Home / Knowledge / News / Textiles / IJMA chairman Kajaria quits over differences
IJMA chairman Kajaria quits over differences
25
Feb '10
Chairman of Indian Jute Mills Association (IJMA), Sanjay Kajaria has resigned from the post. According to the industry sources his decision is highly influenced by the reluctance of a section of the jute millers' in implementation of the tripartite settlement agreement which has been recently entered into. On behalf of the jute millers, IJMA signed the agreement which was arrived at on February 12, following the 61-day indefinite strike by the jute industry.

As per the agreement, the jute mill workers will have to be paid DA of Rs. 1,198 per month over the period of next three years in six installments. Also, the amount in respect of the entire industry's dues outstanding towards gratuity totaling to Rs. 3 billion will also have to be paid out during corresponding period.

Over and above this, the entry level minimum wages will also have to be raised by the industry from current Rs 100 per day to Rs 157 per day. On the whole, an average jute worker has been bestowed with a monthly rise of Rs. 2,000. Jute industry anticipates that, over the next three years, they will have to jointly disburse Rs. 5 billion towards meeting the settlement obligations.

However, many of the jute millers are averse towards complying with the agreement as of now. They are expecting the Centre to come to their aid by increasing the procurement price and increase the quota, to help them meet these settlement dues. But, recently much to the disappointment of jute industry the Union Food Minister postponed the meeting that was scheduled for fixing the quota.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search