Apparel and Textile News Trade Info News

TEA urges Govt to increase the Equalisation Scheme to 5%

The textile representative body, Tiruppur Exporters Association (TEA) has requested the governing body to increase the Interest Equalization scheme (IEs) rate to 5 per cent. The current IE scheme rate is 3 per cent as the increment will help to compensate in repo rate. TEA, president, Raja M Shanmugham in a press release said that […]