Steps taken by Governmenttopromote Shipbuildingin Indian Shipyards

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that to promote shipbuilding in Indian shipyards, the Government of India has on December 9, 2015 approved New Shipbuilding Financial Assistance policy for Indian shipyards for shipbuilding contracts signed … Read more

70 Rail and Road Projects Worth Rs 48,782 Crore Undertaken for Enhancementof Port Connectivity: Shri Mansukh Mandaviya

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that the Government of India has undertaken 55 rail projects worth Rs. 45883.2 crore and 15 projects worth Rs. 2899 Crore for enhancing port connectivity at various Major and … Read more

Assessment on Man-Made Fibres

The Group of Secretaries (GoS) comprising Secretary, Textiles, Commerce, Financial Services, Chemicals & Petrochemicals and Revenue has done the assessment for the growth of Man Made Fibre (MMF) sector and entire value chain. The recommendations of GoS are as under: The Group of Secretaries noted the decision of the GST Council to allow input tax … Read more

Credit Profile of Textile Sector

As per RBI data credit exposure to the textiles sector increased to Rs. 203549 crores during March 2019 from Rs. 196818 crores during October 2018 which declined to Rs. 187677 crores during October 2019. Bank credit record 8.4% year on year growth (October 2019/October 2018) for Jute Sector, 9.5% year on year growth for Man … Read more