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Tag: finance ministry

Textile Policy to achieve $300 bn Exports by '25
Apparel and Textile News Trade Info News

Textile Policy to achieve $300 bn Exports by ’25

The new textile policy aims at achieving 300 billion US dollar textiles exports by 2024-25 and envisaging creation of additional 35 million jobs with focus on a three-pronged approach to boost the growth of Indian handicraft sector facing tough competition from international players. The textiles ministry is currently engaged in consultation with stakeholders including states […]

Finance Ministry Plans to Converge Insurance Schemes for Weavers
Apparel and Textile News Trade Info News

Finance Ministry Plans to Converge Insurance Schemes for Weavers

Textiles minister, Smriti Irani said that the ministry of finance is planning to converge all the insurance schemes for handloom weavers including the Mahatma Gandhi Bunkar Bima Yojana (MGBBY) to increase their insurance cover. MGBBY will be merged into Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana from next fiscal. The […]