Powerlooms In India
Bhiwandi powerloom owners announce complete shutdown for 20 days from Nov 1
Powerloom owners in Bhiwandi town of Maharashtra's Thane district have called for a complete shutdown of their units from November 1 to 20 to press for their long-pending demands from the government. Around 700 powerloom owners held a meeting here and decided to keep the units shut for 20 days to draw the government's attention to their woes, ranging from yarn prices and taxes to electricity rates. "The Central and state governments are to blame for the pathetic situation in Bhiwandi, which is considered the Manchester of India," said Naresh Sancheti, a representative of the powerloom owners. The Bhiwandi industry employs nearly five lakh workers drawn from different states and during this period they will have to starve as they won't have any work or wages, he said. Of the 15 lakh powerlooms, only 10 lakh are functional due to various reasons, he said. The shutdown will affect around 20,000 owners of the powerloom units in the town and impact the transport industry, Sancheti ...
 "Bhiwandi powerloom owners announce complete shutdown for 20 days from Nov 1")
Varanasi powerloom workers on strike demanding electricity bill waiver
The workers of the powerloom industry are on strike in Varanasi, demanding a waiver of the electricity bill till December.
 "Varanasi powerloom workers on strike demanding electricity bill waiver")
Pradhan Mantri Credit Scheme: Industry cheers incentives to powerlooms
The schemes provide for powerloom units to not only upgrade technology but to install solar power equipment to cut energy costs
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Govt's subsidy schemes, tech upgradation to aid 2.5 mn ailing powerlooms
On offer: max 20% of project cost as margin money subsidy, 6% interest subvention for five years
 "Govt's subsidy schemes, tech upgradation to aid 2.5 mn ailing powerlooms")
