Issue dated - 26th February. 2004

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More mill workers being thrown out of jobs
At a time when the “feel good factor” is doing the rounds, particularly in the high society, more and more textile mill workers continue to be thrown out of jobs as textile mills continue to close down at a rate of five to six every month.

Newly launched site promotes increased consumer demand programs for cotton
The International Forum for Cotton Promotion (IFCP) has announced the launch of www.cottonpromotion.org, a website designed to enlighten and empower cotton organizations in the service of increasing consumption of cotton within their own markets.

Five SEZs nearing completion
Describing special economic zones as engines of growth, the government said five out of the 23 recently approved SEZs were nearing completion.

 


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DEPB issue
The recent reduction in DEPB rate is going to further squeeze the margins of exporters who are already hard pressed to compete the global trade challenge.


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