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Incentives will continue despite interest hike - Minister

05
Nov '09
Irrespective of the increase in interest rates implemented by the apex bank in the country, the government will continue the incentives declared earlier, said so, the Textiles Minister.

The minister said that the hike in interest rates will not affect the textile policy and the incentives announced in the same will continue.

He said government has provided additional aid to textile industry despite rise in interest rate of export refinancing and long term financing by the State Bank of Pakistan.

Fibre2fashion News Desk - India


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