Members of the Salem & Thiruchengode Circle Handloom Weavers’ Co-op Soc Employees Union seek withdrawal of GST hike

21 December 2021, Mumbai:

Weavers staged a protest in front of the Salem Collectorate on Monday demanding withdrawal of GST hike on textiles.

Members of the Salem and Thiruchengode Circle Handloom Weavers’ Co-operative Societies Employees Union condemned the Centre for the steep hike in GST tax rates on textiles from 5% to 12%.

They said that the sale of handloom products has been affected due to the COVID-19 pandemic and hike in yarn prices. They lamented that the hike in tax rates announced by the Centre would severely affect the livelihood of weavers and the sale of handloom goods.

They said that over 10 lakh weavers are dependent on this occupation at least three lakh families would be affected if the hike in tax rates is implemented.

THE HINDU 

(The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage