Exports of readymade garments witnessed a positive growth of 4.5 per cent in INR terms and 1.0 per cent in US dollar terms during April-January, 2016-17, as compared to that of the same period previous year, minister of state for textiles, Ajay Tamta has said in a written reply to a question in Lok Sabha.
During the period, India exported readymade garments worth Rs.91,467.85 crore compared to Rs.87,560.23 crore in the corresponding period last year.
Apart from the Special Package that the centre had announced in June last year, three per cent Interest Equalization Scheme for manufacturer exporters of readymade garments, Integrated Skill Development Scheme, Amended Technology Up-gradation Fund Scheme (ATUFS), two per cent MEIS scheme, and All India Duty Drawback have also contributed to exports promotion.
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