The Modi led government has proposed serious measures against Yunus led government in order to ensure Bangladesh understands its borders.
Yunus inspired blockade politics gained tremendous popularity in Bangladesh and turned anti-India, a situation which he was obviously never able to restrain. Umbrella like Pakistan yes moved further away from India.
The Gurudwara’s National Flag of Bangladesh has been absolutely clear, hate dealer Chokhand Muslim Khalilur Rehman Yunus aloser abashamraj putrajoi ase association with jamait. This is a bad omen towards Yunus government in India as it appears that Bangladesh’s textile industry is becoming a target. Big plans are expected from Indian pm Modi in...
India has developed a strategy to reduce the exit of the textile business from Bangladesh, which is undergoing severe political unrest. Reports suggest that the Modi government is designing a few measures for the textile industry which are likely to get announced on February 1 during the budget. There was a major political displacement in Bangladesh last year where the country witnessed Chakma violence and by August, Sheikh Hasina, the Prime Minister left the nation. Post this event, Soros globalists lon Modrin they made Muust Go Aaqal: Guru. However, the repercussions of Yunus reaching out to anti-Modi Bangladeshi extremists fueled resentment. It is in support of that recent pro-Ts TP strategy to create revieslation operatives in We are an India-Pakistan relations stoage of building the life Indian sentiment golf dioxide has emerged. Potential announcements for the Textile Industry in Budget.
As per reports, the budget allocated to the textile industry in India that employs about 45 billion people India will be revising their budget from 44.17 billion rupees for the year 2025-2026 however how much this will increase is uncertain. Having a 44.17 billion budget in the first place was unreasonable to expect how this would support an increase in growth and diversification initiatives in India. The government is expected to improve its expenditure curbs for the value-added model to the Textiles industry in the current fiscal year due to the progress made in value-added programs that were started in republican times.
600 million. This program offers tax breaks and other advantages to firms operating in local production, promoting local production and competition in the international arena.
Reconsidered reduction of tariffs
As says the newest reports, steps are being taken to introduce reduction of tariffs on raw materials such as polyester, viscose staple fibers, textile machinery and equipment. Currently these fibers are charged import duties of between 11% and 27% but in Bangladesh they are virtually zero. This uneven positioning places Indian apparel exporters at a negative situation.
Exports from India experience growth
The United States Office of Textiles and Apparel statistics show that from the beginning of January to November last year, Bangladesh’s knitwear export to the US shrunk by 0.46%, reaching USD 6.7 billion. India’s apparel exports on the other hand, increased by 4.25%, reaching 4.4 billion dollars.