New Delhi, Apr 20: Apparel Export Promotion Council (AEPC) on Monday requested the Government to pay the wages of workers engaged in the Apparel Exporting industry for April and May to bail out the sector which is nearing a collapse in the wake of COVID-19 pandemic.
In a letter written to Prime Minister Narendra Modi, AEPC chairman A Sakthivel said, ''We humbly wish to inform that we are not in a position to pay wages for the months of April and May despite our best intentions, as there is absolutely no production and no revenue stream,'' adding that the industry cleared all wages for March dutifully following the Prime Minister’s request.
He said that the Government can pay wages from the funds available in the Atal Bimit Vyakti Kalyan Yojana (ABVKY) Scheme, which has, as understood, huge reserves of about Rs 91,000 crore contributed by employees and employers, according to a statement here.
Sakthivel said the apparel exporting industry, which is the largest employer after agriculture, has been very badly impacted due to Covid-19 as principal export markets of the US and Europe have been under lockdown since the past several weeks. The sector urgently needs a big stimulus package from the government, he said.(UNI)