Date:14/08/2004 URL: http://www.thehindu.com/2004/08/14/stories/2004081405491502.htm

Business - Briefly

Small spinners seek assistance

COIMBATORE: The South India Small Spinners' Association has sought relaxation of norms under the Technology Upgradation Fund Scheme. In a release, the association President, R. Chinnaiyan, said mills with less than 12,000 spindles were not now eligible for assistance under the scheme. Small spinners supplied a huge quantity of yarn to the weaving units. In order to help them supply quality yarn, norms with regard to spindleage should be relaxed. This would enable the small-scale spinning units also to avail of assistance under the scheme, he said.

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