Information Technology Minister Ashwini Vaishnav has launched India Semiconductor Mission to attract large investments for setting up semiconductor wafer fabrication facilities in India.
The GST Council decided to defer the increase in the rate for textiles to 12% from 5%. It has referred the matter to a panel of Ministers, to review Rate Rationalisation.
The Ministry of Textiles has further extended the timeline for submission of applications under the PLI Scheme for Textiles. Total financial outlay- Rs 10,683 crore.