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Export of fibre based products
Dec '09
The Government has been taking various steps for augmenting the export of textile and clothing products as a whole, including man-made fibre based products. Some of the important measures taken by the Government are as follows:-

i) Extension of the Duty Entitlement Pass Book (DEPB) Scheme upto December 31, 2009;

ii) Restoration of the DEPB rates for Synthetic textile items such as polyester viscose yarn, polyester yarn, viscose yarn, polyester filament yarn, etc.

iii) Increase in Duty Drawback rates on knitted fabrics and on specified categories of yarn;

iv) Providing pre and post-shipment credit assistance in rupees as well as in dollars;

v) Reduction in import duties of raw materials; and

vi) Reduction in interest rates on export finance; etc.

This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in the Lok Sabha, in a written reply to a question by Shri Varun Gandhi.

Minister of State for Textiles

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