Surat Textile Sector Waiting For Power Subsidy Since Five Years
The textile industry in Surat, which is India’s biggest have been waiting since five years for the power subsidy promised in the 2019 Gujarat Textile Policy.
Over 3,800 applications, approved by the District Industries Centre (DIC) and the Surat District Collector, are lying dormant, waiting for approval from the state government.
The deadline for the Textile Policy ended on December 31, 2023, leaving a trail of uncertainty in its wake.
“The subsidy, a lifeline for the industry which is faced with rising energy costs, amounted to Rs 3 per unit for low tension connections and Rs 2 per unit for high tension connections,” Blunt Times reported.
“The Gujarat Textile Policy ended on December 31, 2023. We haven’t heard a word about the disbursement of the subsidy,” Vijay Mevawala, Vice President of the Southern Gujarat Chamber of Commerce and Industry (SGCCI) said.
“We have written to the state government, urging them to clear the files. Our hope is that these 3,800 applications, each representing a weaver’s dream, will finally see the light of day,” he stated.
