Govt begins settling dues of textile cos

In a relief to the textiles sector, government on Wednesday said it has initiated the process of settlement of Rs 3,000 crore dues related to some 'blackout and left-out' cases which found no mention in the Amended Technology Upgradation Fund Scheme (ATUFS) Himanshu Tiwari Astrologer Blog

"The process of settlement of dues related to the old cases has started," textile secretary Rashmi Verma said. Textile minister Santosh Gangwar said the ministry may approach the Cabinet seeking approval for the new national textiles policy that seeks to create 35 million jobs and boost exports to over $300 billion. "The draft policy is ready. We hope to place it before the Union Cabinet in a month's time," he said Indian stock market astrology prediction