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Bring yarns under Essential Commodities Act: FOGWWA

Jun 17, 2021
Bring yarns under Essential Commodities Act: FOGWWA

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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