If India Silk Farmers Get Hurt, The Government Will Intervene.
India's minister of Commerce and industry, Anand Sharma, said India's federal government was aware of Karnataka's
Cocoon price
On the decline, local output accounts for
India silk
50% of production.
The minister said the government is closely observing the whole country.
raw silk
Price trend.
He assured that if the domestic silk farmers were adversely affected by the government's decision to cut tariffs on imported raw silk by 25%, the government would intervene.
However, Karnataka's sericultural farmers believe that the reason why the cocoon price has dropped sharply is that the government lowered the import tariff of raw silk from 30% to 5% in the 2011-12 budget.
The minister said that when the government decided to substantially cut import tariffs, demand supply imbalance and raw silk users were facing a shortage of raw silk.
If the domestic sericultural farmers are now being adversely affected, the government will intervene.
- Related reading
Vigorously Promoting The Regulation And Upgrading Of The Apparel Industry'S Tail Market
|- Local industry | Zhejiang'S Export Growth Is Strong And A Record High.
- Market trend | Domestic Clothing Is Still Immature In Brand Building And Marketing.
- Market topics | Workers Wage Increases, Cost Pressures, Spinning Enterprises "Worry" Words.
- Fashion frontier | Tanabata Season: Giving Lovers "Romantic Days"
- Market topics | Economic Analysis Of China'S Hemp Textile And Hemp Products In 2010
- Mall Express | Beijing Xidan Friendship Group'S Scale Is Over Ten Billion Yuan In 10 Years.
- Market trend | 20 Billion Yuan Cargo Throughput To Form A Never-Ending Exhibition Fair
- fashion week | "Tianyi" Canton Silk Fashion Debut In World Expo Guangdong Week
- Market topics | China'S Silk Culture Is New, And Its Strategy Is The Right To Speak.
- Local industry | Shishi Garment Accessories Industry To Overcome All Difficulties And Get Out Of The Broad Road
- Data Center Ushered In Cloud Era
- Wenzhou Shoe Enterprises Are Good At "Mildew Prevention" Three Pass &Nbsp; Eliminate Mouldy Replay.
- 沈陽師范大學(xué)美術(shù)與設(shè)計(jì)學(xué)院
- The India Government Meeting Will Decide To Abolish The Cotton Export Ban.
- Chinese Shoes Brand Of "Eight Immortals Crossing The Sea"
- The United States Proposed To Deal With The Illegal Import Of Textiles And Clothing
- World Footwear Headquarters Seeks New Engine For Shoe Industry Pformation And Upgrading
- Internet Sales Have Become The Third Largest Selling Platform For Footwear Industry After Shopping Malls And Franchised Stores.
- Jinjiang'S Exports Of Shoes And Boots Increased By 6.16% In May Compared With The Same Period Last Year.
- Bangladesh Hopes New Eur4m Plan To Promote Garment Industry Development