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Panel For Rs 1,000 Crore Annual Relief For Textile Companies

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Our Bureau BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:25 AM IST

Textile companies can expect a Rs 1,000 crore largesse a year in addition to waiver from liquidation damages and penal interest if the finance ministry accepts the recommendations of the NK Singh steering committee that submitted its report to Finance Minister Jaswant Singh today.

Once the restructuring scheme gets the finance minister

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