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What is the cap on Incentives that will be provided to various Textile, Apparel units under “The Textile, Apparel, and Garments Policy 2018-2023” ?
1. 100% of Fixed Capital Investment (FCI) for units with Garmenting, Apparel, Made-ups, Integrated Plants, Processing, Technical Textiles operations
2. 75% of Fixed Capital Investment (FCD for Weaving, Weaving Preparatory, Knitting units
3. 50% of the Fixed Capital Investment (FCI) for Spinning and Ginning operations
4. All of the above

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Correct Answer - Option 1 : 100% of Fixed Capital Investment (FCI) for units with Garmenting, Apparel, Made-ups, Integrated Plants, Processing, Technical Textiles operations

The correct answer is 100% of Fixed Capital Investment (FCI) for units with Garmenting, Apparel, Made-ups, Integrated Plants, Processing, Technical Textiles operations.

  • Caps on Incentives under  “The Textile, Apparel, and Garments Policy 2018 - 2023” are as follow:
    • The total incentives drawn as per provisions under the policy shall not exceed the following limits:
      • 100% of Fixed Capital Investment (FCI) for units with Garmenting, Apparel, Made-ups, Integrated Plants, Processing, Technical Textiles operations.
      • 75% of Fixed Capital Investment (FCI) for Weaving, Weaving Preparatory, Knitting units.
      • 50% of the Fixed Capital Investment (FCI) for Spinning and Ginning operations.

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