Union Textile Minister Giriraj Singh said, "This is a comprehensive and all-encompassing budget. As the Textile Minister, I can only say that this journey, started by PM Modi in 2014-15 from Rs 15-16 lakh, has now gone above Rs 53 lakh today.
Madhya Pradesh Chief Minister Mohan Yadav on Sunday said that the Union Budget 2026 focuses on the poorer sections of society, the growing youth, farmers, and women, underlining the allocation of Rs 1.4 lakh crores for the state.
"I don't know what course correction he is referring to. The economy and its fundamentals are strong. Global uncertainty is facing many of our sectors, for whom we have brought in so many different schemes for those small and medium enterprises, for textiles, for leather, for people who a
Bihar Chief Minister Nitish Kumar on Sunday welcomed the Union Budget 2026-2027, terming it "positive and progressive" while highlighting its benefits for the state's development, infrastructure and employment.
Union Commerce and Industry Minister Piyush Goyal on Sunday described the Union Budget 2026-27 as a visionary document that establishes the groundwork for India to become a developed nation or "Viksit Bharat" by 2047. Speaking to the media post the Budget 2026 session, Goyal stated that t
Union Finance Minister Nirmala Sitharaman on Sunday while presenting the Union Budget 2026-27, Sitharaman proposed to introduce a scheme to revive 200 legacy industrial clusters "to improve their cost competitiveness and efficiency through infrastructure and technology upgradation."
Sitharaman who speaking while presenting the Union Budget 2026-27, mentioned that the main purpose of 'Mahatma Gandhi Handloom Scheme' is to strengthen khadi, handloom, and handicraft sectors.
For the labour-intensive textile sector, Finance Minister Nirmala Sitharaman proposed an integrated programme with key components. The Minister emphasised that the first pillar of her plan, the National Fibre Scheme, is aimed at "achieving self-reliance in natural fibres like silk, wool,
Imports from India witnessed a sharper contraction, falling 31.4% year-on-year in November 2025 compared with November 2024, marking one of the steepest monthly declines among major suppliers, it said. This significant decline is indicative of the challenges faced by India's textile and appa
Speaking exclusively to ANI on the FTA, Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities for Indian businesses and citizens. Goyal highlighted the potential benefits of the FTA for India's textile sector, which is expected
Tamil Nadu Chief Minister MK Stalin on Thursday announced a 20 per cent capital subsidy for the purchase of advanced textile and garment machinery, as part of the Tamil Nadu Government's efforts to further strengthen the textile sector.
The agreement is expected to provide a major boost to India's textile and apparel sector, which currently faces tariffs of up to 12% in the EU, compared with zero duties for competitors such as Pakistan, Bangladesh and Turkey. Similar benefits are expected for exports of chemicals, leather p