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Textiles & Apparels

New Textile Policy – 2020

Government is formulating a New Textile Policy for overall development of the sector. Inputs from all the state governments, individuals through e-portal and different associations are being solicited under broad topics like cotton, silk, jute, wool, man-made fibre, handloom, handicrafts, powerloom, technical textiles, technology & machinery upgradation, infrastructure (spinning, weaving & processing) and human resource development. Over a period of ...

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Funds for Welfare of Weavers 

Budgetary allocation of funds is not made State-wise.  However, indicative physical targets are allotted to States and funds are released to various Implementing Agencies based on viable proposals received and utilisation of previously released funds. The Government of India, Ministry of Textiles is implementing following schemes for promotion & development of handlooms and welfare of handloom weavers across the country: ...

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Impact of GST on Apparel Sector 

GST rates for garments and made up articles is 5% of sale value not exceeding Rs. 1000 per piece and 12% for articles of sale value exceeding Rs. 1000 per piece. The GST rates are lesser than the pre-GST incidence of taxes on these goods. To reduce the cost of garment industry, GST rate on manmade fibre yarns has been ...

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Employment in Textile Industry 

As per the latest available Annual Survey of Industries, employment in the Textiles and Wearing Apparel were 25.27 lakh in 2014-15, 26.48 lakh in 2015-16 and 26.97 lakh in 2016-17. Government has been implementing various schemes for welfare and development of textile workers/weavers including handicraft artisans.Under the group insurance scheme for powerloom workers, insurance cover is provided to all powerloom ...

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Thirty-Nine thousand farmers benefitted from Jute procurement 

A total of 3.46 lakh bales worth Rs. 190 crores have been procured by Jute Corporation of India (JCI) during the last two years benefitting around 39,000 farmers.Rs.100 crores have been approved for 2018-19 and 2019-20 for procurement operations by JCI. Government of India had sanctioned Rs. 204 crores for four years starting 2014-15 to enable JCI to be in ...

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Cotton Production and Exports 

The Cotton Advisory Board (CAB) has estimated that during the current cotton season of October, 2017 to September, 2018, the export of cotton from India is likely to increase by 20% over last year and is expected to touch 70 lakh bales by September, 2018. From October, 2017 to April 2018, the total amount of cotton exported from India was ...

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Visa Exemption to Foreign Designers in Handicrafts Sector 

Handicrafts sector has been exempted from minimum salary condition (Rs. 16.25 lakhs per annum) for grant of employment visa to foreign designers for a period of 2 years i.e. till 30.06.2020. Export Promotion Council for Handicrafts (EPCH) had sought the intervention of Union Minister of Textiles for getting the exemption from the minimum salary condition for grant of employment visa ...

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