In a similar measure to further support the cottage and fledgling industrial sector, the export obligation period has been extended from eight to 12 years. It is the largest foreign exchange earner (about 35 per cent of the forex coffers), contributing to over 20 per cent of India's exports and 14 per cent of the industrial output, securing more than 5 per cent of the country's GDP and providing direct employment to 38 million people belonging primarily to weaker sections of the society,...

When the time comes for these farmers to sell their cotton or wheat quotas to the state, they usually have to scramble to buy up others excess crops at market prices. But it is unclear whether the authorities have the legal powers to do so it is not a criminal offence to plant other crops instead of cotton. This comes at a cost - farmers who resorted to this measure last year said the amount they got from the government was half what they had paid for the crops they bought on the open...

The decision to import cotton would be implemented in phases under which long staple cotton would be imported from India in the first phase. However, the decision to import short staple cotton would be taken after carrying out the study that will determine if the farmers' community in Pakistan will be affected or not, media reports here said. The permission to import through Wagah followed pressure from local textile industry that high import costs due to imports through sea were making...

In a similar measure to further support the cottage and fledgling industrial sector, the export obligation period has been extended from eight to 12 years. It is the largest foreign exchange earner (about 35 per cent of the forex coffers), contributing to over 20 per cent of India s exports and 14 per cent of the industrial output, securing more than 5 per cent of the country s GDP and providing direct employment to 38 million people belonging primarily to weaker sections of the society,...

YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) Sign In . Sign Up . About . Help . Learn More . Blog Recent News . Local News . News by Category . News by Date YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) Sign In . Sign Up . About . Help . Learn More . Blog Recent News . Local News ....