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PMEGP Backs 63% Manufacturing, 93% Service Units With Small Projects

Prime Minister’s Employment Generation Programme (PMEGP) is a central sector scheme which assists prospective beneficiaries in establishing new micro-enterprises primarily with small project costs which are facilitated through small loans. During the last five-year period from FY 2020–21 to FY 2024–25, approximately 63% of units under manufacturing sector and 93% of units under service sector […]

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February 3, 2026
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Apparel and Textile News Trade Info News

TEXPROCIL Urged RBI To Extend Deadline Of Caution List

Export Data Processing and Monitoring System (EDPMS) which has been introduced by RBI to monitor payments against Export Bills requires all banks to report in this system details of the export proceeds realization pertaining to the shipping bills filed after February 28, 2014. “A large number of textiles exporters have pointed out that many of […]

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April 20, 2017
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378 Views

Apparel and Textile News Trade Info News

TEA Disappointed over RBI Sixth Bi Monthly Monetary Policy Statement

Shri.Urjit Patel, Governor, RBI on February 8, announced Sixth Bi monthly Monetary Policy for the year 2016 -17 and maintained Repo Rate at 6.25%. In a press release issued today, Shri.Raja M Shanmugham, President said the he was expecting the reduction of Interest rate post demonetization but the Monetary Policy Committee has maintained the Repo […]

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February 9, 2017
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Apparel and Textile News Events and Exhibitions News

Commerce and Industry Minister explores new verticals in GES 2017

Commerce and Industry Minister Smt. Nirmala Sitharaman has said that the services sector today is knowledge driven and along with technology has on important role to play in economic growth. Addressing the curtain raiser conference of the GES (Global Exhibition on Services) 2017, she said the 3rd edition of GES will build on the success […]

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January 27, 2017
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356 Views

Apparel and Textile News Trade Info News

TEA HAILS RBI DECISION TO REDUCE REPO RATE

Today In a press release, Raja M Shanmugham, President TEA said he welcomed the RBI decision to reduce the repo rate by 0.25% from 6.5% to 6.25% with immediate effect. Further Shanmugham said by taking in to account, the banks should immediately come forward to pass on the benefits to the customers and fulfil the […]

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October 4, 2016
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328 Views

Apparel and Textile News Trade Info News

Textile Industry Hails RBI Repo Rate Cut

The Indian textile industry has welcomed the RBI’s move to reduce the repo rate, the rate at which the central bank of a country lends money to commercial banks during shortage of funds, as it will stimulate the much needed investment in the textile industry and help in growth. RBI governor Raghuram Rajan announced yesterday […]

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September 30, 2015
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Apparel and Textile News Ministry of Textiles News

TEA For 3% Interest Subvention Scheme

Tirupur Exporters’ Association (TEA) has urged the centre to immediately announce three per cent Interest Subvention Scheme on Rupee Packing Credit to the garment sector. In a release, TEA chairman A Sakthivel said he was expecting some reduction in repo rate in RBI’s third bi-monthly monetary policy statement, 2015-16, but the RBI has kept the […]

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August 4, 2015
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Apparel and Textile News Apparel Brands and Companies

More Focus On Branding Urged By RBI

The Reserve Bank of India for the first time organized a meeting to bring together banking officials, businessmen and RBI officials to impart new policies of the centre to promote business in the country. RBI regional director, S Ramaswami speaking at a meeting in Kolhapur in Maharashtra on July 23 said that the Ichalkaranji textile […]

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July 27, 2015
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Apparel and Textile News

TEA WELCOMES REPO RATE CUT ANNOUNCED BY RBI

Tirupur Exporters’ Association President, A.Sakthivel welcomed the Reserve Bank of India (RBI) announcement to reduce the Repo Rate by 0.25 per cent and added that the interest rate cut would be helpful to quote competitive rate and sustain in the global market only when the banks pass on the measures to the SME and exporting […]

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June 2, 2015
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Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

TEA Hails Decision Of Reducing SLR

Reserve Bank of India (RBI) today announced Sixth Bi-Monthly Monetary Policy Statement for the year 2014-15 keeping the key policy rates unchanged and said since sufficient data on macro economic and prices were not available, it could not take a decision on the interest rates but assured that proper action will be taken as soon […]

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February 3, 2015
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Apparel and Textile News Apparel Brands and Companies

TEA Describes Repo Rate Cut By RBI As Pongal Gift

Tirupur Exporters’ Association (TEA) president, Mr. A. Sakthivel has welcomed the RBI governor decision for reduction in Repo Rate, which, he described as a positive step which has come at a time when Tirupur knitwear garment exporters has been picking up the momentum and hoped that the banks will pass on the benefits to consumers […]

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January 15, 2015
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IPDS Boosts Green Textile Infrastructure In India

Green Textiles Gain Momentum With Credit Score And

MSME Competitiveness Boosted By Government Initiatives

MSME Ministry Hosts First National Workshop On ODR

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IPDS Boosts Green Textile Infrastructure In India

Green Textiles Gain Momentum With Credit Score And Green Fund

MSME Competitiveness Boosted By Government Initiatives

MSME Ministry Hosts First National Workshop On ODR Portal

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Tag: RBI

PMEGP Backs 63% Manufacturing, 93% Service Units With Small Projects

TEXPROCIL Urged RBI To Extend Deadline Of Caution List

TEA Disappointed over RBI Sixth Bi Monthly Monetary Policy Statement

Commerce and Industry Minister explores new verticals in GES 2017

TEA HAILS RBI DECISION TO REDUCE REPO RATE

Textile Industry Hails RBI Repo Rate Cut

TEA For 3% Interest Subvention Scheme

More Focus On Branding Urged By RBI

TEA WELCOMES REPO RATE CUT ANNOUNCED BY RBI

TEA Hails Decision Of Reducing SLR

TEA Describes Repo Rate Cut By RBI As Pongal Gift