AEPC is keen on tapping the National Rural Employment Guarantee Scheme. "We have written to the planning commission and the proposal is also with the textiles ministry," AEPC chairman Premal Udani said. Training in apparel making could be made part of  NREGS for which the industry could contribute Rs 50 per worker per day, initially. Once the worker is employed the industry would give an amount equivalent to the government's contribution...

Indian cotton was once infamously plundered by the British to benefit their finished goods economy back home. The world-famous Dhaka muslin were woven with desi cotton. But while the foreign regime kept the Indian cotton alive, albeit for its own gains, independent India presided over its complete decimation. However, after about 50 years of domination of American cotton that had edged out the desi varieties for long, the Indian Council of...

India is understood to have told Pakistan that it is ready to lift the ban on cotton exports if the latter resumes its onion exports through rail and land routes. Official sources in the Commerce Ministry said this was conveyed to Islamabad by the External Affairs Ministry. “The Indian side has conveyed to the Pakistani counterparts that it was ready to revisit the cotton export ban and ceiling issues, if the...

Taking forward the pro-poor schemes of Y.S. Rajasekhara Reddy, Chief Minister N. Kiran Kumar Reddy announced in style his New Year gift: a housing scheme for the urban poor. With a proposed budget of Rs.5,000 crore, the project, ‘Rajiv Awaas Yojna', will ensure pucca houses to the poor in every slum across the State. Announcing the scheme amid much fanfare during a surprise visit to a slum in the city's outskirts, the...

High cotton prices spun out enough problems for India’s $62 billion textiles industry, but weaved gains for growers and traders in 2010. Amid pulls and pressures from the conflicting interests, a ministers’ group under the guidance of finance minister Pranab Mukherjee kept reviewing the price and crop situation, with excessive winter rains playing spoilsport. The textiles industry pulled out all stops to lobby with the textiles, commerce and finance ministries seeking a...