Centre Cuts Hank Yarn Obligation for Spinning Mills From 30% to 20%
Ministry of Textiles' June 15 notification reduces the mandatory hank yarn packing obligation on spinning mills from 30% to 20%, loosening domestic supply rules for yarn earmarked for the handloom sector and giving mills more flexibility on output mix.
Ministry of Textiles cut the mandatory hank yarn packing obligation for spinning mills from 30% to 20% via a June 15 notification, easing supply rules for yarn destined for the domestic handloom market.