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blake 3:17
Babbler # 10360

posted 01 December 2005 07:38 PM      Profile for blake 3:17     Send New Private Message      Edit/Delete Post  Reply With Quote 
Govt ready for labour reforms, Left support difficult: Min
New Delhi | December 01, 2005 8:43:51 PM IST

The UPA Government is considering reforming labour laws, but getting support of the Left allies looks difficult, Union Textiles Minister Shankersinh Vaghela said today.
Inaugurating the Asian Textiles Conference 2005 (ATEXCON), he said ''the Government is considering to reform the labour laws in the country but getting support from the Left parties is difficult which is hampering the export growth in the SEZs also.'' He further said elimination of quota has provided opportunity for acclerated increase in trade for the Asian countries because these countries enjoy the natural advantages in the form of abundant raw material and low labour costs.

''These advantages need to be dovetailed with technology upgradation and quality improvement to retain the competitive edge of Asian textile industry leading to quantum jump in global share of the Asian textile exports in the post quota regime,'' the Minister said.

Mr Vaghela, however, made it clear that the bottom line of success in the quota regime would be quality, prices, marketing skills, adherence to delivery schedules and work-place norms being sanitised upon by the buyers.

Elimination of quotas, progressive liberalisation of market access by way of gradual reduction of import tariff and removal of quantitative restrictions on imports has led to intense competition both in domestic and international markets, he said and added that there were several contributing factors for which Asian textile industry will play a key role in the major textile and clothing markets of the world and will remain as an important segment of the economies of the Asian countries.


From: Toronto | Registered: Sep 2005  |  IP: Logged
Ghost of the Navigator
Babbler # 11029

posted 02 December 2005 03:43 PM      Profile for Ghost of the Navigator        Edit/Delete Post  Reply With Quote 
The INC continues to serve its masters in Washington. *yawns*
From: Canada | Registered: Nov 2005  |  IP: Logged

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