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No withdrawal of Textiles Committee cess: Vaghela
The Union Government is not in favour of withdrawing the Textile Committee cess as large amounts of cess are yet to be recovered, Shankarsinh Vaghela, Union Textiles Minister, said here on Wednesday. Addressing the annual Economic Editor's Conference or...more
by Textile Excellence
View more news from [ New Delhi ] [ India ]
The Union Government is not in favour of withdrawing the Textile Committee cess as large amounts of cess are yet to be recovered, Shankarsinh Vaghela, Union Textiles Minister, said here on Wednesday.
Addressing the annual Economic Editor's Conference organised by the Press Information Bureau, Mr. Vaghela said, "Many big players have yet to pay their cess fully. They have to be recovered first before we can think of withdrawing it.''
Mr. Vaghela


said the Union Cabinet was likely to clear a proposal to upgrade the National Institute of Fashion Technology (NIFT) here as a national institution of importance on the lines of the Indian Institutes of Technology (IITs) when it met here on Thursday.
He said the Centre was considering two more NIFTs, one in Kerala and the other in Uttar Pradesh. The exact locations would be decided soon.
Mr. Vaghela said textile exports had made a quantum jump since the removal of quotas from January 1, particularly to the U.S. and Europe.
 



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