Interviews
Gujarat powerloom units to go on strike on 19th November
17 Nov '10
2 min read
In an appeal, Gujarat Powerlooms Association (GPA) requested the Government to prohibit the exports of cotton yarn and put it under the Essential Commodities Act as the increasing prices of cotton yarn have caused many weavers to lose their jobs.
The prices of cotton yarn have registered an increase of 50-60 percent. The prices of 30 count yarn have increased from Rs 130-140 per kg in April-May to more than Rs 200 per kg, at present.
This has severely affected the functioning of the powerloom weavers.
The cotton yarn prices are increasing as a result of the excessive storing by spinning mills as well as traders, apart from exports. That is the reason why the association is urging the government to prohibit the cotton yarn export immediately. On 1st October, the Cotton Yarn Advisory Board had set the surplus quota for exports for the financial year 2010-11 at 644 million kg.
Despite the resistance from the powerloom sector, 544 million kg of cotton yarn had been already exported from the beginning of April to the end of October this year.
There are about 22.5 lakh powerloom weavers throughout the country. Gujarat Powerlooms Association has urged nearly 800 powerloom units in Gujarat to extend their support to the one-day strike on 19th November called by the All India Powerloom Association to back up their demands.
The prices of cotton yarn have registered an increase of 50-60 percent. The prices of 30 count yarn have increased from Rs 130-140 per kg in April-May to more than Rs 200 per kg, at present.
This has severely affected the functioning of the powerloom weavers.
The cotton yarn prices are increasing as a result of the excessive storing by spinning mills as well as traders, apart from exports. That is the reason why the association is urging the government to prohibit the cotton yarn export immediately. On 1st October, the Cotton Yarn Advisory Board had set the surplus quota for exports for the financial year 2010-11 at 644 million kg.
Despite the resistance from the powerloom sector, 544 million kg of cotton yarn had been already exported from the beginning of April to the end of October this year.
There are about 22.5 lakh powerloom weavers throughout the country. Gujarat Powerlooms Association has urged nearly 800 powerloom units in Gujarat to extend their support to the one-day strike on 19th November called by the All India Powerloom Association to back up their demands.
Fibre2fashion News Desk-India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
