The Indian Texpreneurs’ Federation (ITF) has sought a proactive Textile Ministry to help achieve its vision.
Seeking policy changes to make the mill sector vibrant, ITF Secretary D Prabhu has in a communication to Prime Minister Narendra Modi categorically stated that the Federation is not seeking sops or subsidies, but better support from the Centre to do business with ease.
An industry insider told BusinessLine that there is some disconnect between the TN textile sector and the Ministry of Textiles at the Centre. “Many of our burning issues such as undue delay in disbursement of TU subsidy, lifting the TUF black-out period (between June 29, 2010 and April 27, 2011), and scrapping the hank yarn obligation, among others, remained unaddressed. We look forward to a constructive dialogue to achieve the targeted growth and usher in a transformational change. For this to happen, we will need the powers-that-be in the sector to visit this region, understand our concerns, and address them without delay,” the source said.