The government is also promoting textiles mega shows in potential markets.

July 2nd, 2009 NEW DELHI - Though comprehensive job loss data is not available for the current financial year, the Economic Survey Thursday said the financial crisis hit the Indian job market in the last quarter of 2008 but improvement in the employment situation was in sight. Quoting a labour ministry survey, it said during October-December 2008, there was decrease in employment of about half a million workers".

July 2nd, 2009 NEW DELHI - The government must allow entry of private players in passenger train operations and railway services to tourist destinations, the Economic Survey tabled in parliament Thursday said. "Private entry into provision of passenger train must be allowed to and from all the tourists destinations," said the survey.

July 2nd, 2009 NEW DELHI - Indicating that an industrial recovery is underway, India's Economic Survey for 2008-09 said Thursday that the industry has weathered the most severe part of the shock. The survey, tabled by Finance Minister Pranab Mukherjee in parliament on Thursday, the first day of the budget session, said the rise in offtake of bank credit and upturn in the power generation capacity were positive pointers towards an economic recovery.

June 17th, 2009 NEW DELHI - Federation of Indian Chamber of Commerce and Industry (FICCI) has called for cheap export credit and income tax exemption for export earnings for Indias garments exporters. At a meeting with Textiles Minister Dayanidhi Maran Wednesday, FICCI advocated credit for exporters at an interest rate of 7 percent, 100 percent exemption on income tax for export earnings for three years, initiation of skill development programmes, and reimbursement of duties to exporters.