The Maharashtra Government effected changes in its textile policy which is expected to accelerate growth and expansion of the key industry. The changes were approved by the State Cabinet at its meeting here. State Cooperative, Marketing and Textile Minister Subhash Deshmukh said according to the changes, the order for the purchase of machinery has been given the option of taking longterm loan sanctioned or self-financed projects in the textile Policy 2011-17 or in the Textile Policy 2018-23. “Maharashtra’s textile industry policy for year 2018- 23 has been announced considering the importance of textile industry.
