The Synthetic & Rayon Textiles Export Promotion Council

Issues arising from Demonetization and its combined solutions

24th November 2016

Dear Member

Sub:  Issues arising from Demonetization and its combined solutions

Reference our communication to you on Monday 21st November 2016, wherein we, at the directive of the Hon’ble Union Minister of Textiles, had requested for feedback regarding any issues faced by our SME members in the operations of their business on account of the Demonetization roll out.

We had requested you to highlight any problems or constraints faced by you for disbursal of wages/salary to your workers or for working capital needs.  We have not received any written response in this matter.

Since the HMOT has personally enquired into the well being of the running of your respective organizations, it places on us the responsibility to revert back, either assuring her that we can manage things at our end or request for any specific and practical assistance from the Council or the Ministry to be able to smoothen the day to day cash related workings of your organization.

We would appreciate an immediate response in this matter.

Thanking You

 

V. Anil Kumar
Executive Director