India gives fresh boost to textiles with fiscal incentives

Friday, 24 June 2016 00:00 - - {{hitsCtrl.values.hits}}

Reuters: The Indian cabinet on Wednesday approved fiscal incentives for the textiles sector aimed at boosting exports and creating more jobs, a senior government official said.

The government will subsidise employers’ social welfare contributions for employees in the textile sector, Rashmi Verma, textile secretary told reporters after a cabinet meeting.

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