Home / Knowledge / News / Textiles / Union Budget 2008-09
Union Budget 2008-09
Feb '08
Union Finance Minister Mr P Chidambaram has just risen in the Parliament to read his Budget 2008-2009 speech. Fibre2fashion is privileged to bring his announcements and declarations on the Budget for the coming fiscal live.

Following are the highlights of P Chidambaram's presentation of the Indian Union Budget 2007-2008: FM confident of maintaining growth-rate of 8.8% for current fiscal

Sensex down 128pts

Nifty is down 43 points at 5,242

CPU GDP 7.5 pct 9.4 pct, 9. pct average 8.8 pct

Global finance policy 9.1 pct

Inflation high 2007

Court will take measure to create financial stability 2008 Agriculture total output 219.32 mn all time record

Check foreign inflow to stabilise Indian mkts

Agriculture growth rate at 2.6 per cent in 2007-08. Total agricultural output 219.32 million tons

All agri loans by RRBs, co-operatives, scheduled commercial banks overdue taken before March 2007 and outstanding on December 2007 are covered

Agri credit will doubled by march 2008 upon being granted debt waiver farmer will be entitle to fresh loans OTS relief - 10,000 cr

Govt announces three schemes to give social security to workers in unorganised sector

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

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