Special package to generate 11 lakhs jobs in made ups sector
The Dollar Business Bureau The next three years for the made ups sector of India may witness healthy employment generation with the Cabinet approving a special package for the domain, as per information released by an industry body. According to Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Ujwal Lahoti, the special package has been targeted to create large scale direct and indirect employment to cover upto 11 lakh persons. “It will lead to strengthening exports of made ups at the same time,” he added. Calling it a “positive move by the government”, Lahoti said that the exporters will get the much-needed respite after this announcement as they face a duty disadvantage in the main market of EU as compared to products from competing ...
CII welcomes the Union Budget, say it sends a positive signal to all stakeholders
Union budget 2016 put emphasis macro-economic stability, boosting domestic demand and structural reforms The Dollar Business Bureau The Union Minister for Finance Arun Jaitley addressing a Post Budget Interactive Session with the representatives of Indian Trade and Industry Associations (FICCI, CII and ASOCHAM), in New Delhi on Wednesday Welcoming the Budget announcements, Sumit Mazumder, President, Confederation of Indian Industry (CII) stated, Budget 2016-17 is well-balanced and comprehensively addresses all aspects that industry was looking for, including revitalizing the rural economy, infrastructure build-up, relief for stressed assets, and simplification of taxes. Commenting on the budget 2016-17, at a post-budget interactive session with Union Finance Minister Arun Jaitley, the president of CII said, The Budget sends positive signals to all stakeholders, agriculture, industry, investors, ...
