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Anti-dumping duty on synthetic yarn to benefit Modi's corporate friends: Asaduddin Owaisi

Thursday May 4, 2017 1:00 AM, ummid.com Staff Reporter

Asaduddin Owaisi
[All India Majlis-e-Ittehadul Muslimeen (AIMIM) Chief Asaduddin Owaisi addressing an election rally at Khyabane Nishat Chowk in Fort area of Malegaon on Wednesday May 3, 2017 (Photo: Faizee Numair Mohammad Hesham/ummid.com)]

Malegaon: Hitting out at the BJP-led government in New Delhi for not removing anti-dumping duty imposed on synthetic yarn despite persistent demands, All India Majlis-e-Ittehadul Muslimeen (AIMIM) Chief Asaduddin Owaisi on Wednesday said the continuation of the levy was actually to benefit Prime Minister Narendra Modi's corporate friends.
 
"There is a persistent demand from the textile sector to abolish anti-dumping duty on synthetic yarn. I also made a fervent appeal to Union Textile Minister Smriti Irani during the meeting of stakeholders the ministry had called in New Delhi.
 
"But all these demands fell on deaf ears because the anti-dumping duty on synthetic yarn is benefiting Modi's corporate friends", Hyderabad MP Asaduddin Owaisi said in direct reference to Reliance Industries - one of the largest producers of polyester fibre and synthetic yarn in India.

While addressing an election rally in Malegaon on Wednesday, his second rally in a week, Asaduddin Owaisi also said that the petroleum prices have come down from $110 to $55 per barrel but the prices of synthetic yarn are moving upwards.

"The textile sector, second largest after agriculture, will not be on the right track unless the yarn prices are controlled.

"Anti-dumping duty should be imposed on Chinese fabrics coming to India if the government wants to save the struggling textile industry", he said.

Asaduddin Owaisi also termed the much publicised PowerTex India a mere eyewash and lacking the measures urgently needed to bring the textile industry back on the right track.

"There is a need to increase the capital subsidy amount from the existing 30% to 40%. But, the Modi government reduced it to 10%. Its nothing but a cruel joke with the weavers", Owaisi said.
 
 Owaisi also slammed the government for failing to provide uninterrupted electricity to powerloom centers.
 
 "There is a power cut of more than 8 hours in Malegaon. How can the powerlooms run without electricity? In Malegaon, the textiles is linked with livelihood of the people. How can they feed themselves if there is no electricity?", Owaisi asked while campaigning for the AIMIM candidates in Khyabane Nishat Chowk area of Malegaon.

The AIMIM is contesting Malegaon Municipal Corporation (MMC) elections slated to be held on May 24 for the first time.

Malegaon corporation has 21 wards and each ward will elect 04 corporators. This takes the total number of corporators to 84.

Though the AIMIM has not yet released list of its candidates in Malegaon, sources said the party, led by former Mayor of Malegaon Abdul Malik Yunus Isa, is planning to contest the upcoming elections in all wards of the city.



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