From the Editors Desk  
Recently, CBEC has extended duty drawback facility on all textile products for one year to boost exports and also has increased rates in some cases for the benefit of Indian exporters. Under the revised norms Domestic textiles will attract drawback of 7.5% now as against 7.3% earlier.The duty drawback will certainly benefit textile exporters. Further, incorporation of blanket and other cotton products in this category is also a welcome step. It will certainly give a fillip to exports of cotton textiles and also provide adequate neutralization of incidence of duties and taxes on the export goods. The move is laudable and we hope that such facilities will make our exporters more competitive in the 
international markets and also enhance the market share in 
coming future.
Donald Trump has won presidential election in the USA after defeating Ms. Hillery Clinton. He is now 45th President of the USA. Statements in respect of India made by Mr. Trump 
during election is bit confusing. As per his statement, he is
 determined to revive domestic industry to create more jobs for Americans. He also said to curb unfair trade practice in respect of China but to some extent it is also applicable to India.  These two moves will not good news as it would affect textile export to the USA.  However, he has praised India and committed for good relation with us. He is in real estate business and invest
 billions of rupees in Indian real estate sector. We hope that Mr. Trump will not work against our interest. Any let wait and watch the moves of Mr. Trump in Indian context. 

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