>>
Home / Knowledge / News / Textiles / Stakeholders boost efforts on disbursal of textile revival fund

Stakeholders boost efforts on disbursal of textile revival fund

03
Aug '09
Stakeholders of the textile industry fed up with the delay in reimbursement of the N100 billion textile revival funds are now taking initiatives to revive the same.

The biggest objective of this group is to find the ways and means to raise the funds for the revival fund which is lying in limbo since five years.

The main organisations which are leading the drive are the Senate Committee on Commerce and Industry, the Bank of Industry (BoI) and the Ministry of Commerce and Industry.

Following a meeting of the textile industry and the ministry, the ministry has promised to find a way out for speedy disbursal of the revival fund.

This has come about due to the pressure from the textile sector after a Minister confessed that no provision has been made for the fund in the budget.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 17th Jan 2022

China’s GDP increases by 8.1% in 2021

The GDP of China was 114,367 billion yuan in 2021, an increase of 8.1 ...

Pic: Shutterstock

Textiles | On 17th Jan 2022

EU-UK bilateral trade of textiles witness major drop: EURATEX

The imports and exports of textiles between the EU and UK have...

Pic: Shutterstock

Textiles | On 17th Jan 2022

Canada-Vietnam sign MoU for joint economic committee

Canada and Vietnam recently signed a memorandum of understanding...

Interviews View All

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

J Vargas,

J Vargas

With a vision to be the world's top tier textile manufacturer, Badjatex...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

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

Leave your Comments

ESTEEMED CLIENTS

Amazon China
Puma
Grasim Industries Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Calvin Klein
Rosset ;& Cia Limited
Gokaldas Exports Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Chori Company Limited
Desigual - ABASIC, S.A.
Sportmaster Ltd.
G-Star Raw C.V.
Landmark Group
Guess Europe Sagl,
Page Industries Limited (Bangalore)
Varner AS Retail
Alix Partners
Reiter India Private Limited

January 2022

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


Advanced Search