India: Opposition highlights textile industry's concerns over GST in Rajya Sabha
The Opposition parties have raised their voice against the impact of Goods and Services Tax (GST) on textile industry during the Zero Hour debate in the Rajya Sabha and highlighted the issues being faced by the industry due to implementation of the new tax regime.
Many of the opposition members demanded that the textile sector should be kept out of the purview of GST. They also raised issues relating to the recent strike by textile traders in Gujarat and other parts of the country and their impact on the industry.
A Member of the Parliament from Telangana expressed concern over the excessive slabs of GST rolled out. He also highlighted the grievances of handloom, powerloom and textile sectors known for employing around 70 lakh people in the country.
The textile sector needs to be protected in view of its glory, emphasized the MP. The strike by West Bengal traders and its impact on the industry was also part of the discussion in the Upper House. “The complexity of GST rules, the problem in maintaining GST audit and registration process has hit business and jobs of ostagar (tailors),” reportedly said Ritabrata Banerjee, a CPI member from West Bengal.
Most of the busy textile markets in India, such as Burrabazar in Kolkata; Bhilwara – the textile hub of Rajasthan; and
Surat – the man-made fibre (MMF) hub have all worn a deserted look as the textile traders here have been busy protesting against the Centre over GST. Gujarat, Maharashtra, Tamil Nadu and Odisha are also facing a similar business situation since the implementation of GST.