Budget to have sops for textile, gems and jewellery sectors

NEW DELHI: Taking a cue from the Gujarat elections, the finance ministry is planning to dole our special package for the textile and gems & jewellery sectors in the upcoming Budget. Despite badly hit by the GST, people in the state decided to vote for the economic agenda of the Bharatiya Janata Party government. “There … Read more Budget to have sops for textile, gems and jewellery sectors

Apparel, leather sectors need policy shift to boost jobs

The Centre needs to focus on apparel, leather and footwear sectors to boost formal and productive job creation in the economy, according to the Economic Survey. The Survey has recommended that labour and taxation reforms along with Free Trade Agreements (FTA) with the European Union and the U.K. were key to make apparel and leather … Read more Apparel, leather sectors need policy shift to boost jobs

Labour, tax reforms to boost apparel, leather sectors: Survey

Labour and tax policy reforms are needed for apparel and leather sectors as they have immense opportunities for job creation, especially for weaker sections and women, and can become vehicles for broader social transformation in the country, the Economic Survey said today. The Survey pitched for a free trade agreement with EU and the UK, … Read more Labour, tax reforms to boost apparel, leather sectors: Survey

Economic Survey 2016-17: To create jobs, focus on labour-intensive sectors

As job creation has emerged as a major challenge for the economy, the Economic Survey 2016-17 tabled in Parliament on Tuesday pointed out that the focus should be towards labour-intensive sectors such as apparel and leather. It also called for easing labour regulations and negotiating free trade agreements (FTAs) with the European Union (EU) and … Read more Economic Survey 2016-17: To create jobs, focus on labour-intensive sectors