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Financial meltdown has already started showing its impact on Indian Textile Industries. Many export orders are getting cancelled and labourers depending on this Industry are almost in the verge of loosing their livelihood. Over 90 percent units in the textile and clothing are in the SME sector, which is also the most labour intensive sector in our manufacturing industry as a whole. The entire textile value chain is currently undergoing a grave crisis.
If this situation continues, lakhs of workers who earns their living through this industry will be pushed into BPL and it’s high time that the impact of recession on labour and livelihoods in textile and clothing sector in general and Handloom sector in particular should be discussed and necessary policies and practices should be put in place to prevent further damage.
In this context, Centad co organized an interactive meeting with Confederation of Indian Textile Industry (CITI) to analyze the impact of recession on Indian Textile Industry on 2nd March 2009 in Shangri-La Hotel, Ashoka Road, New Delhi. The meeting was well attended by stakeholders from Industries, CSO, Policy makers and was highly interactive between the Ministry of Textiles, Ministry of Finance and Ministry of Commerce. This meeting provided a platform for the stakeholders to raise their concerns with Shri Arun Ramanathan, Finance Secretary, Shri G K Pillai, Commerce Secretary and other Govt. officials. The meeting was chaired by Smt. Rita Menon, Secretary, and Textiles.
On this occasion, presentation was made by Kumar Gautam and Linu Mathew Philip on behalf of Centad with a special focus on Handloom Sector and also on overall issues faced by Textile Industry and provided policy suggestions like Trade safety schemes for rehabilitation of textile workers, differential treatment in credit,infrastructure,raw material,technology sectors and to implement export linked credit safeguards to protect the interest of the textile workers.
Agenda
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