Anand Sharma news and archive

Textile companies may get better loan options

Commerce and textiles minister Anand Sharma has appealed to the finance minister Pranab Mukherjee for restructuring of textile companies’ loans as well as for extending a 2 per cent interest subvention for SMEs and bigger garment and knit-wear units. If the proposal is approved, it would help textiles mills hit by high raw material costs and...

Apparel

Textiles ministry without a minister

Prime Minister Manmohan Singh has inducted as many as 11 new faces in his ministerial team however, there is a vacancy in the top job at the textiles minister. Anand Sharma the present minister for commerce and industry has been given additional charge of textiles. But that is just a stop gap arrangement till the position is filled by a full...