1. Trade unions call for strike at Tirupur over demonetisation of Rs 500, Rs 1000 notes

Trade unions call for strike at Tirupur over demonetisation of Rs 500, Rs 1000 notes

Trade unions affiliated to parties such as the CPI, CPI(M), Congress and the DMK have called for a day-long strike on November 23 to protest against the Centre’s demonetisation scheme in and around Tirupur — the knitwear capital of India.

By: | Chennai | Published: November 22, 2016 6:32 AM
The proposed strike is expected to make an impact on the readymade garment exporters. (Reuters) The proposed strike is expected to make an impact on the readymade garment exporters. (Reuters)

Trade unions affiliated to parties such as the CPI, CPI(M), Congress and the DMK have called for a day-long strike on November 23 to protest against the Centre’s demonetisation scheme in and around Tirupur — the knitwear capital of India. The proposed strike is expected to make an impact on the readymade garment exporters.

Sources told FE that a majority of the exporting units under the Tirupur Exporters’ Association (TEA) are not expected to take part in the strike. However, being a labour-intensive sector, some units are expected to shut their shops to stay clear of any untoward incident, they added.

When contacted, TEA president Raja D Shanmugam accepted that the trade unions affiliated to some known parties have called for a strike, but said it won’t bring any solution to the current imbroglio. “Rather it will hurt those workers who take part in the strike,” he said.

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