News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Tamil Nadu
Weavers strike work; stage protest against increase in prices of yarn
Staff Reporter
|
They hold demonstration at Jakkampatti in Theni district
|
THENI: Over 1,000 weavers and owners of powerlooms and allied industries struck work and a staged demonstration on Thursday at Jakkampatti, a major powerloom centre in the district, to protest increase prices of yarn and other raw materials. All shops and business establishments, in support of powerlooms, joined the stir.
Later, the protesters marched to the taluk office at Andipatti and handed over a petition to the revenue officials seeking intervention of the government in controlling prices of yarn, the main raw material for powerlooms.
Yarn prices would go up further in the coming months, feared powerloom owners (hovering at Rs.560 a bundle four days ago, it shot up to Rs.590 on Tuesday).
At the same time, prices of raw materials for processing also had increased.
Even if we were prepared to pay higher prices, short supply of chemicals had hit the production. Chemical traders could not keep stock owing to massive fluctuation of prices in the market.
No credit facility
Already, yarn manufacturers had stopped supplying yarn to weavers on credit and insist on down payment for purchase of every bundle. Even weavers’ cooperative societies also were not supplying yarn to us, they added. “Our future is very bleak. We do not know what to do and how to proceed. “No one knows when this precarious situation will change.”
Rs.40-lakh loss
Total loss due to stoppage of production of powerlooms is estimated at Rs.40 lakh a day. Over 4,000 powerlooms in the district did not function. Andipatti, Jakkampatti, T. Subbulapuram and nearby areas in the district are the major power loom centres that offer jobs directly and indirectly to over 20,000 workers.
Printer friendly
page
Send this article to Friends by
E-Mail
Tamil Nadu
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Updates:
Breaking News |
|
