With reference to the Textiles Committee consider the following statements The Textiles Committee wa...........

Economic and Social Issues industrial and labour policy

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With reference to the Textiles Committee, consider the following statements

The Textiles Committee was established in the year 1963 by an Act of Parliament.
It is a statutory body under the Ministry of Textiles to ensure quality of all textiles and textile products for domestic and export markets.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

A formal MoU signing ceremony was held between Textiles Committee, Ministry of Textiles, Government of India and M/s. Nissenken Quality Evaluation Centre Japan.

The objective of the MoU is to provide required support to textile’s trade and industry for ensuring quality as per the requirement of Japanese buyers through Testing, Inspection & Conformity Assessment.
It is expected that the MoU will strengthen the bilateral trade by enhancing India’s export of Textile and Apparels (T&A) to Japan, which is the third largest export destination of the world.
The Textiles Committee was established in the year 1963 by an Act of Parliament.
It is a statutory body under the Ministry of Textiles to ensure quality of all textiles and textile products for domestic and export markets.
The Textiles Committee is the only body providing for all the quality related needs of the entire Textiles Value Chain (TVC) in an integrated format on a pan-India basis.

Hence both statements are correct.