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Surat textile traders’ lockdown relaxation plea denied
The members of Surat-based textile associations met the city police commissioner to request for relaxation in the lockdown measures. The state has extended the lockdown restrictions till May 12 to contain the spread of corona virus.
EURATEX welcomes the revised EU industry strategy
The representative body of the European textile and clothing industry welcomed the revised strategy which focuses on 14 eco-systems and the proposal to develop privileged partnerships.
Bangladesh urged to sanction ILO Convention 190
As per the speakers at the webinar held this Wednesday, Bangladesh should sanction ILO Convention 190 to eliminate workplace violence. Consent of employers, workers, and civil society can be taken for the endorsement.
COVID crisis: Textile exports fell by 13% in FY2020-21
The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.
Vietnam’s Q1 textile exports turnover seems to recover
The first four months of the current year have been profitable for Vietnam as there was an increase in the export of textile and garments. As per the Ministry of Industry and Trade, it has earned over $9.5 billion in Q1.
RBI announces relief measures for MSMEs
The RBI Governor has announced measures for cash-starved enterprises in the MSME and SMB sectors. Banks can now deduct credit disbursed for new MSME borrowers from their NDTL for calculation of CRR.
Trident recognised as the Best Workplace for Women
Thanks to its upgraded diversity and inclusion policies and equality and safety features for women working in the organization, Trident Limited has been recognized as one of the best workplaces for women in 2021.
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