Bring yarns under Essential Commodities Act: FOGWWA
The Federation Welfare of Gujarat Weaver’s Association (FOGWWA) wants that all types of yarn used in weaving fabrics, should be included under the Essential Commodities Act.
Surat,
Gujarat
The Federation Welfare of Gujarat Weaver’s Association
(FOGWWA) wants that all types of yarn used in weaving fabrics, should be
included under the Essential Commodities Act. In a letter to the Union Textile Minister Smriti
Irani, the association has alleged that yarn manufacturers are speculating yarn
prices and this speculation is resulting in exponential increase of yarn
prices. It is putting the weavers in a tight spot and also affecting the fabric
cost
FOGWWA
office-bearers said that if yarn is included in the act, the manufacturers will
not be able to form a syndicate and increase the prices
Source: The Times Of India
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