The Hindu Business Line : Textile industry to hold rally in Erode today

Coimbatore, July 1 The Textile Industries Joint Action Committee (TIJAC), Erode, will organise a rally and public meeting in Erode on Wednesday to demand that the Central and State Governments take immediate steps to save the industry.

In a statement the committee said the textile sector has been reeling under the impact of rising cotton prices due to permission given for export of waste cotton and raw cotton and due to hoarding. Because of online trading, the cotton that should normally be available to the spinning mills was also not available.

To find a remedy to this situation, different segments of the textile industry wanted the Central and State Governments to ban export of waste cotton and regulate export of raw cotton, ban hoarding of cotton and online trading in cotton and also ensure that the spinning mills do not keep substantial quantity of cotton in stock. The State Government should reduce the power tariff and abolish sales tax on cone yarn.

The committee said to find a permanent solution to the effluents problem the State Government should implement the project to take the effluents to the sea for discharge.

The State should establish common effluent treatment plants on its own and collect proportionately the cost of treatment of effluents from the industries. It appealed to people involved in different segments of the textile sector to join the rally and participate in the public meeting to find a permanent solution to the problems facing the textile industry. The industry was facing a crisis situation and if no lasting solution was found, imported clothes and garments would flood the country.

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