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Policy changes sought by Indian Texpreneurs' Federation

Policy changes to make the mill sector more vibrant are suggested by the Indian Texpreneurs’ Federation (ITF) to the Prime Minister Narendra Modi. D Prabhu, ITF Secretary, in a memorandum submitted to Prime Minister sought the Centre’s support to do business with ease.

There was some disconnect between the TN textile sector and the Ministry of Textiles at the Centre according to an industry insider. The source stated that many burning issues such as undue delay in disbursement of TU (technology upgradation) subsidy, lifting the TUF (Technology Upgradation Fund) blackout period (between June 29, 2010 and April 27, 2011) and scrapping the hank yarn obligation, etc., remain unaddressed. Thus, they were hoping for some constructive dialogue to achieve the targeted growth. For this, the source added, those in power in the sector need to visit the region, understand their concerns and address them without delay.

The Textile Commissionerate in Mumbai had released the Expression of Interest (EoI) from audit firms to clear the pending TUF claims; however, the move was stalled for unknown reasons, said Prabhu. The Federation thus, appealed to the Prime Minister to intervene and resolve this issue as huge amounts were stuck.

Despite this, however, the mill sector has a plan in place to train and place 1 lakh workers under the Pradhan Mantri Koushal Vikas Yojana, which Prabhu says, would help them gain maximum benefit in standardisation of job roles and work practices.

www.itf.org.in

 
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