Home / Knowledge / News / Textiles / Exempt khadi items from GST: Kalraj Mishra
Exempt khadi items from GST: Kalraj Mishra
Jul '17
Minister of micro, small and medium enterprises (MSME) Kalraj Mishra has hoped for the exemption of khadi products under the Goods and Services Tax (GST), which currently attract 5 to 12 per cent taxes. He added that the GST Council is re-analysing taxes levied on various khadi items for the benefit of weavers and spinners associated with the khadi industry.

While speaking at a meeting of khadi institutions in Delhi, Mishra added that finance minister Arun Jaitley has assured him to exempt khadi industry from GST to help the economically backward spinners and weavers.

He also said that in order to make khadi a global brand, exhibitions should be organised at various embassies and high commissions.

Minister of state for MSME Giriraj Singh spoke about providing sustainable economic growth to khadi artisans. He expressed concern over the reduction in the number of artisans which went from 11 lakh in 1950 to about 2 lakh at present.

Vinai Kumar Saxena, chairman of Khadi and Village Industries Commission (KVIC) was also present at the meeting and said that lower wages compared with other organisations has lowered the morale of the skilled workers and has discouraged new generation of entrepreneurs to enter the segment.

A plan is currently being made to make optimum use of khadi institutions' non-profitable and dormant assets, added Saxena. They can either be revamped or disposed to deposit liabilities as loans from various institutions. (KD)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Mario Crosta

Textiles | On 23rd Oct 2018

'Global textile machinery market may grow at 14% by 2020'

Analysts have predicted that the global textile machinery market may...

Cotton production and exports in West Africa. Courtesy: FAS/USDA

Textiles | On 23rd Oct 2018

Record cotton production to drive West Africa exports

Cotton exports from West Africa for 2018-19 are projected to surpass...

Courtesy: Prudence Earl on Unsplash

Textiles | On 23rd Oct 2018

Sri Lanka's textile exports up 4.7% in Jan-July '18

Sri Lanka’s earnings from textiles and garments exports increased by...

Interviews View All

Prabu Mohanram, Balavigna Weaving Mills Pvt Ltd

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli, Epson, For.Tex & F.lli Robustelli

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Alfonso Marra, Klopman

Alfonso Marra

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Robert Brunner, Devereux

Robert Brunner

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

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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


Leave your Comments

October 2018

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

news category

Related Categories:

Advanced Search