Powerloom delegation to meet PM and Textile Minister
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Powerloom delegation to meet PM and Textile Minister

Last Updated: Friday, October 05, 2012, 17:51
 
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Powerloom delegation to meet PM and Textile Minister
Erode: A delegation would soon meet Prime Minister Manmohan Singh and Union Textile Minister Anand Sharma, to press the demand for bringing Cotton under Essential Commodities Act, President of the Confederation of Indian Powerloom Industries and Tamil Nadu Powerloom Federation, M.S. Mathivanan, Friday said.

“For the past two decades, the federation is pleading with the Union Textile Ministry and also the Prime Minister to bring Cotton under Essential Commodities Act, but nothing was done all these years," he told reporters here Friday.

A delegation would meet them soon and submit a memorandum in this regard, he said.

Mathivanan said now huge quantity of raw cotton is exported to other countries, but cotton farmers are getting only minimum support price.

Cotton demand in international market has decreased due to cotton production in US, Australia and China.,

At the same time price of cotton in India has declined to Rs 35000 a candy (386 kilogram) as against Rs 40,000 a candy. But corresponding to thisn, yarn price has not decreased, he said.

He appealed to the Centre to ban cotton export as this year due to adverse seasonal conditions cotton cultivation will come down.
The Federation President said annually 360 crore metres of powerloom fabric are produced in India and now due to power cut, poor market and cotton export it has come down to fifty percent.

He said of the total cotton production in Tamil Nadu, 67 percent are used by the powerloom industry.But the powerloom fabric export has increased by 3 to 4 percent now.

He said in Tamil Nadu more than five lakh powerlooms are functioning and of this 1.50 lakh powerlooms alone are functioning in Erode, Pallipalayam, Komarapalayam and Somanure area.

Mathivanan appealed to the Union Government to withdraw the '11 Varieties Reservation Act.'

Urging the state government to provide uninterrupted power supply for their industry, he also wanted it to waive the state VAT on diesel.

PTI



First Published: Friday, October 05, 2012, 17:51


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