Textile Industry Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Surging Silk – Accomplishment and Way Forward

The Ministry of Textiles in association with Central Silk Board had organized an event, Surging Silk – Accomplishment and way forward on 9th February 2019 at in New Delhi. The event was presided over by Union Minister of Textiles, Smriti Zubin Irani and Union Minister of External Affairs, Sushma Swaraj was the chief guest for Read More…

Month:  Categories: Business, Economy & Banking

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CCEA approves extension of norms for mandatory packaging in Jute Materials

Cabinet Committee on Economic Affairs (CCEA) has approved to expand the scope of mandatory packaging norms under Jute Packaging Material (JPM) Act, 1987. It has approved that 100% of the food grains and 20% of sugar shall be mandatorily packed in diversified jute bags. Initially 10% of indents of jute bags for packing foodgrains will Read More…

Month:  Categories: Business, Economy & Banking

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Government raises import duty on 328 textile products to curb imports

Government has doubled import duties on 328 textile products to 20% from existing rate of 10% under Section 159 of the Customs Act, 1962.  Earlier in July 2018, Government had doubled import duty on over 50 textile products — including jackets, suits and carpets to 20%. Significance The increase in duties will give edge to Read More…

Month:  Categories: Business, Economy & Banking

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Chettinad Cotton Saree gets Indian Handloom tag

The Union textile Ministry has bestowed the Indian Handloom Brand tag on Chettinad cotton saris for its unique designs and identity. This tag was bestowed under the India Handloom Brand Scheme after checking its various quality parameters stipulated by the Standard Operating Procedure (SOP). The Ministry also has offered a logo to use the brand Read More…

Month:  Categories: Art & Culture

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CCEA approves Amended Technology Upgradation Fund Scheme for textile sector

The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended Technology Upgradation Fund Scheme (ATUFS) for technology upgradation of the textiles industry. Decision in this regard was taken by CCEA meeting chaired by the Prime Minister Narendra Modi in New Delhi. The ATUFS replaces existing Revised Restructured Technology Upgradation Fund Scheme (RR-TUFS) to Read More…

Month:  Categories: Governance & PoliticsGovernment Schemes & Projects

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