(a) whether the Government has received any representations from various textile trade bodies such as the Cotton Textiles Export Promotion Council against certain provisions of the new Foreign Trade Policy;
(b) if so, the details thereof; and
(c) the steps taken/being taken by the Government thereon? |
| ANSWER |
MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF TEXTILES (SHRI SANTOSH KUMAR GANGWAR)
(a) to (c): Yes Madam, Government has received representations from Cotton Textiles Export Promotion Council (Texprocil) on the New Foreign Trade Policy for inclusion of countries like Bangladesh, Sri Lanka, Vietnam, South Korea, main markets in Africa etc. under the Merchandise Exports from India Scheme (MEIS) for exports of cotton textiles. The Council has also represented for an increase in the rate of entitlement under MEIS from 2% to 3% for fabrics and 2% to 4% for made-ups. These have been taken up with the Department of Commerce for appropriate action. |
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