The demands of Surat Textile Industry

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– Exemption from interest by banks on term loans during lockdown period
– Guidelines for all banks to facilitate channel finance
– Pay to retailers as soon as possible by PSU
– Guidelines should be issued regarding the salary of employees
– Full interest waiver and penalty relief in income tax and GST interest rate
– Loans up to Rs.15 lakhs without security
– Exemption from fees levied by banks for digital payments
– Group medical insurance scheme for employees by the government
– Three months moratorium of EMI to be given by the bank for one year till March 31, 2021
– 8 to 12 percent bank interest should be reduced to 4 percent
– Demand for bank guarantee for subsidy should be relieved
– Traders subsidy is pending, it should be released
– Study report of Surat textile industry
– Normalize GST and provide incentives for exports
– Small shopkeepers should get loans without interest to maintain their business