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Tag: commerce and textile ministries

Exporters to get Indirect Central Subsidies
Apparel and Textile News Trade Info News

Exporters to get Indirect Central Subsidies

The central is planning to replace direct subsidy schemes for textile and clothing exporters with indirect benefits before the World Trade Organisation (WTO) deadline for abolishing such sops. The commerce and textile ministries are already examining alternative schemes meant for quality upgradation and subsidising capital expenditure. These new schemes which would be of equal value, […]

Scheme to wean off direct textile export sops under Study
Apparel and Textile News Trade Info News

Scheme to wean off direct textile export sops under Study

The commerce and textile ministries have started examining alternative schemes that are allowed by the WTO such as ones for quality upgradation and subsidising capital expenditure to wean off exporters from direct subsidy schemes and replace them with indirect benefits. This followed WTO’s deadline for abolishing export sops for Indian Textile and Clothing Exporters. However, […]