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 EICA
introduces online trading in cotton futures
The East India Cotton Association (EICA) has finally commenced
the much awaited online trading in the Indian Cotton Contract (ICC).
More
credit facilities needed for SSIs: PHDCCI
The PHD Chamber of Commerce and Industry said provisions under
the credit guarantee scheme should be enhanced to Rs 1,000 crore
from the present Rs 100 crore to facilitate small scale industries’
entry into high growth areas.
Centre
to give financial aid to 308 factories in Gujarat
The Union textiles minister Mr Kashiram Rana has said that financial
assitance of Rs 1,800 crore to 308 ginning and pressing factories
in Gujarat will help reduce contamination in cotton and enable various
types of Gujarat cotton including Hybrid-4, Hybrid-6 and Kalyan
to be marketed clean.
ASEAN
aims to break free from China’s shadow, speeds up AFTA
The southeast Asian nations, armed with a new policy to accelerate
free trade plans, are launching a fresh bid to become a powerful
trading bloc to break free from China’s economic shadow.
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