Context:
Union Cabinet extends Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of Apparel/Garments till March 2026
Rebate of State and Central Taxes and Levies (RoSCTL):
- RoSCTL – Scheme aimed at enhancing export cost-competitiveness of apparel/garments
- Objective – Taking Indian textile industry to $250 billion and $ 100 billion exports by 2030
- Aim – To compensate for the State and Central Taxes and Levies on export by rebate
- Introduced by – Ministry of Textiles in 2019.
- Implementing Agency – Department of Revenue (DoR), Ministry of Finance
Textile Sector:
- Contribution to GDP – 2.3% of GDP
- India’s status –
- 4% share of the global trade in textiles and apparel
- 5th largest producer of technical textiles in world.
- One of the largest producers of cotton and jute in the world.
- 2nd largest producer of silk in the world
- 95% of the world’s hand-woven fabric comes from India.
Other Important Schemes:
- Market Access Initiatives (MAI)
- Scheme Amended Technology Upgradation Fund Scheme (ATUFS)
- SAMARTH (Scheme for Capacity Building in Textile Sector)
- PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks
- Production Linked Incentive (PLI) Scheme for Textiles
- National Technical Textiles Mission
Source: PIB
Previous Year Question
With what purpose is the Government of India promoting the concept of “Mega Food Parks”?
1. To provide good infrastructure facilities for the food processing industry.
2. To increase the processing of perishable items and reduce wastage.
3. To provide emerging and eco-friendly food processing technologies to entrepreneurs.
Select the correct answer using the code given below:
[UPSC Civil Service Exam – 2011 Prelims]
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer: (b)
Explanation: Statement 3 is incorrect. Providing eco-friendly food processing technologies to entrepreneurs is not an explicit purpose of Mega Food Parks.
