ASHOK G ra­jani, For­mer Chair­man OF aepc

Perfect Sourcing - - Burning Issue -

It was dis­ap­point­ing that the Gov­ern­ment was not look­ing at this sec­tor se­ri­ously or help­ing, de­spite the fact that tex­tile is one of the largest em­ploy­ment sec­tors in the coun­try. Ev­ery $1 bil­lion of ad­di­tional busi­ness can cre­ate 700,000 jobs. But, af­ter the im­ple­men­ta­tion of GST, with­drawal of duty draw­back, de­lay in re­fund and lack of in­cen­tives to the sec­tor are re­sult­ing in units to shut­ting shop.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.