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This makes importing yarn cheaper than getting domestically

Availability of cheaper visغير مجاز مي باشدe yarn will also affect cotton yarn demand as fabric-makers will use more visغير مجاز مي باشدe than cotton in their products. "We want the total tax incidence to be 15 per cent or at least 10 per cent on yarn to deter increasing imports," said Jain.‘Since the US-China trade war started slowing down the demand for visغير مجاز مي باشدe yarn globally, India has been increasingly witnessing dumping of visغير مجاز مي باشدe yarn..Chennai: Import of visغير مجاز مي باشدe yarn has shot up close to 200 per cent since May as China and Indonesia are dumping cheaper yarn into the Indian market.India is self-sufficient in yarn and it does not need imports.

This makes importing yarn cheaper than getting domestically produced غير مجاز مي باشدtlier fibre," he said.5 per cent import duty. Since May, imports have been drastically going up, with July witnessing a 342 per cent growth in imports and August seeing an 816 per cent rise. But if the duties remain the same, imports will continue to impact the domestic spinning industry. China and Indonesia have been dumping cheaper yarn into the country, thus ,affecting the spinning industry severely," said Sanjay Jain, former chairman of the Confederation of Indian Textile Industry (CITI)According to Rakesh Mehra, Convenor, CITI’s Sub-Committee on Man-Made Fibre & Yarn, the inverted duty structure in visغير مجاز مي باشدe yarn and fibre also has led to the situation. The industry is in a catch-22 situation while demanding increase in duties to check heightened imports, as it would work against the competitiveness in the downstream segments.But this has put the industry in a difficult situation. If the yarn duties are increased, either fabric imports will go up or the entire value chain will become غير مجاز مي باشدtlier, affecting the competitiveness of Indian products in the global market.Between May and September this year, the country has imported 14,510,000 kg of visغير مجاز مي باشدe yarn, 195 per cent higher than 4,920,000 kg China Easy-clean washing Polyester Suppliers imported in the same period last year.The industry has requested the government to levy anti-dumping duty on yarn as well."Ideally, there should not be anti-dumping duty in any segment to keep the prices under check down the value chain," said Mehra. "While most of the spinning mills are running on lower capacity, some smaller mills in south India are facing a tough time," he said. "For visغير مجاز مي باشدe fibre, India levies import duty as well as anti-dumping duty, which leads to a total tax incidence of around 20 per cent, whereas yarn attracts only 5


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The reforms were approved within

Recently, the government approved reforms in the apparel Made-ups sector, aimed at creating large scale direct and indirect employment of up to 11 lakh persons over the next three years and boosting exports. On taking charge, Irani retorted to critics quoting from a popular Hindi song of the 1970s, "Kuchh toh log kahenge, logon ka kaam hai kehna" (people are bound to say things because they have to say something).A Rs 6,006-crore special package for textiles and apparel sector was rolled out in June, expected to create one crore new jobs in three years, attract investments of USD 11 billion and generate USD 30 billion in exports.New Delhi: 2016 turned out to be a mixed bag for textiles, as the government unveiled reforms to impart a thrust to the sector, rolled out innovative campaigns like I Wear Handloom, a new Minister at the helm, and a controversy over the appointment of former cricketer Chetan Chauhan as the NIFT chief. The campaign became a hit as many prominent faces posted selfies sporting handspun clothing on social networking site Twitter.The Textiles Minister is faced with an uphill task, as overall exports of textiles and garments from India during 2015-16 were USD 40 billion, falling way short of the USD 47.A few days later, Smriti Irani, shunted out of HRD, assumed the mantle of the Textiles Minister.Soon after, there were media reports of a tussle between Irani and Textiles Secretary Rashmi Verma, an IAS officer of 1982 Bihar cadre and sister of Cabinet Secretary P K Sinha.The new upgraded ID card for artisans is linked with their Aadhar numbers & bank accounts so that they can receive direct cash transfer benefit.Apparently, differences cropped up between the two ladies on a range of issues from procedural and the administrative to those related to policy.5 billion target.The year began with the government notifying the Amended Technology Upgradation Fund Scheme (A-TUFS) to provide a one- time capital subsidy for investments in employment-and technology-intensive segments of the textile sector, China two way stretch fabric a move aimed at promoting exports and import substitution. However, no one came on record to talk about the issue..The government brought in major labour law reforms in the garb of the package to increase productivity, and offered additional incentives for duty drawback scheme for garments.

The reforms were approved within the Rs 6,006 crore budget for the apparel package announced earlier.In fact, the Government recently admitted that the USD 48 billion target for textiles and garment exports for 2016-17 may be "hard to achieve", mainly because of less demand in major markets such as the US, EU and China.However, as the year draws to a close, the much-awaited new National Textiles Policy is yet to see the light of day, with the Textiles Ministry still engaged in consultations with stakeholders chalking out nitty-gritty of its roadmap.Irani tried to steer clear of the controversy by coming up with innovative ideas like the I Wear Handloom campaign to show support for Indian weavers.The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs. The textiles industry is eagerly awaiting the roll out of the policy in 2017, as it could make Indian garments more competitive in international markets by reducing the غير مجاز مي باشدt of production, and all eyes are on Irani, hoping she will infuse fresh momentum into the sector.Around the same time, Textiles Ministry found itself at the heart of a controversy, with the appointment of Chauhan as the Chairman of NIFT, and many questioning the governments decision, raising doubts over his credentials to lead Indias premier fashion technology institute.Irani, who had a successful stint as a TV actress before taking plunge into politics and fought unsuccessfully against Rahul Gandhi from Amethi in the 2014 Lok Sabha elections, also launched Pehchan, a move to register and provide ID cards to handicraft artisans.The year also witnessed Textiles Ministry aggressively inking MoUs with reputed apparel brands to sell handloom products in retail stores, attempting to draw people towards the fabric and increase its sales


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