E-Paper
Ten per cent capital subsidy for the textile sector
Chidambaram announced ten per cent capital subsidy for the textile sector.
Updated on: Feb 28, 2005, 15:40:00 IST
Share via
Copy link
Chidambaram announced ten per cent capital subsidy for the textile sector.
The allocation for Rs 25,000 crore-technology upgradation fund has been increased by Rs 435 crore.
Rs 20,000 crore has already been spent by the textile industry to meet challenges of post quota regime. It is to go up to Rs 30,000 crore in the near future.
He announced a manufacturing competitiveness programme to improve the small scale and medium sized manufacturing industries.
He also announced Rs 40 crore for modernisation of 20 clusters of handloom manufacturers.
Check India news real-time updates, latest news on Hindustan Times and more across India.
