Apparel industry slams proposed GST hike

The Clothing Manufacturers Association of India (CMAI) expresses concern over the proposed GST rate hike on apparel. The CMAI warns that increasing the GST on garments priced between ₹1,500 and ₹10,000 to 18%, and to 28% for those above ₹10,000,…

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Employment, wage growth to drive consumption: CEA Nageswaran

India’s Chief Economic Adviser, Dr V Anantha Nageswaran, outlined a vision for India’s economic growth at the Bharat@100 Summit. Highlighting consumption, manufacturing, and private sector participation as growth pillars, he emphasised collaboration among public, private, and academic sectors to navigate…

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