1. Credit Guarantee Scheme for Exporters (CGSE)
2. RBI Trade Relief 2025
3. Rebate of State and Central Taxes and Levies (RoSCTL) for cotton and cotton-based products
Select the answer using the codes given below :
1 and 3 only
To answer the question about the measures undertaken by the Government of India to support cotton exporters and the textile sector, let's analyze each option given:
- Credit Guarantee Scheme for Exporters (CGSE): This scheme has been implemented by the government to support exporters, including those in the textile sector. It provides credit guarantee to banks, ensuring they can offer more favorable financing terms to exporters. Thus, it's relevant to the support of the textile sector.
- RBI Trade Relief 2025: While this option might seem like a plausible government scheme for export promotion, it doesn't actually exist as per the current government initiatives focused on cotton export support. Therefore, this measure is not applicable.
- Rebate of State and Central Taxes and Levies (RoSCTL): This is a known scheme aimed at providing rebate on state and central taxes which increases the competitiveness of Indian textiles in the international market. This specifically includes cotton and cotton-based products, thus it's actively supporting the sector.
Given the above explanations:
- Option 1 (Credit Guarantee Scheme for Exporters) and Option 3 (Rebate of State and Central Taxes and Levies) are current and relevant measures supporting cotton exporters and the textile sector.
- Option 2, named RBI Trade Relief 2025, is not an existing measure, so it cannot be considered.
Therefore, the correct answer is: 1 and 3 only.
Similar Questions
- Consider the following statements with reference to the Cotton textile industry in India:
1. Cotton textile industry has, over time, spread to other parts of the country, beyond Gujarat and Maharashtra.
2. Raw cotton is not a weight-losing raw material.
Which of the statements given above is/are correct?
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