Implement Textile Policy as per cabinet decision CM Shri Chouhan’s directive

Bhopal:Tuesday, February 12, 2013: Chief Minister Shri Shivraj Singh Chouhan has directed that the cabinet decision on Textile Policy should be implemented expeditiously. The Chief Minister was reviewing action taken regarding cabinet decisions on textile industries at a meeting of the Cabinet Committee on Investment Promotion here today. Finance Minister Shri Raghavji, Commerce & Industries Minister Shri Kailash Vijayvargiya, Agriculture Minister Dr. Ramkrishna Kusmaria and Revenue Minister Shri Karan Singh Verma were present at the meeting. It is noteworthy that the cabinet had decided to sanction a special package for textile industries. At the meeting, Shri Chouhan directed that Textile policy should be implemented as per the cabinet decision. At the meeting, it was decided to give five-year exemption from entry tax on value added products’ manufacturing to Messrs Agro Solvent Product Private Limited under the State Government’s Investment Promotion Policy and exemption from Mandi Tax on purchase of raw material from outside the state. This industry’s total sold products includes 68 percent value added products. Chief Secretary Shri R. Parasuram, Additional Chief Secretary Shri P.K. Dash and officers of concerning departments were also present on the occasion.