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Waiting
for a pro-active package
Textile industry is waiting for the new textile package which has
been promised by the commerce minister, Mr Kamal Nath, a month ago.
The government is certainly keen to ensure that the post-quota era
becomes an Indian era.
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DEPB debacle
The sharp reduction in DEPB rates on textiles
has created a significant doubt in industry’s mind about government’s
policy intention to help it prepare for the global challenges in the post-MFA
regime.
Home textiles: A key driver for
textile exports
After more than 40 years of import quotas, the textile and clothing sector
will become subject to the general rules of General Agreement on Tariffs
and Trade (GATT) from January 1, 2005.
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