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Textile strike in Erode enters 5th day, Surat to hold 'laughter show' to express anguish over GST

Monday July 10, 2017 10:51 PM, ummid.com & Agencies

Textile Mill

Erode (Tamil Nadu):
Even as traders and manufacturers continue their indefinite strike in Surat and other places, around 5,000 textile producing units and retail shops, and more than 20,000 powerlooms in Erode remained closed for the fifth consecutive day, demanding abolition of GST on textile goods.

The protestors, under the aegis of Erode Cloth Merchants Association, formed a Human chain in a main street here where hundreds of textile shops are located, according to PTI.

The traders claimed they had incurred a loss of Rs 150 crore due to the stir and that there were huge stocks of unsold textiles in their shops, godowns and factories. However all 150 Textile shops inside the Mohammed Abdul Gani Market here functioned as usual.

Meanwhile, protesting textile traders and manufacturers in Surat will meet Union Finance Minister Arun Jaitley on Tuesday to request him to revoke decision to impose 05% GST on fabrics.

"We are already paying GST on yarn. It will be ok if the government hikes GST rate on yarn. But, it should remove GST from fabrics and job works", Surat textile traders said.

Surat textile traders are also holding a laughter show today in a unique way of protest under the JJ market bridge. More than one lakh people had participated in a silent protest march organized on Saturday.

Traders are also trying to organize a rally of women working in embroidery industry.

Elsewhere in the country, textile units in Bhiwandi and Malegaon - the two largest textile clusters in Maharashtra, continue to be in non-operational mode since June 25 when they went for a week's holiday due to Eid.

The powerloom units in Bhiwandi and Malegaon which were supposed to resume operation from last Saturday remained closed because of textile traders' strike.

"We send grey cloth to Surat, Pali and Balotra. But since textile traders there are on strike, running powerlooms will mean over stock of grey cloth. Hence we are waiting for the things to come to normal", Ghulam Abbas, a textile trader, said.

 

 


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