Thursday, Mar 28 2024 | Time 14:38 Hrs(IST)
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Business Economy


Clarification on investment accrued by Gujarat since 2014-15 in Textile Sector

New Delhi, Jan 21 (UNI) The Government sanctioned and released Rs 1,855 crore to aid 2109 units through 60 Banks, the Textile ministry issued a clarification on Monday .
It is learnt that a malicious attempt has been embarked upon to spread disinformation regarding investment accrued by Gujarat since 2014-15 in the Textile Sector, according to a statement .
''It is re-affirmed through the Office of the Textile Commissioner that upon the perusal of project costs submitted by 7,182 units in the state of Gujarat, an amount of Rs 30,934 crore as investment into textile sector in Gujarat was brought to the notice of Textile Commissioner office after scrutinising and confirming each project by Banks for which Unique Identification (UID) has been issued,'' the Ministry said.
This re-affirmation is to ensure that investor confidence and prospects of textile sector in Gujarat do not receive a set-back due to rumour mongering, the statement added.
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