{"id":5221,"date":"2024-06-14T01:57:05","date_gmt":"2024-06-14T01:57:05","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5221"},"modified":"2024-06-14T01:57:05","modified_gmt":"2024-06-14T01:57:05","slug":"garment-exporters-get-duty-breather","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/garment-exporters-get-duty-breather\/","title":{"rendered":"Garment exporters get duty breather"},"content":{"rendered":"<p>The textile sector battling competition and sharp increase in raw material costs has got a breather.<\/p>\n<p>The finance minister in her Budget speech said for incentivising exports, exemptions are being provided on items such as embellishment, trimming, fasteners, buttons, zipper, lining material, specified leather, furniture fittings and <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> packaging boxes that may be needed by exporters of handicrafts, textiles and leather garments, leather footwear and other goods.<\/p>\n<p>The major difficulty the garment exporters are facing is rise in yarn and fabric prices. The cost of fabric has gone up by 40% in the past one year because of costlier yarn prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The textile sector battling competition and sharp increase in raw material costs has got a breather. The finance minister in her Budget speech said for incentivising exports, exemptions are being provided on items such as embellishment, trimming, fasteners, buttons, zipper, lining material, specified leather, furniture fittings and packaging boxes that may be needed by Join &#8230; <a title=\"Garment exporters get duty breather\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/garment-exporters-get-duty-breather\/\">Read more <span class=\"screen-reader-text\">Garment exporters get duty breather<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1083],"tags":[631],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Garment exporters get duty breather - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/garment-exporters-get-duty-breather\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Garment exporters get duty breather\" \/>\n<meta property=\"og:description\" content=\"The textile sector battling competition and sharp increase in raw material costs has got a breather. 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The finance minister in her Budget speech said for incentivising exports, exemptions are being provided on items such as embellishment, trimming, fasteners, buttons, zipper, lining material, specified leather, furniture fittings and packaging boxes that may be needed by exporters ... 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