Better Support From The Centre Sought By ITF

Better Support From The Centre Sought By ITF

The Indian Texpreneurs’ Federation (ITF) has sought a few policy change and proactive textile ministry to make the Tamil Nadu textile sector vibrant and help achieve its vision. In a memorandum submitted to Prime Minister Narendra Modi, ITF secretary, D Prabhu has categorically stated that the Federation is not seeking sops or subsidies, but better support from the centre to do business with ease.

Prabhu said the textile commissionerate in Mumbai had released an Expression of Interest (EOI) from audit firms to clear pending TUFS claims, but of no reasons the matter put in cold storage again. The Federation appeals to the Prime Minister to intervene and resolve the issue as huge amounts remain locked up.

ITF also highlighted other issues such as the need for rationalisation of duty structure on man-made fibres, imposing sourcing restrictions on duty-free import of apparels from Bangladesh and LDCs (least developed countries), and expediting FTAs with Russia, the EU, and other emerging markets.

Notwithstanding such issues, the mill sector has drawn up a roadmap to train and place one lakh workers under the Pradhan Mantri Koushal Vikas Yojana (PMKVY). This will help them gain maximum benefit in standardisation of job roles and work practices.