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Hiking GST on handlooms, textiles will ring death knell for industry: TRS

The working president of ruling TRS in Telangana K T Rama Rao urged Prime Minister Narendra Modi to intervene in the matter to save weavers

Goods and services tax, gst

Press Trust of India Hyderabad

The working president of ruling TRS in Telangana K T Rama Rao on Friday claimed that the enhancement of GST on handlooms and textiles from five to 12 per cent would be a death knell for the industry.

Rama Rao, State Minister for Industries, urged Prime Minister Narendra Modi to intervene in the matter to save weavers.

"Hon'ble @narendramodi Ji, on the national handloom day you had talked of strengthening #Vocal4Handmade. Contrary to the idea, your govt has enhanced GST on Handlooms & Textiles from 5 to 12 % which will be a death knell for the industry. Request you to intervene & save weavers," Rama Rao, son of Chief Minister K Chandrasekhar Rao, tweeted.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 24 2021 | 6:46 PM IST

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