Chairman of the Southern India Mills’ Association(SIMA),P Nataraj Coimbatore,has welcomed the Union Budget 2019-20 that has laid ambitious targets to address various important issues relating to connectivity; power,skill development,etc.Nataraj has appreciated the announcement of One Nation One Grid power sector tariff and structural reforms.He has stated that the textile industry being the power intensive industry and facing problem of stiff competition in the global market would get greatly benefited with the proposed reforms addressing the barriers like cross subsidy surcharges,undesirable duties on open access and captive power generation.
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