Daily Archives: April 1, 2017

PowerTex India

The Government has launched PowerTex India, a comprehensive scheme for powerloom sector development, simultaneously at over 45 locations in the country. The comprehensive scheme has the following components: In-situ Upgradation of Plain Powerlooms Group Workshed Scheme (GWS) Yarn Bank Scheme Common Facility Centre (CFC) Pradhan Mantri Credit Scheme for Powerloom Weavers Solar Energy Scheme for Powerlooms Facilitation, IT, Awareness, Market Development and Publicity for Powerloom Schemes Tex Venture Capital Fund Grant-in-Aid and Modernisation & Upgradation of Powerloom Service Centres (PSCs)

South Asia Subregional Economic Cooperation (SASEC)

South Asia Subregional Economic Cooperation (SASEC) program of Asian Development Bank (ADB) is expanding towards the East with Myanmar formally becoming the 7th member of SASEC in 2017. Myanmar is key to realizing greater connectivity and stronger trade and economic relations between the SASEC sub-region and the countries of East and Southeast Asia and that Myanmar’s membership in SASEC can offer a host of opportunities for realizing synergies from economic cooperation in the sub-region. SASEC member countries recognize that most of SASEC’s multimodal connectivity initiatives include Continue reading →