The Federation of Hosiery Manufacturers Association of India has joined numerous trade bodies to urge the Union Government to scrap its plan to raise goods and services tax on textiles and clothing from 5% to 12%.
The Retailers Association of India made an appeal to Union Finance Minister Nirmala Sitharaman to reconsider the government’s proposal to significantly increase goods and services tax rates on apparel and textiles.
The Retailers Association of India urged the Maharashtra government to enable malls in the state to reopen, as they have in other states, in order to save employment and get the retail economy going again.
The Retailers Association of India has stated that it is time to gradually reopen formal retail, shopping centres, and malls in order to enable the wider economy to begin to recover from the Covid-19 pandemic.
The Confederation of Indian Industry and the Retailers Association of India have asked the government to provide retailers with a stimulus package to help mitigate the financial effects of the pandemic.
The Retailers Association of India has proposed numerous malls across India as spaces to use for vaccination drives and has asked for retail employees to be classed as essential workers and vaccinated with priority.