Home / Knowledge / News / Textiles / Govt offers 20% rebate on Khadi garments till March 31, 2010
Govt offers 20% rebate on Khadi garments till March 31, 2010
06
Aug '09
Rebate on Khadi is being given for the past many years so as to make the price of Khadi competitive with other textiles.

Normal rebate all over the year and an additional special rebate for 108 days is given to the customers and the rebate so passed on to the customers at the point of sale is reimbursed to the institutions from funds made available to Khadi and Village Industries Commission (KVIC) through budgetary resources. A proposal for introduction of Marketing Development Assistance (MDA) worked out by KVIC is in an advanced stage of consideration in the Government.

Till the MDA scheme is approved and becomes operational, keeping in view the interests of the Spinners, Weavers and Khadi institutions, the Government has announced the continuation of the Rebate Policy in 2009-10, as a special case, on August 4,2009 the entire credit of which goes to Shri Dinsha Patel, Minister of State(Independent Charge), Micro, Small and Medium Enterprises (MSME).

Normal rebate will be available upto 31.03.2010 @ 10% and an additional special rebate @ another 10% will be available for 108 days to be decided by KVIC considering the local requirements in states.

Rebate shall be allowed only on the sales executed at sales centres run by KVIC, the Khadi and Village Industries Boards (KVIBs) and also at the sales centres run by the institutions registered with KVIC/KVIBs which are engaged in the production of Khadi and polyvastra. Trading institutions which are engaged only in marketing of Khadi, will also be eligible for rebate.

All the Khadi institutions and people associated with Khadi have gratefully acknowledged the ceaseless efforts of Shri Dinsha Patel, Minister of State (Independent Charge), MSME for this success.

Press Information Bureau


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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