India Textile Workers Will Strike To See The Government Solve Business Interests
The joint action committee of handloom looms and power looms workers in Kerala, India will organize workers in Boni to strike in December 8th to protest the erroneous policies formulated by the central government and to ignore the interests of the traditional textile industry.
ArakkanBalan, the convener of the joint action committee, said that about 500 thousand of the employees were
raw material
Shortages and rising yarn prices are facing a crisis.
The committee called for the end of yarn exports, the acquisition of cotton by the government and the allocation of cotton.
The Commission also calls for the stop of export of cotton and
Cotton yarn
To abandon the 5 billion 380 million rupee loan until March 31, 2007.
The committee also asked for the recovery of the product tax rebate.
Cotton prices in one year were adjusted from 24500 rupees to 48500 rupees.
The price of yarn has been adjusted from 590 rupees to 880 rupees.
As the central government allows cotton exports to other countries, without considering the needs of India's domestic market, cotton prices have risen sharply.
Kerala exported about 2 billion 600 million rupee textile products in 2009. Because of the rising cotton prices, this year's exports decreased to 2 billion 200 million rupees.
Too high price of cotton yarn is hitting.
India textile
Industry.
The power looms and Handlooms companies in private and cooperative sectors are in crisis.
Textile exporters in the region have been hit most, but they are gradually recovering from the most severe economic crisis.
The joint action committee of handlooms and power looms has decided to stop production in December 8th to seek intervention by the central government.
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