MUMBAI, India, Aug. 20 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,31,769.75 5.25 0.01-6.35 I. Call Money 16,735.50 5.43 4.70-5.52 II. Triparty Repo 4,17,278.35 5.34 5.20-5.45 III. Market Repo 1,94,784.35 5.05 0.01-5.55 IV. Repo in Corporate Bond 2,971.55 5.55 5.50-6.35 B. Term Segment I. Notice Money** 110.85 5.37 5.00-5.45 II. T...
India, Aug. 19 -- The Government of India issued the following news release: The India Textiles and Apparel Industry plays a crucial role in India's economic growth, boosting exports, creating jobs, empowering women and showcasing India's rich heritage and culture. As per National Account Statistics, 2025, the average share of textile and apparel industry is approximately 2% of country's GDP and 11% of manufacturing GVA during the last three years. The sector contributes direct employment of mo...
India, Aug. 19 -- The Government of India issued the following news release: The government has introduced some of the measures including following in the union Budget 2025-26 to support manufacturing in textiles and traditional sector like handicraft including SC, ST, and OBC artisans: To promote domestic production of technical textile products such as agro-textiles, medical textiles and geo textiles at competitive prices, addition of two more types of shuttle-less looms to the list of fully...
India, Aug. 19 -- The Government of India issued the following news release: The Government has launched a Climate-Smart Agro-Textile Demonstration Centre at Navsari Agricultural University, Gujarat, on 21st December 2024. The Centre is maintained by Synthetic and Art Silk Mills' Research Association (SASMIRA) to promote sustainable agro-textile applications through live demonstrations, farmer training, and awareness programs. Its objective is to boost productivity, reduce costs, enhance climat...
India, Aug. 19 -- The Government of India issued the following news release: Office of the Development Commissioner (Handicrafts), Ministry of Textiles, Govt. of India through Ambedkar Hastshilp Vikas Yojana (AHVY) component of National Handicrafts Development Programme (NHDP) Scheme envisages supporting viable craft clusters across the country through formation of Producer Companies and subsequently providing need-based intervention like design and technical development workshop, distribution ...
India, Aug. 19 -- The Government of India issued the following news release: According to Fourth All India Handloom Census 2019-20 report, there are 26,73,891 handloom weavers and 8,48,621 allied workers in handloom sector across the country. Details for State/UT-wise number of handloom weavers and allied workers in handloom sector are below. To increase the income of handloom weavers and for their upliftment, Ministry of Textiles is implementing following schemes across the country: National...
India, Aug. 19 -- The Government of India issued the following news release: In a move aimed at stabilizing domestic cotton prices and supporting the textile industry, the Government of India has exempted all customs duties on the import of raw cotton with effect from 19th August 2025 until 30th September 2025. This includes the removal of both the 5% Basic Customs Duty (BCD), the 5% Agriculture Infrastructure and Development Cess (AIDC), and a 10% Social Welfare Surcharge on both, cumulatively...
India, Aug. 19 -- The Government of India issued the following news release: Steel sector is deregulated, where the government's role is primarily that of a facilitator. This allows steel companies to make independent decisions regarding their operations based on market dynamics and commercial considerations. Rolls are normally procured in Steel Authority of India Limited (SAIL) through the Centralized Procurement Agency (CPA) on a three-year cycle, pursuant to duly approved Task Force recomme...
India, Aug. 19 -- The Government of India issued the following news release: CSR projects by Steel Central Public Sector Enterprises (CPSEs) are undertaken as per Section 135 of the Companies Act, 2013. These projects focus on areas such as education, health, women empowerment, rural development, sanitation, and environment sustainability, mainly in the vicinity of Steel Plants, Mines, and Townships. Over the last ten years, projects have been implemented across several states including Andhra ...
India, Aug. 19 -- The Government of India issued the following news release: Department of Social Justice and Empowerment launched the Pradhan Mantri - Dakshta Aur Kushalta Sampann Hitgrahi (PM-DAKSH) Scheme, a Central Sector Scheme, in the financial year 2020-21, for providing skill training to SCs, OBCs, EWSs, DNTs, Safai Karamcharis, including Waste Pickers through the empaneled training institutes. The details of skill training conducted under PM-DAKSH Scheme in the country, State-wise is ...