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 news : Textiles traders in Surat demand MSME status #FinanceIndia #StockMarketNEWS Textiles traders in Surat demand MSME status Surat, Feb 29 (KNN) Federation of Surat Textile Traders’ Association

@StockMarketNEWS Thu 12 Mar, 2020

Posted in: #FinanceIndia #StockMarketNEWS

Textiles traders in Surat demand MSME status #FinanceIndia #StockMarketNEWS
Textiles traders in Surat demand MSME status Surat, Feb 29 (KNN) Federation of Surat Textile Traders’ Association (FOSTTA) has urged Union Ministry of Micro, Small and Medium Enterprises (MSME) to treat the textile traders in the city as MSMEs.

In a recent meeting held with the Development Commissioner of MSME, Ram Mohan Mishra, who was on a day’s visit to the city on Friday, FOSTTA office-bearers urged Mishra to provide status of MSME to Textiles traders.

Apart from putting their long-pending demand of providing MSME status to textile traders, the traders’ body also raised several issues which they are facing.

“Textile trading business involves 60 per cent job work on cloth, which passes from more than 12 different types of processes. However, traders are also manufacturers and that they should be given the status of MSME,” said FOSTTA, Joint Secretary, Purshottam Agarwal.

Traders also requested MSME development commissioner to set up a skill development centre for women.

“We raised an important issue with MSME development commissioner for setting up a skill development centre for women doing hand-embroidery on saris and dress material. After GST implementation, hundreds of women have been rendered jobless,” FOSTTA president Manoj Agarwal added.

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