The Indian government has announced an extension of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for textile exporters until September 30, 2024. This decision aims to bolster the labour-intensive textile sector amid ongoing global uncertainties, particularly those arising from conflicts in West Asia. The RoSCTL scheme, which refunds certain taxes and levies to textile exporters, will continue unchanged in scope, structure, and eligibility criteria, following the finance ministry's directives. In FY24, India's readymade garment (RMG) exports were approximately $14.55 billion, increasing to around $16.01 billion in FY25, indicating a recovery despite challenges from competitors like Bangladesh and Vietnam. Trade economist Abhash Kumar emphasized the significance of this extension for exporters facing stiff competition and pricing pressures. The government will issue benefits through a fully digitized customs ledger system, ensuring that expenditures remain within allocated limits and allowing for quarterly reviews. The RoSCTL scheme, introduced in 2019, aims to make Indian textile exporters more competitive by refunding hidden costs that could disadvantage them in global markets.