Textiles Ministry taking steps to lessen Demonetisation woes: Irani
Ahmad Shariq Khan Post demonetisation, the Textiles Ministry has helped open 5 lakh bank accounts for associated workers in the industry in a period of three weeks, said Textiles Minister Smriti Zubin Irani. “We will do our utmost within our constitutional framework to strengthen the textile industry. In the wake of demonetisation, Textiles Ministry has helped open 5 lakh bank accounts for associated workers in the industry in a period of three weeks,” she said while speaking at the Apparel Export Promotion Council (AEPC) Export Awards, 2015-2016 in New Delhi on Monday. Mentioning the efforts to ease the demonetisation woes, Irani said that her Ministry is also working towards ensuring that the workers in the textiles sector are trained to digitally use their bank accounts. While ...
Govt to set up three textile parks in each state to promote industry
Deepak Kumar | The Dollar Business Citing the development of textile parks as a key agenda, the government on Wednesday proposed to establish at least three such units in each state to encourage textile production and push exports. “The government has given an utmost importance to selecting ideal locations for these textile parks. We urge the state governments to participate in this mission and promote domestic production. We aim to establish at least three such units in each state to strengthen India’s textile industry,” said Santosh Kumar Gangwar, Minister of Textiles. Last year, the government agreed to establish 22 new textile parks in various states, taking the total number of such facilities to 72. Expressing concern over the challenges faced by the ...
