PAKISTAN: Textile millers to observe token strike

LAHORE: The textile millers who waited for the government to announce some relief package in this years budget ( 2007-08) have decided to observe daily token strike of two hours from June 15.

The cost of doing business has gone up by a great extent and if the government fails to offer any relief package then 200 spinning units will close down after the budget announcement.

Some textile millers are bearing a crore-rupee loss daily due to non availability of level playing field against competitors.

The APTA ( All Pakistan Textile Association ) has recently sent a delegation to Islamabad to request the concerned ministers to look into their grivenances.

APTMA ( All Pakistan Textile Mills Association ) had circulated a letter to its members to stage a sit-in before the PM house and observe a one-day strike.

APTMA is the registered body of textile millers while APTA is union of the APTMA dissidents.

APTA has decided to take textile millers on roads and they are going to start with token strike of two hours daily from June 15 onward. According to them, they would not hesitate from taking extreme steps in case the government failed to meet their demands.

The spinning industry has urged the government functionaries for long term finance through LTF for all outstanding liability, whether it is classified or not and further short term loans at special textile finance rates.

Similarly, a moratorium in repayments to financial institutions for two years to let this volatile situation settle down and to prevent spiraling defaults.

There is demand for removal of cross subsidies in the utilities, including electricity and gas.

Send your News/Releases for publication to [email protected]
Added: June 6, 2007 Source: Agencies
Start script - 1534673721.5733 Start news id check - 1534673721.5734 After news id check - 1534673721.5737 After cookie_code - 1534673722.4407 Before news detail - 1534673722.4407 After news detail - 1534673722.4416 Start cat select - 1534673722.4417 After cat select - 1534673722.4419 before preg replace - 1534673722.4419 After preg replace - 1534673722.4419 Before tag engine - 1534673722.4419 After tag engine - 1534673722.4456 Before mptt engine - 1534673722.4456 After mptt engine - 1534673722.4456 Before related engine - 1534673722.4456 After related engine - 1534673722.446 Before update hits - 1534673722.4461 After update hits - 1534673722.4462 After update news_hits - 1534673722.4491 After mem_only_views - 1534673722.4492 -------------------------------------------------- Total Exec time:- 0.87590003013611
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 19-08-2018