TUFS backlog, interest rate take the thread out of textiles, cotton growers (Indian Express via Yahoo! India News)
Story date: 2007-10-16 03:43:43
Added on: 2007-10-17 08:28:35
The delay in disbursement in state-level levies, huge backlog in Technology Upgradation Fund Scheme (TUFS) and high interest rate have not only stalled expansion and modernisation of the textile & garment industry, but has also affected cotton growers and textile machinery manufacturers. According to industry sources, prices of new cotton crop in Gujarat, Punjab, Madhya Pradesh and Andhra ...
Read more...
Related Stories:
-
Increase in cotton MSP to hit textile sector further: CITI - Livemint.com
CITI Chairman P D Patodia said rise in prices of raw materials, interest rates as well as input costs during the current...
2008-08-24 11:41:00 -
Cotton crop and the textile industry
DAWN Group - Although the lint rates eased to Rs2,900 per maund early last week, the price again jumped to Rs3,350 per...
2007-08-27 11:25:00 -
U.S. and global economies slipping in unison (International Herald Tribune)
The integrated market spreads prosperity — linking cotton farmers in Texas to textile mills in China — but it also spreads hurt...
2008-08-23 02:55:48 -
Ensure cheap credit to textile cos, Nath to PM - Economic Times
NEW DELHI: The commerce department has taken up cudgels on behalf of the textile industry to secure availability of cheap credit for...
2008-08-19 07:46:00 -
Textile associations slam interest rate hike - Daily Times
KARACHI: Textile Associations have expressed concern over the discount rate rise by 1.5 percent and levying of 35 percent margin requirement for...
2008-05-23 03:54:00 -
The Hindu Business Line : Textile industry seeks continuation of interest sops (The Hindu)
Justifying the need to keep in place the interest rate subvention, the APEC Chairman, Mr Rakesh Vaid enumerated the support being extended...
2008-08-21 11:35:09 -
India expects to lose half million textile jobs by April - Marketwatch
NEW YORK (MarketWatch) -- The Indian textile industry, a major foreign exchange earner for the nation, will lose half a million jobs...
2008-11-21 08:25:00 -
PM gives textile exporters all ears... but no promise (Indian Express Finance via Yahoo! India News)
After futile visits to the Commerce and Finance ministries, textile exporters today sought Prime Minister Manmohan Singh s intervention in putting the...
2007-11-26 01:10:58
