Home / Knowledge / News / Textiles / Low duty on silk import hits sericulture in Himachal
Low duty on silk import hits sericulture in Himachal
23
Dec '11
The Central Government's move of reducing import duty on raw silk from 30 percent to 5.15 percent through its 2011-12 Budget has come as a major blow to the sericulture industry of Himachal Pradesh.

The effects of the Central Government's move were visible in the declining silk cocoon prices, as the autumn crop arrived in the market this year, Himachal Pradesh Minister for Industries Kishan Kapoor said.

He informed that the move has impacted livelihood of more than 9,000 sericulture farmers of Himachal Pradesh, who are directly engaged in cocoon cultivation in the State, particularly in lower hills of Mandi, Hamirpur, Bilaspur, Sirmaur and Kangra districts.

Moreover, the Central Silk Board has also failed to come out with a participatory proposal offering a minimum support price (MSP) to cocoon producers. Thus, silk cultivation did not remain much lucrative any more, Mr. Kapoor said, and added that at present there is no proposal for offering MSP to the State's silk cocoon producers.

Tamilnadu, Uttarakhand, Andhra Pradesh, Kerala, Karnataka, Jammu and Kashmir and Maharashtra are the other Indian States engaged in sericulture.

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

Trade & consumers want MDR free digital payments: CAIT

Apparel/Garments | On 12th Dec 2017

Trade & consumers want MDR free digital payments: CAIT

Transaction charges like the merchant discount rate (MDR) applicable...

Albrecht Roger

Textiles | On 12th Dec 2017

Suessen appoints Roger Albrecht as new managing director

Spindelfabrik Suessen GmbH, a leading manufacturer of spinning...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Urmil Arya

Sushila International, a well established textile organisation established ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search