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  • 7 weeks ago
பிரதமர் மோடி, அமெரிக்க அதிபர் டிரம்பிடம் பேச்சுவார்த்தை நடத்தி, வரி, அபராதம் ஆகியவற்றை திரும்பப் பெற நடவடிக்கை எடுக்க வேண்டும் என்று ஜவுளித் துறையினர் கோரிக்கை வைத்துள்ளனர்.

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00:00The recent announcement of U.S. tariff of 25% plus penalty tariff has come as a root
00:10shock for the exporters and the textile industry in the country.
00:15Of course, the government has been very consciously taking historical initiatives, including the
00:26conclusion of FTA on a fast track.
00:28This U.S. announcement has come as a shock for the industry.
00:33This 25% plus penalty tariff, we don't know how much they are going to do.
00:38We strongly believe that our government will find a solution for this.
00:44But till such time, the industry is looking forward to have some relief measures.
00:50So that we sustain our profitability or financial viability and we need to definitely prevent
01:02job losses, production stopping, etc.
01:05And our plea to the government is this 11% import duty on cotton has been very significantly
01:12affecting our exports as well as domestic market last 3-4 years.
01:18And already based on our representation, ELS cotton they have exempted.
01:23And the other cotton also we hope shortly they will remove the duty.
01:27But it should be a full removal because the country is going to face continuously cotton
01:33shortage anywhere between 40 to 50 lakh bales per year.
01:38And the cotton farmer is fully protected under the minimum support price, which is almost 10,000
01:45rupees higher than the international price.
01:47So it is not going to affect the farmers and the industry also provides jobs to 35 million
01:56people directly in the cotton value chain.
01:59So that is one important measure they have to undertake.
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