Textiles occupy a significant position in our national economy.
Therefore it is essential to build a comprehensive policy framework to promote value added sales of textiles and garments, domestically and abroad. Technology up gradation required for this industry is currently inhibited due to reservation of this segment for the Small Scale Sector. Cotton yarn spinners enjoy excise exemption benefits, however it is not feasible to establish a spinning unit qualifying under the definition of SSI, as the investment required is much more than the specified limit. This provision is adversely affecting the organized spinning mills. Introduction of stenter duty on composite mills is affecting them adversely.