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Tag: Santosh Kumar Gangwar

Government To Resolve Liabilities Under TUFS
Apparel and Textile News Ministry of Textiles News

Government To Resolve Liabilities Under TUFS

Textile minister, Santosh Kumar Gangwar has said that the government is making efforts towards resolving the issue of settlement of committed liabilities of around Rs 3,000 crore arising out of ‘blackout and leftout’ period cases under TUFS (Technology Upgradation Scheme) for textile industry. Government has brought A-TUFS in place of the Revised Restructured TUFS (RRTUFS) […]

New Textile Policy Awaits Cabinet Approval
Apparel and Textile News Ministry of Textiles News Trade Info News

New Textile Policy Awaits Cabinet Approval

Textile minister, Santosh Kumar Gangwar today said that his department will be approaching the Cabinet in 10-15 days for the approval of the new textile policy for nation. The policy aims to achieve 300 billion US dollar textiles exports by 2024-25 and envisages creation of additional 35 million jobs. It will also, address concerns of […]

ERP System To Boost Domestic Handloom Sector
Apparel and Textile News Ministry of Textiles News

ERP System To Boost Domestic Handloom Sector

Textile minister Santosh Kumar Gangwar has launched the Enterprise Resource Planning (ERP) system for the commercial activities of the National Handloom Development Corporation (NHDC) to boost domestic handloom industry in Varanasi. NHDC has thus become the first PSU under the textiles ministry to have the ERP system, which will help improve productivity, increase efficiencies, decrease […]

Gangwar Launches First E-Auction Of NTC
Apparel and Textile News Ministry of Textiles News

Gangwar Launches First E-Auction Of NTC

Textiles Minister, Santosh Kumar Gangwar, has launched the first e-auction yarn of National Textile Corporation (NTC) as part of its effort for greater transparency, efficiency and better price. Initially, three mills of NTC, namely, Vijamohini Mill, Kerala Lakshmi Mill and Rajnagar mill have been selected for selling of its produce through e-auction. Anu Garg, joint […]

Tufs May Be Reintroduced Soon
Apparel and Textile News Ministry of Textiles News Trade Info News

TUFS May Be Reintroduced Soon

Since the Prime Minister, Narendra Modi is showing special interest in textile sector, the government is likely to reintroduce the Technology Upgradation Funds Scheme (TUFS) for the textile sector in a few months for the betterment of the industry, textile minister, Santosh Kumar Gangwar has said on the sidelines of the Texprocil award function held […]

Gangwar for Innovative products
Apparel and Textile News Ministry of Textiles News

Gangwar for Innovative products

Textiles minister Santosh Kumar Gangwar has urged the handicraft exporters to come up with new and innovative products so that buyers always have such impression that these kinds of products cannot be sourced from anywhere else. Gangwar’s comments came while inaugurating the 40th edition of the Indian Handicrafts & Gifts Fair (IHGF) in Delhi. The […]

SIMA Demands Fair Cotton Trading Policy
Apparel and Textile News Trade Info News

SIMA Demands Fair Cotton Trading Policy

The Southern India Mills’ Association (SIMA) has appealed to textiles minister, Santosh Kumar Gangwar to direct the Cotton Corporation of India (CCI) to adopt a transparent and fair cotton trading policy which would ensure win-win strategy both for the farming and cotton textile manufacturing communities. In a press release, SIMA chairman, M Senthilkumar has proposed […]

TSTMA Seeks Help to Tide over Crisis
Apparel and Textile News Trade Info News

TSTMA Seeks Help to Tide over Crisis

The Telangana Spinning & textile Mills Association (TSTMA) has sought a two-year moratorium on term loans and conversion of working capital into working capital term loan with the repayment period between three to five years. It has also pleaded for reduction of interest rates for textile mills on term loans to bank base rates. In […]

Jute Production Good, CFC Scheme To Be Extended As Per Need
Apparel and Textile News Ministry of Textiles News

Jute Production Good, CFC Scheme To Be Extended As Per Need

Jute production in the country is good as a price higher than MSP for jute is available to the farmers, said Shri Santosh Kumar Gangwar, the Union Minister of State (I/C) for Textiles, in Kolkata yesterday. He was addressing the gathering at Rabindra Teertha, New Town, Kolkata after unveiling the foundation stone of Patsan Bhawan […]