Recently Union Textile Minister of India, Smriti Irani met textile sector leaders for suggestions and inputs for National Textile Policy (NTP) in New Delhi. Representatives from the Surat’s textile sector have demanded the ‘one-nation-one-power-tariff’ formula established in India to provide a level playing field.
As in the state of Maharashtra power tariff range around Rs. 3.50 per unit while Gujarat state is paying Rs. 7.50 per unit. Leaders opined that the issue of power tariff is crucial when it comes to the competitiveness of the textile products manufactured in Surat.
Representatives from the Southern Gujarat Chamber of Commerce and Industry (SGCCI), Synthetic and Rayon Textile Export Promotion Council (SRTEPC), South Gujarat Textile Processors Association (SGTPA), Federation of Indian Art Silk Weaving Industry (FIASWI) and other textile associations from Maharashtra and Southern India were present at the meeting.
Bharat Gandhi, Chairman of FIASWI said, “Like the one-nation-one-tax, we demand one power tariff for the textile sector. This will allow textile entrepreneurs from Gujarat to compete with other states. At present, the products manufactured by the units in Surat have a higher price range due to the increase in the production cost.”
Representatives also emphasized on the non-payment of the Input Tax Credit (ITC) under the GST to the textile unit owners by the Government, simplification of the process under the Technology Upgradation Fund (TUF) scheme, policy changes for the textile park scheme, providing subsidy for the Emission Trading Scheme (ETS) for environment protection to the textile mills etc.