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Textile, finance ministries to meet next week
The textile and finance ministries are expected to meet next week to discuss restructuring of loans for the textile sector, according to sources. Representatives of the Reserve Bank of India may also attend the meeting.
The textile industry, reeling from Rs 55,000-crore debt, incurred losses worth Rs 11,000 crore in 2011-12 due to changes in government policies.
According to corporate debt restructuring
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