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The textile industry in Maharashtra is facing financial crisis "hence the idea of setting up private cotton mills"

2023-06-22 10:52:25
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The state of Maharashtra is the leading state in the country in cotton production. The importance of the industry is that the state has large and small textile mills. Global spinning is a very important factor.

2,500 to 3,000 crores per annum, both directly and indirectly, through the medium of the state's cotton mills. Cotton produced by cotton farmers is not sold by farmers.

The country's spinning has a huge contribution in the development of the state, but in the current situation, due to the spinning non-export situation, there has been a huge decline in the domestic supply in the market. There is a loss of Rs 30 to 40 per kg. So it is becoming difficult to keep the mill running and it is becoming very difficult to maintain all the confidence and help is needed, otherwise the whole textile industry will be affected. Collapse is possible

There is also an important matter that there is a difference between the help received from the government to the co-operative cotton mill and the private cotton mill. And the co-operative cotton mill and the private cotton mill have to sell in the same market, due to which the private cotton mill has to suffer a big loss. Accordingly, the electricity rebate for cooperative Sutgirani is Rs 2 per unit while for private Sutgirani it is Rs 3 per unit.

In this way, the government will help the co-operative cotton mill with interest equal to Rs 3000 per spindle, it has been decided that private cotton mill also needs it, both cooperative and private cotton mill need it.

Looking at the economic situation and recession, the government should help cooperative and private cotton farmers without making any distinction. Otherwise, it will be difficult for private spinners to run.

Looking at this situation and preventing the loss, it is difficult to move ahead with private thread weaving, so the idea of bandhing private thread weaving is being floated.

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