Ramaswami

This Blog is about the democratic movements in India. Its only aim and objective is to fight against the anti-people policies of the ruling class.

Saturday, April 25, 2020

Around 31% of domestic apparel factories might close and about 25 lakh workers could lose jobs as a result of the ongoing nationwide lockdown imposed to slow down the spread of COVID-19 pandemic, according to a survey conducted by the Clothing Manufacturers Association of India (CMAI). “MSMEs see no future and want to shut operations. Considering that close to 8 million people are employed by the domestic apparel industry, almost 2.5 million workers will be out of jobs,” stated CMAI. As per estimates, around 90% of the apparel domestic industry belongs to the Micro Small and Medium Enterprises (MSME) sector.

COVID-19 Lockdown: 25 lakh workers in Textile Industries Could Lose Jobs, Says CMAI Survey | NewsClick




Ramaswami at 7:49 PM
Share
‹
›
Home
View web version
Powered by Blogger.