Interruption of turnover from March financing

The textile market is spinning under the burden of financing and wages for the March Ending. The textile traders do business for 6 months a year and account for the month of March. Ta. Due to advance tax, interest, loan repayment, LIC, premium, TDS, brokerage, payment of commissions, payment of commissions before March 7, more money is needed in the month of March. Every year this year the problem of March is different. This year, the Corona virus raises a number of questions, and at the international level, it has started to create major obstacles.

Tourism from other countries is halted and any country is afraid of issuing visas to citizens of other countries. As a result, trade has a huge impact on the business. And it could have serious consequences in the future as well. Thanks to business, peace is becoming dependent on stability. This year the virus is seen to be affecting business employment. It has been impacted by export works. Exports of cotton, cotton yarn and textiles have been affected. This year the country has a good crop of cotton. But because of the situation in China, the cotton and cotton yarn that went into China has been affected.

The virus has caused morale deterioration in the country due to the closure of schools, colleges and malls in the country. Moreover, the situation on the Delhi side and the North side is more fluid and traders have been stopped from outside due to the virus. Thus the entire business system and financial system has been a disaster. In such times, there is a growing confusion as to why cloth merchants and manufacturing units do business and production. What the picture will be next has become an issue beyond understanding. Moreover, in India, the demand for textile, cotton, cotton yarn exports has decreased due to the increase in cases of corona virus. For both the exporter and the importer, there is a situation like weight and watch for what lies ahead.

The decline in the export activity has led to the increasing confusion of textile traders and exporters. The textile market is financed only. And there is no policy and practice in the payment system. In addition, the morale of the market has worsened due to the slowness of parties. If such a situation continues then more parties will be delayed and if this happens the market morale will be affected. In addition, the fluctuations in the stock market have also affected the financial fluctuations. The case of Yes Bank is fresh and textile traders are being blocked in the market due to the slump in the stock market. On the one hand, there is no money laundering in the cloth due to the rupture of payment in the goods which have been damaged by the standard of payment. How often can this happen?

President Gauranbhai's recent visit to a trader who was trapped in the money but could not survive the shock, the businessman's brother became unconscious and had to be treated immediately. On top of this one can understand the situation of the textile market. Currently the textile market is in the ICU and the commercial and productive units of textile are in a state of pause and wait until the international level virus and domestic situation improves.

Demand is good in the market for textile prices. Used in both Plane and Dobby in qualification. In addition, there is a demand for qualifications in shootings and shirts. Manufacturing units in denim fabrics have increased and against this the demand for stocks in denim fabrics has increased. Arvind Mills does not make new contacts in the outside jobwork that was made of denim due to the decline in denim work at International Level Export. And the old contact has been canceled too. Print is in demand. But the condition of the process houses has worsened. Color-chemicals have increased prices and cost of processing has gone up. Cotton in yarn dyed shirts now has polyester in place to lower its costing. Cotton Cambrick 5 Pano AirJet in 1/4 3/8 Quality Rupees. The malls are sold in 1. Airjet Satin 3 Pano 1/4 3/4 Compact Quality Rs. The malls are sold in 1. Satin 8 Pano 1/4 3/4 Compact Rs. The malls are sold in 1.

Muskati Mahajan Rs. Muskati Mahajan has been disbursed Rs. Five lakhs and Rs. Nineteen lakhs have thus been returned to the total of thirty-three million merchants. In addition, recently Mahajan's joint secretary, Jitubhai, has appointed his only son Rahul for the post. The current situation in the textile market is fragile. And the business class and the productive units do not see a way forward in the face of this, and the situation is likely to rise further due to the month of March.

Comments