What was sircilla tragedy????
Answers
The power loom weavers of Sircilla textile town in Karimnagar district, who are yet to recover from the burden of FSA (Fuel Surcharge Adjustments), are now reeling under the crisis of unemployment and closure of power looms with traders stopping the supply of raw material following the escalation of polyster yarn cost.
High costs
Due to the high cost of polyster yarn and increase in the production cost following heavy power bills, traders have stopped supplying the required yarn for producing polyster fabric since the last fortnight. Traders said that they were incurring losses due to huge production costs.
There are around 34,000 power looms in Sircilla textile town. Among them, 15,000 power looms produce only polyster fabric providing employment to 8,000 odd weavers directly and indirectly. However, following the non-supply of polyster yarn, several hundreds of power looms have stopped producing cloth and others are also on their way to closure
Sircilla tragedy.
Explanation:
- The government hiked the power tariff as a part of liberalization, privatization and globalization.
- Though the power sector reforms led to a hike in tariffs they failed to provide quality power to the power loom industry.
- Since the workers of the power loom workers get the paid on the basis of the production of clothes, power cut resulted in a wage cut of weavers.
- This led to great harm to the livelihood of weavers.
Learn More:
What was sircilla tragedy?
brainly.in/question/9259151