17th January 2002

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Cultivation of Bt cotton in China - III
Apart from the USA, China is the only country in the world to successfully develop its own genetically modified insect-resistant cotton popularly known as Bt cotton.

CII seeks uniform excise rate of 8% for garments
The Confederation of Indian Industry (CII) has asked the government to uniformly tax all garments, including knitted and woven, at the rate of eight per cent excise duty.

VAT deadline for all states may be deferred to Apr 2003
The government is likely to postpone by an year the deadline for nationwide implementation of value-added tax (VAT) system to April 2003 in the face of slowdown and other hurdles faced by states.

 


This Week

EDIT
Hike in duty
The government’s recent decision to hike the import duty on raw cotton to 10 per cent from 5 per cent appears to be a short-sighted one, particularly in the current situation when the industry is passing through a difficult phase on more than one front.

TEX Mart
Strategic planning in the rapidly changing nonwovens industry : The challenge of growth
The world nonwovens industry is under stress, even though demand for its products continues to rise strongly.

Tex Talk
Discounts galore!

“What irks you the most in the textile trade?” asked a participant during an interactive session with me at a recent seminar on ‘Making India the trend setter in garment trade’.

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