Trade Agreement with European Countries

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Trade Agreement with European Countries - News and Press Release Dated:- 16-3-2017 - News - Press Information Bureau Government of India Ministry of Textiles 16-March-2017 15:19 IST India is negotiating a Broad-based Bilateral Trade and Investment Agreement (India-EU BTIA) with the European Union. The negotiation started in 2007 and sixteen rounds of negotiations have been he .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ld so far. However, there has been no agreement reached in India-EU BTIA so far. Ministry of Textiles is in constant touch with Ministry of Commerce Industry, in this regard. The government is implementing schemes like Amended Technology Upgradation Fund Scheme (ATUFS), Pradhan Mantri Paridhan Rojgar Protsahan Yojna (PMPRPY), Scheme of Rebate of State Levies (RoSL) on export of garments, Sche .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mes for Technical Textiles, Scheme for Integrated Textile Parks (SITP), Integrated Skill Development Scheme etc. to modernize textile industry, increase production and global competitiveness. Apart from the above, the Government has taken following initiatives to augment textile exports: (i) MEIS Scheme under new Foreign Trade Policy 2015-20. (ii) Restoring Interest rate subvention f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or pre and post shipment credit for the textile sector, (iii) Expanding the scope of Merchandise Export from India Scheme (MEIS) since 29.10.2015 to 110 new tariff lines and increase rates or country coverage or both for 2228 existing tariff lines. (iv) Increased Duty Drawback rates for some textile articles. (v) Market Access Initiative (MAI) Scheme. (vi) Market Development As .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sistance (MDA) Scheme. (vii) Duty Free import of trimmings, embellishments and other specified item under Export Performance Certificate Entitlement Scheme. The above information was given by the Minister of State, Textiles, Shri Ajay Tamta today, in a written reply to a Lok Sabha question. ***** GG/DJM - News - Press release - PIB Tax Management India - taxmanagementindia - taxm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X