Textile turf to generate abundant employment, says FM
10 Jan '06
1 min read
Budget this year would offer special incentives for employment generation as well as certain sectors will have opportunities for considerable value addition, said P Chidambaram, Finance Minister.
Addressing the pre-budget meeting with industry leaders, he remarked that textile turf would generate more employment.
He also mentioned chemicals, pharmaceuticals and automobile sector in the list of employment generators.
Elaborating his views, the Minister said that textile industry has potential to generate around 12 million jobs in next five years.
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