Recent research from the Australia Institute has unveiled alarming statistics regarding Australia's consumption habits and the resultant environmental impact of fast fashion. The study identifies Australia as the world's highest consumer of textiles per capita, surpassing even the United States, and highlights the detrimental effects of this consumption pattern on landfill waste.
In a recent development within the corridors of power in India, Giriraj Singh, the Member of Parliament from the Begusarai Lok Sabha constituency in Bihar, has been appointed as the new Minister of Textiles in the National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi. This announcement comes as part of a press communique released by the President’s Secretariat, marking a significant change in the leadership of one of India’s crucial ministries.
In a significant move aimed at bolstering India's textile export sector, the government has announced exemptions for the import of polyester staple fibre (PSF), filaments, and spun yarn under the Advance Authorisation Scheme. This decision, heralded by industry organizations such as The Southern India Mills’ Association (SIMA), marks a pivotal moment for textile exporters grappling with sourcing raw materials amid stringent quality control orders (QCOs).
The Confederation of Indian Textile Industry (CITI) has commended the Ministry of Textiles for its recent implementation of crucial policy measures aimed at revitalizing the Indian textile sector. These measures, including the imposition of a Minimum Import Price (MIP) on specified lines of MMF Knitted Fabrics and exemptions for certain inputs from Quality Control Orders (QCOs), are poised to provide immediate relief to the industry while setting the stage for sustained growth.
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