Home / Knowledge / News / Textiles / EPCH delegation meets Anand Sharma

EPCH delegation meets Anand Sharma

23
Jan '10
A delegation of the exporters of handicrafts led by Shri Raj Kumar Malhotra, Chairman, Export Promotion Council for Handicrafts (EPCH) met Shri Anand Sharma, Union Minister of Commerce & Industry, and thanked him for the initiatives taken by the Ministry of Commerce in supporting the handicraft sector and taking policy measures during the economy crisis. The handicrafts exporters also submitted a report on the Impact Appraisal of initiatives of Ministry of Commerce for the benefit of handicraft sector.

In order to keep pace with the evolving opportunities in the sector and meet the demand in the international markets and consumer preferences, Shri Anand Sharma, has intervened and provided a push to the Indian Handicrafts Sector by providing various incentives like inclusion of all handicraft Items under Vishesh Krishi Gramoudyog Yojna entitling 5% duty credit scrips under new special focus product scheme, extension of interest subvention of 2%, classifying Jaipur, Srinagar & Anantnag under town of export excellence, 0% custom duty under EPCG for handicrafts sector, extending export obligation,status holder getting duty credit scrips @1% of the value of past exports, special stimulus for opening of showrooms and warehouses in Latin American Countries.

Shri Raj Kumar Malhotra said that the recent stimulus package announced by the Ministry of Commerce has also assured support to the setting-up of warehouse and showroom in Latin America by Export Promotion Council for Handicraft. This would further boost the exports to the new and untapped markets. The continuation of interest subvention of 2% provided to labour intensive sectors such as handicrafts and request to RBI to instruct commercial banks for non crystallization of overdue export proceeds for a period of six months from due date (instead of one month at present) in respect of handicrafts and carpets will also give a push to the handicraft exports at this critical juncture, said Shri Malhotra.

Press Information Bureau


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 10th Apr 2020

Buyers willing to pay for goods processed, in production

More companies have come forward in assuring suppliers that they...

Pic: Pixabay

Textiles | On 10th Apr 2020

EU agrees on bailout package worth half-a-trillion euros

European Union (EU) finance ministers yesterday agreed on a bailout...

Pic: Shutterstock

Apparel/Garments | On 10th Apr 2020

€5-mn EU emergency fund for Myanmar garment workers

In solidarity with Myanmar and the workers at risk in the garment...

Interviews View All

Viral Desai, Zenitex Mill Pvt Ltd

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Anavila Misra, Anavila Collection

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Poonam Naik Desai,

Poonam Naik Desai

Peekaboo is a sustainable, high quality, luxury sleepwear brand providing...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Ritu Ajbani & Neha Agarwal,

Ritu Ajbani & Neha Agarwal

Petit Royal, co-founded by entrepreneurs <b>Ritu Ajbani and Neha...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

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

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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


April 2020

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


Advanced Search