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Tag: garment industry

India’s garment export woes are self-inflicted: report

Posted on July 21, 2024 By admin
India’s garment export woes are self-inflicted: report

India’s garment exports in 2023-24 stood at $14.5 billion, compared with $15 billion in 2013-14. Image for representation purposes only. File | Photo Credit: M. Periasamy Exports from India’s labour-intensive garment sector, which have been losing ground to rivals like Vietnam and Bangladesh and were lower than 2013-14 levels last year, have been dented more by…

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Higher budgetary support for cotton procurement by the Cotton Corporation of India

Posted on February 1, 2024 By admin
Higher budgetary support for cotton procurement by the Cotton Corporation of India

The RoDTEP scheme provides for refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods and are not being reimbursed under any other mechanism at the Centre, state or local level. File photo | Photo Credit: Special Arrangement The Interim Budget 2024 presented on Thursday…

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