Gujarat MSME units for textile industry hit hard by demonetization

Related Keywords: ancillary units for textile industry, cash transactions at retail level, demonetization by Center, financial crisis, Garments, GIDC, Gujarat, labour unrest, major hub for textile sector, shut down production, textile machinery units, two lakh registered MSME units, Vatva Industries Association

Ahmedabad
Gujarat MSME units for textile industry hit hard  by demonetization
Summary: 
Gujarat a major hub for textile sector having about two lakh registered MSME units of which several form ancillary units for the textile industry such as for garments or even textile machinery units has been hit hard since the demonetization of Rs500 and Rs1000 notes announcement by the Centre, as most transactions especially at the retail level are done in cash.

Gujarat a major hub for textile sector having about two lakh registered MSME units of which several form ancillary units for the textile industry such as for garments or even textile machinery units has been hit hard since the demonetization of Rs500 and Rs1000 notes announcement by the Centre, as most transactions especially at the retail level are done in cash.

http://www.financialexpress.com/economy/demonetisation-hits-msmes-hard-output-plunges-to-50-of-capacity-labour-unrest-fears-haunt-sector/459816/
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BJMC looking for financial assistance of Tk5.0 bn to procure raw jute

Related Keywords: BJMC, financial assistance, financial crisis, growing areas, Hessian bags, Hessian cloth, jute goods export, jute mills, longest natural fibre, procure raw jute, sacking cloth

Bangladesh
BJMC looking for financial assistance of Tk5.0 bn to procure raw jute
Summary: 
Bangladesh Jute Mills Corporation (BJMC) is going through an acute financial crisis mainly due to decline in exports of jute goods is seeking for financial assistance from the government of TK5.0 billion to procure raw jute urgently to feed its mills, as the prime time of cash crop has now set in.

Bangladesh Jute Mills Corporation (BJMC) is going through an acute financial crisis mainly due to decline in exports of jute goods is seeking for financial assistance from the government of TK5.0 billion to procure raw jute urgently to feed its mills, as the prime time of cash crop has now set in.
 
Major-General Humayun Khaled, Chairman of the BJMC, sent Monday a letter to Mahbub Ahmed, senior secretary of the ministry of finance (MoF), seeking the fund support.
 

http://www.thefinancialexpress-bd.com/2014/08/09/49416
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