The Nepalese government has finalized providing cash incentive facility to Pashmina, apparel and carpet sectors.
Two carpet companies and one Pashmina producer have been selected for giving cash incentive, a top official of the Ministry of Industry, said. The government has made it easier for companies to avail these cash incentives, he added.
Under the cash incentive program, goods with a value addition of 30-50 percent will get two percent, value addition of 50-80 percent are entitled to three percent and for value addition above 80 percent, it will be four per cent.
Fibre2fashion News Desk - India