Textiles need financial support to improve industry’s competitivenessThe textiles and clothing sector, especially the highly stressed spinning segment, is keeping its fingers crossed. A glimmar of hope after the formation of a new government at the centre in June-July after the conclusion of the general elections (2024). Whether it will be a continuation of the NDA regime or an Indian Bloc-led government is hard to predict. The fact of the matter is that the spinning sector needs the government’s immediate intervention.