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Cabinet clears Rs 6,000 crore package for textiles, apparel

-PTI The government approved on Wednesday a Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing. “Over the last few years, apparel...

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