Home / Knowledge / News / Textiles / Silk body calls on govt for relief measures
Silk body calls on govt for relief measures
02
Oct '10
Tribal Area Chamber of Commerce & Industry (TACCI) has urged for sanctioning a 50 percent concession in yarn imports and power bills of silk mills and power-looms of Swat region, to offset the losses suffered by them.

Mohammad Akbar Khan, President TACCI, put forward these demands while he convened a meeting with a group of representatives from Swat Silk Owners Association on September 29.

The Chamber also requested for granting zero-interest loans to entrepreneurs in the power-loom sector, low transportation cost for consignments of silk units, and subsidy for modernization of infrastructure.

Military operations have caused the silk industry to undergo losses that run in millions of rupees, the representative group informed the TACCI President and added that, despite of repeatedly updating the concerned authorities in this regards, the sector has not received any sort of financial help either from the side of government or any non-governmental organization.

The delegation even stated that, militancy and terrorism have traumatized the functioning of the industry.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search