The State government has been taking all measures to redress the concerns of industries over the steep hike in the prices of cotton and yarn, Chief Minister M.K. Stalin said on Thursday.
During a meeting with heads of various industry associations here, he said: “Due to the unprecedented price hike of raw materials, many industries [in western districts] are unable to continue their operations. Having realised the seriousness of this, I have already written letters to the Prime Minister and the Union Ministers concerned,” he said.
The Chief Minister added that a delegation of MPs led by DMK MP Kanimozhi had met Union Finance Minister Nirmala Sitharaman and Union Textiles Minister Piyush Goyal on Wednesday. He too had spoken to Mr. Goyal over phone on this issue.
