Expand interest subvention scheme beyond SMEs: CLE
Namrata Kath Hazarika | 07 Feb, 2012
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| The Indian leather sector has demanded to expand the 2 percent interest subvention on rupee export credit to cover non-SME firms in the sector, considering the series of rate hikes since early 2010 by the Reserve Bank of India, resulting in high cost of credit.
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'Condition of Indian craftsmen, weavers not very good'
Nivedita Sharma | 23 Jan, 2012
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| Expressing concern that Indian handlooms are not given due recognition in the country, designer Rahul Mishra, who is known for his contribution to Indian handlooms and has featured in a National Geographic documentary, says the condition of Indian craftsmen and weavers is not very good.. |
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Sharma launches new logo & stores of NTC
SME Times News Bureau | 24 Dec, 2011
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| Union Minister for Commerce, Industry and Textiles Anand Sharma Friday unveiled a new corporate logo reflecting the new face of the State-owned National Textile Corporation (NTC) and two new look retail stores.
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Low import duty hits Himachal silk growers
SME Times News Bureau | 20 Dec, 2011
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| Reduction in import duty on raw silk has severely hit the domestic industry, impacting the livelihood of over 9,000 farmers engaged in sericulture in Himachal Pradesh, a government official said in Shimla on Tuesday.. |
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Handloom weavers to get Rs. 2,362 cr financial help
SME Times News Bureau | 20 Dec, 2011
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| The government is likely to give Rs. 2,362.15 crore as financial help to nearly 15,000 cooperative societies and 3 lakh individuals involved in the handloom weaving business, Textiles Minister Anand Sharma said Monday.
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Govt's loan waiver to benefit 3 lakh weavers
SME Times News Bureau | 14 Dec, 2011
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| Nearly three lakh handloom weavers and 15,000 weavers' cooperatives across India are likely to benefit under a new scheme - including a loan waiver - to restructure the handloom sector, the government said on Wednesday.. |
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