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Tag: Nirmala Sitharaman

Nirmala Sitaraman
Apparel and Textile News Apparel Brands and Companies

E-Commerce Policy Discussed At A Meeting

Union commerce and industry minister, Nirmala Sitharaman discussed the ecommerce policy framework with state industry ministers at a meeting in New Delhi yesterday and explored the possibility of allowing foreign direct investments in consumer ecommerce, officials said. “A whole gamut of issues on ecommerce was discussed with the states covering taxation, FDI policy framework and […]

Chinese Silk
Apparel and Textile News Ministry of Textiles News

Higher Import Duty On Chinese Silk Demanded

An all-party delegation from Karnataka led by state’s power minister, DK Shivakumar called on finance minister Arun Jaitley, commerce minister Nirmala Sitharaman and textiles minister Santosh Kumar Gangwar in Delhi recently, to highlight their concerns on the reduction in import duty on cheap Chinese raw silk. They also handed over a letter of the chief […]

Export Interest Subvention
Apparel and Textile News Ministry of Textiles News

Export Interest Subvention Needed By Spinning Sector

Credit rating agency ‘Crisil’ has suggested the need for export interest subvention for spinning textile sector. As per the interim report, prepared based on the request of Texpreneurs Forum, a copy of which was sent to the commerce minister, Nirmala Sitharaman last week, rising NPA levels in textile, falling EBITDA and net margin and fall […]