MINISTER OF STATE FOR TEXTILES
(SHRI AJAY TAMTA)
(a): India’s textile and apparel exports including handicrafts contributed 13%, 15.1% and 14.4% in India’s total exports during 2014-15, 2015-16 and 2017-18 respectively.
(b) & (c): To increase exports of textile and apparel sector, Government announced a special package for garments and made-ups. Under the scheme of Rebate of State Levies, Rs 2230 crores has been released to exporters of garment and made-ups since September 2016. The rates under Merchandise Exports from India Scheme (MEIS) have been enhanced from 2% to 4% for apparel and made-ups w.e.f. 1st November 2017. Further, IGST has been exempted on import under Advance Authorisation and Export Promotion Capital Goods Scheme (EPCG). Government is also providing interest rate subvention for pre and post shipment credit for the textile sector and gives assistance to exporters under Market Access Initiative (MAI) Scheme.
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