New Delhi, Saturday, March 09, 2019: CITI welcomes the new Textile Policy 2019 announced by the Government of Tamil Nadu. Thiru. Edapaddi Palanisamy, Hon’ble Chief Minister of Tamilnadu announced a comprehensive Textile Policy 2019 for the Tamil Nadu Textiles and Clothing Industry. The policy gives a slew of incentives for the…
Month: March 2019
New Delhi, Friday, 08 March 2019: Chairman CITI, Shri Sanjay Kumar Jain welcomes the Government’s decision to reduce the Hank Yarn Obligation (HYO) from 40% to 30% of the total weaving yarn produced for domestic consumption. This step would remove the anomaly of excessive obligation of hank yarn and save the ailing spinning…
New Delhi, 7 March 2019: Chairman CITI, Shri Sanjay Kumar Jain welcomed the Cabinet decision approving the Scheme to Rebate State and Central Embedded Taxes to Support the Textile Sector. CITI Chairman thanked the Union Cabinet chaired by Hon’ble Prime Minister, Shri Narendra Modi for approving the scheme as it will…