Control GM seed price, not licensing fee: Experts
Sharath Chowdary The Union government had recently withdrawn the notification on licencing guidelines for genetically modified seed technology issued on May 18, 2016. Experts from the industry have welcomed the government’s decision to withdraw the conditions on GM seed licencing fee. According to them, the earlier notification was disastrous to the industry as it would have sent wrong signals to foreign investors. The new decision has once again sent a positive note on the future of the textile industry, J. Thulasidharan, Vice Chairman of Confederation of Indian Textile Industry (CITI) told The Dollar Business Bureau. The CITI is an apex national body of the textile industry. Thulasidharan is the Managing Director of Rajaratna Mills Ltd and also the President of the Indian Cotton ...
Trade ties with EU to offset TPP impact on Indias textile exports
Sai Nikesh | The Dollar Business Signing free trade agreements with European Union countries will help India tackle the impact of the Trans Pacific Partnership on the country’s textiles exports, an industry body has said. To help textile industry touch $500 billion target by 2025 from the current level of $110 billion, India should sign Free Trade Agreement (FTAs) with EU nations and enter into agreement with the US before the industry becomes uncompetitive with the implementation of TPP, said the Associated Chamber of Commerce and Industry (ASSOCHAM). “The Trans-Pacific Partnership (TPP) between US, Japan, Canada, Chile, Vietnam, Malaysia, Singapore, Australia, Brunei, Mexico, New Zealand and Peru, which has been signed last week will cause trade diversions effects in some of ...
Import of pulses, noose on hoarders bring cheers for retailers
Deepak Kumar | The Dollar Business Additional imports of pulses and a curb on traders’ stock are expected to reduce prices of the commodity and increase its consumption amid festive season, say experts. Soaring price of pulses in the domestic market has prompted the government to import thousands of tonnes to streamline the supply. While the Centre has set the stock limit for pulse traders across the country, state governments have launched a crackdown on hoarders. Small traders say that the price hike affects them most as retail buyers tend to reduce their consumption of the protean-rich food grain. “The government’s measure of ensuring that the prices of lentils (tur dal) are brought down at least in some pockets of this ...
Another promising year awaits Indias textiles exports
Satyapal Menon | The Dollar Business A craftsman uses a handloom to produce rugs in Jodhpur, India Indian history and tradition is woven around the sheer artistry, and pure genius that goes into the creation of intricate and intrinsic cloth patterns conceived by thousands of weavers across the length and breadth of the country. From the mesmerising valleys of Kashmir to the serene shores of Kanyakumari, and, from the dusty and dry habitats on the Deserts of Rajasthan to the freezing terrain of the Himalayan region, India is linked, and, interlinked by a common thread of omnipresent tradition. Many villages and towns across the country reverberate with the pervasive rhythm of looms weaving out exquisite ensemble of textiles. The textile industry ...
