Home / Knowledge / News / Apparel/Garments / GEA President welcomes proposal to launch skill development programme
GEA President welcomes proposal to launch skill development programme
Mar '10
Expressing disappointment for lack of any special provision for the garment sector in budget proposals for 2010-11, Mr.Rakesh Vaid, President, Garments Exporters Association regretted that the finance minister did not include textiles and clothing industry while extending two per cent interest subvention for exports credits by one year.

"The budget has not given due consideration to various recommendations of the exporting community," said Mr Vaid. "The finance ministry should have appreciated the fact that labour-intensive garment export sector requires special consideration as it adds maximum value to the exported products using over 95 percent indigenous materials."

The textile and clothing Industry is second largest employment generated after agriculture with direct employment of 33 million people and indirect employment of 55 million people. Nearly half of seven million workers employed in the garment sector are engaged in exports. India exports garments worth 10 billion dollars (about Rs 46,000 crore) annually and ranks sixth worldwide. Mr Vaid said the budget also did not touch upon issues of India's cost competitiveness vis-a-vis neighbouring countries, specific concerns relating to high transaction costs, poor infrastructure and realistic duty drawback rates.

He further pointed out that the Budget should have provided the necessary exemption from service tax on all export related services to avoid blockage of capital of exporters, as the present procedure of first depositing and then claiming refund is time-consuming, resulting in unnecessary delays and harassment.

He further pointed out that increase in excise duty and prices of petroleum products will further increase the input and transaction cost of exporters who are still reeling under the impact of global economic slowdown.

However, Mr Vaid has welcomed the proposal to launch an extensive skill development programme by leveraging the strength of existing institutions to train three million workers in the next five years. He also appreciated the initiative to provide one time grant of Rs.200 crore to 20 Common Effluent Treatment Plant(CETP) installed by dyeing units in Tirupur, Tamil Nadu.

Garments Exporters Association

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search