Home / Knowledge / News / Textiles / Surat powerloom weavers get insurance cover
Surat powerloom weavers get insurance cover
12
Jan '10
The newly-formed Ved Road Art Silk Small Scale Co-operative Federation has taken an initiative to offer insurance cover with accidental death benefit to the power-loom workers of Surat.

The Ved Road industrial zone has around 50,000 power-loom machines and it employs over 25,000 textile weavers, who are mostly from the states of Orissa, Uttar Pradesh, Bihar and Maharashtra.

The industry is now turning into a co-operative; the federation has registered around 1,200 members, while the membership drive is to cover some 4,000 members in the Ved Road zone.

Different programs and seminars, to discuss various topics related to latest technologies and new varieties in the market and research work for the benefit of fabric manufacturers would be undertaken by the federation.

The power-loom unit owners will also receive information pertaining to product marketing. Also, the members will be updated about various policies and schemes framed by the Textile Ministry.

As per the President of Federation Mr. Devesh Patel, the federation will buy large quantity yarn from big companies and will sell it to the members. Besides, it will also provide identity cards, to the labourers, carrying their name and address along with company's name and address and phone numbers.

In addition to all this, operators will also avail the benefit of insurance cover offered by the Textile Ministry, Jantri Bima Yojna and the Surat Municipal Corporation (SMC). The Ministry will extend the insurance cover of up to Rs 150,000 at a premium of Rs 80 per annum and the SMC will provide insurance of Rs 10,000 at a premium of Rs 12 per annum.

Moreover, textile operators' children studying in VIII, IX and X standards will also receive subsidy of Rs 1,200 in their school fees, Mr. Patel added further.

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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