Rs 325 crore package for export oriented textile and leather industries

February 27, 2009.

The government has announced an incentive package worth 325 crore rupees for export oriented textile and leather industries.

Unveiling the Interim Trade Policy in New Delhi last evening, the Commerce Minister Mr. Kamal Nath said that an export target of 200 billion US Dollars has been set for 2009-10.

Reduction of slab for premier trading houses to 7,500 crore rupees from 10,000 crore rupees, removal of import restriction on worked corals to address the gems and jewellery exporters were some other measures announced to give push to country's exports.

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