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Government Implements Yarn Subsidy and Tax Reliefs to Boost Textile Exports

Official Press

12 Dec 2025

The Ministry of Textiles has launched the Raw Material Supply Scheme to make yarn accessible to weavers by providing freight reimbursement and a 15% price subsidy on specified yarns. The government also exempted customs duties on cotton, extended the RoDTEP scheme, introduced GST reforms to enhance domestic demand, and provided export reliefs through the RBI. Despite tariff challenges, handloom exports showed resilience, growing from ₹101.46 crore in September 2024 to ₹110.29 crore in September 2025. These measures aim to strengthen the handloom sector's cost efficiency and international competitiveness.

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Republic Day Parade 2026: Best Contingents and Tableaux Announced

The Ministry of Defence has announced the winners for the Best Marching Contingents and Best Tableaux at the Republic Day Parade 2026. The event celebrated excellence across various categories, awarding the Indian Navy and Delhi Police among the Services and CAPFs, respectively. Top States for tableaux included Maharashtra, Jammu &

IBBI and INSOL India Host 3rd International Conclave 2026 in New Delhi

The Insolvency and Bankruptcy Board of India (IBBI) together with INSOL India organized the 3rd International Conclave 2026 in New Delhi. The gathering marked a decade of the Insolvency and Bankruptcy Code (IBC) and examined future reforms. Experts highlighted the evolution and impact of the IBC on India's

PM Modi Highlights India's Aviation Sector Growth and Future Prospects at Wings India 2026

Prime Minister Narendra Modi addressed the Wings India 2026 summit via video conferencing, focusing on India's booming aviation sector. He highlighted India's transformation into the world's third-largest domestic aviation market due to policy initiatives and infrastructural development. Modi emphasized plans to expand the number

India and EU Finalize Landmark Free Trade Agreement on Financial Services

India and the European Union have successfully concluded negotiations on a Free Trade Agreement concerning financial services. This marks a crucial development in the economic and strategic partnership between the two regions. The agreement features innovative provisions on digital payments, fintech collaboration, and includes enhanced market access and regulatory frameworks.

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Republic Day Parade 2026: Best Contingents and Tableaux Announced

IBBI and INSOL India Host 3rd International Conclave 2026 in New Delhi

PM Modi Highlights India's Aviation Sector Growth and Future Prospects at Wings India 2026

India and EU Finalize Landmark Free Trade Agreement on Financial Services