Textile traders lose Rupees 6-crore worth business due to bandh
Textile traders shut down their shops as part of their second phase of agitation for three days from June 27 to 29 which had affected the trading considerably.
Srikakulam: Textile traders shut down their shops as part of their second phase of agitation for three days from June 27 to 29 which had affected the trading considerably.
The garments business is being run in the district with more than 1,000 shops in Srikakulam district headquarters, Amudalavalasa, Rajam, Palakonda, Palasa, Narasannapeta, Itchapuram, Sompeta, Tekkali, Ponduru, Ranastalam and other mandal mandal headquarters.
Every day customers within the district and adjacent Odisha state purchase garments at various shops in the district, but due to bandh Rs 6 crore worth trading was affected. Garments manufacturing and trading is the second biggest employment source after agriculture with the GST it would be affected severely and most of the people will lose their livelihood,
said cloth merchants state vice-president Patnala Srinivasa Rao. The Central government imposed GST to provide profits to corporate sectors, opined traders Utla Gandhi of Sompeta, V Srinu of Narasannapeta, G Babu of Amudalavalasa towns.