<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Restructuring of Textiles Sector</title>
    <link>https://www.taxtmi.com/news?id=4078</link>
    <description>The Government implemented a Handloom Revival, Reform &amp; Restructuring Package providing loan waivers for cooperatives and individual weavers and measures for interest subsidy, margin money and credit guarantee to support fresh lending. In parallel, a debt restructuring framework for loss making textile mills was approved for bank administration on a case by case basis within Reserve Bank prudential norms, after which the industry reported no losses and production indicators improved.</description>
    <language>en-us</language>
    <pubDate>Mon, 26 Nov 2012 17:19:59 +0530</pubDate>
    <lastBuildDate>Mon, 26 Nov 2012 17:19:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=306814" rel="self" type="application/rss+xml"/>
    <item>
      <title>Restructuring of Textiles Sector</title>
      <link>https://www.taxtmi.com/news?id=4078</link>
      <description>The Government implemented a Handloom Revival, Reform &amp; Restructuring Package providing loan waivers for cooperatives and individual weavers and measures for interest subsidy, margin money and credit guarantee to support fresh lending. In parallel, a debt restructuring framework for loss making textile mills was approved for bank administration on a case by case basis within Reserve Bank prudential norms, after which the industry reported no losses and production indicators improved.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 26 Nov 2012 17:19:59 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=4078</guid>
    </item>
  </channel>
</rss>