Hopes of hosiery units washed away

Greater Kashmir
Publish Date: Sep 15 2014 12:15PM | Updated Date: Oct 10 2014 9:01PM
Hopes of hosiery units washed away

 The textile industry in Punjab is incurring huge losses because of the floods in Kashmir. Several hosiery units, which supplied hosiery goods to Kashmir, have suspended production. The Ludhiana hosiery and knitwear industry is already reeling under a host of problems.

The textile industry has been supplying shawls and blankets to Jammu and Kashmir. “The knitwear industry has already conducted business transactions worth Rs 50 crore with clients in Jammu and Kashmir. However, the floods have ruined business. Our payments are stuck and there is little hope of retrieving the payments,” said a worried Vinod Thapar, chairman, Knitwear Club. He said as of now, all orders stood cancelled.

Trader Sanjay Jalota claimed that 90 per cent units that supplied hosiery goods to J&K had suspended production. Another manufacturer said there was panic among the traders who were worried about that payments may never be recovered. Thapar said the Knitwear Club planned to approach banks to bail out the industry.


Muktsar: To check waterlogging, Chief Minister Parkash Singh Badal today asked the Irrigation Department to initiate the process for strengthening, upgrading and widening the drainage system in south-west districts.


He also asked the department to explore the feasibility of creating a separate post of Chief Engineer (Floods) for this region.


“An expert appointed to this post should be entrusted with the job of finding ways and means to prevent floods in the region,” said Badal.


He was here on a whirlwind tour of the rain-affected areas. The Chief Minister said that the widening and strengthening of the drainage system was a part of the state government’s master plan to overcome the problem of waterlogging.


He said this measure would help reduce the retention period of excess water from 14 days to just seven days.

Badal asked the Financial Commissioner, Revenue, NS Kang, to personally monitor the process for speedy relief to the affected people. “The state government is duty-bound to help those affected by waterlogging. We are making efforts to bail out the people from this crisis,” the Chief Minister said.

 

 

 

 

 

Interacting with mediapersons, the Chief Minister said the plan to overhaul the damaged infrastructure in the waterlogged villages would be ready within a fortnight. He said with the concurrence of villagers, reconstruction work would be started within a month. Villages in Fazilka, Abohar and Muktsar have been hit the most.

Latest News

  1. KU result row: 'LO, NA mainly due to wrong filling up of OMR sheets by students'
  2. KU result row: 'LO, NA mainly due to wrong filling up of OMR sheets by students'
  1. Army man's family refuses to perform last rites, demand presence of Home Minsiter at the ceremony
  2. Army man's family refuses to perform last rites, demand presence of Home Minsiter at the ceremony
  1. Police use force to disperse protesting college students in Srinagar
  2. Police use force to disperse protesting college students in Srinagar
  1. China donates solar power generation systems to Nepal
  2. China donates solar power generation systems to Nepal
  1. Gunshots heard in Lassipora area of Pulwama, area cordoned off: Police
  2. Gunshots heard in Lassipora area of Pulwama, area cordoned off: Police
  1. Kashmir Observer editor receives Asian Arab Award 2018
  2. Kashmir Observer editor receives Asian Arab Award 2018
  1. India in talks with Russia over Rs 39,000 core arsenal deal
  2. India in talks with Russia over Rs 39,000 core arsenal deal
  1. Displaced border dwellers demand land, bunkers in Jammu and Kashmir
  2. Displaced border dwellers demand land, bunkers in Jammu and Kashmir
  1. Russian President takes dip in ice-cold water, video goes viral
  2. Russian President takes dip in ice-cold water, video goes viral
  1. Govt warns action against erring officials after student protests in Srinagar
  2. Govt warns action against erring officials after student protests in Srinagar
  1. 3rd semester undergrad students block Kashmir University road against result discrepancies
  2. 3rd semester undergrad students block Kashmir University road against result discrepancies
  1. Civilian wounded in grenade attack in Pampore
  2. Civilian wounded in grenade attack in Pampore
  1. Army allegedly ransacks religious seminary in north Kashmir’s Sopore
  2. Army allegedly ransacks religious seminary in north Kashmir’s Sopore
  1. Japan holds first evacuation drill after World War II over escalating threat from North Korea
  2. Japan holds first evacuation drill after World War II over escalating threat from North Korea
  1. Three killed in Thailand market bombing
  2. Three killed in Thailand market bombing
  1. Kargil records -18.8 deg C as Jammu and Kashmir shivers under sub-zero temp
  2. Kargil records -18.8 deg C as Jammu and Kashmir shivers under sub-zero temp
  1. Arrest of activist over participation in protest against Kathua minor girl's murder rocks assembly
  2. Arrest of activist over participation in protest against Kathua minor girl's murder rocks assembly
  1. Richest 1% in India got 73% of wealth generated last year, shows survey
  2. Richest 1% in India got 73% of wealth generated last year, shows survey
  1. Stone-pelting cases: Govt mulling amnesty to second time offenders, says CM
  2. Stone-pelting cases: Govt mulling amnesty to second time offenders, says CM
  1. Opposition walks out of assembly over Kashmir power crisis
  2. Opposition walks out of assembly over Kashmir power crisis
  1. Yashwant, Shatrughan back AAP over MLAs' disqualification
  2. Yashwant, Shatrughan back AAP over MLAs' disqualification
  1. Forces harassing families, neighbours of militants: NC legislator tells assembly
  2. Forces harassing families, neighbours of militants: NC legislator tells assembly
  1. Drug peddler arrested in Sopore in north Kashmir: Police
  2. Drug peddler arrested in Sopore in north Kashmir: Police
  1. Kabul hotel attack toll rises to 18
  2. Kabul hotel attack toll rises to 18
  1. No snow in sight in Kashmir plains till Jan end: Weatherman
  2. No snow in sight in Kashmir plains till Jan end: Weatherman
  1. Lathicharge on Gujjars protesting murder of minor girl in Kathua rocks Kashmir assembly
  2. Lathicharge on Gujjars protesting murder of minor girl in Kathua rocks Kashmir assembly
  1. Border skirmishes: Civilian killed in overnight firing; toll mounts to 12
  2. Border skirmishes: Civilian killed in overnight firing; toll mounts to 12