The government has extended a 5% duty drawback benefit to the made-ups (including towels, bed sheets, curtains, decorative cotton products, etc) sector, which will boost the home textile segment. The Cabinet approved the inclusion of made-ups in the apparel package.
The package includes additional 10 percent subsidy under the Technology Upgradation Fund Scheme, additional contribution under the Pradhan Mantri Rozgar Protsahan Yojana and Rebate of State Levies. The made-ups segment generates jobs for women and in rural areas and the government has recognized this potential while announcing the measures.
Earlier in June, the government had announced a Rs 6,000-crore package for the textile sector, aimed to generate 10 million jobs in the next three years. The made-ups sector was left out and the government was urged, led by the Cotton Textile Export Promotion Council (TEXPROCIL), to rectify this.
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