Challenges are being faced by the textile industry including the MMF textile segment due to the outbreak of COVID –19.

Circular No.ES/20/2020-21 4th April, 2020

To: Members of the Council

Sub.: Challenges are being faced by the textile industry including the MMF textile segment due to the outbreak of COVID –19.

Dear Member,

As you are aware, several challenges are being faced by the Textiles Industry including the MMF Textile segment due to the outbreak of COVID –19.

In this regard, the Council has received a communication from the Ministry of Textiles seeking details of the loan taken by each member of the Export Promotion Councils and status of its payment.

Those members who have taken loans are requested to kindly send the details of their loan and payment status in the format given below, latest by Monday, 6th April, 2020 till 5 P.M. to ed@srtepc.in, baruah@srtepc.in and es@srtepc.in :

Sl. No.

Name of loanee company

Name of EPC/

Association

Loan sanctioned

Purpose

Loan paid up to 1st February, 2020

Loan paid after 1st February, 2020

Outstanding loan amount

(Principal + Interest)

Members may kindly make a note of the above and send us the information on the above stated date to enable us to send the information to the Ministry.

We request your kind co-operation and support in this regard.

Thanking you,

Yours faithfully,

S. BALARAJU

EXECUTIVE DIRECTOR