A scheme similar to TUFS will be introduced for the handloom sector.
50 handicraft villages to be identified for foreign tourists.
Duty on Naphtha for plastics down to 0% Duty on mineral products reduced to 5%.
Duty on leather footware cut.
Import duty on paraxylene cut to 2%.
Customs on PTA, DMT and & MEG cut to 10% from 15%.
Customs duty on manmade fibres down to 10% from 15%.
Organic chemicals down 15 to 10 percent Hydro 5% catalyst 10 to 7.5 % PVC LDPE Packaging PP 10 to 5% Naphtha to nil Styreme, EDC PPC down and Import duty on mineral down to 5%.Steel down 10 to 7.5%
Non plan expenditure up by about 3 percent.
Food, fertilisers and Petroleum Subsidies divisive
Traditional Arts to be encouraged.
Govt proposed to launch the Jute Technology mission in 2006-07 to harvest the potential of fibre. A national jute board would be established.
I propose to enhance the allocation of Rs. 435 crore to 535 crore next year.
The scheme for the integrated the textile park was launched in Oct 2005. with intension 25 textile arts & 7 crore being sanctioned & 10 crore identified for the development are proposed to provide Rs. 189 crore for the scheme.
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