货币停止流通使得纺织企业解雇1万名工人

Demonetisation: Textile firms lay off 10,000 workers

The textile industry has laid off over 10,000 workers and units were forced to stay shut for up to four days in a week due to the liquidity crunch following the demonetisation of Rs 500 and Rs 1,000 currency notes, according to the Amritsar Textile Processor Association (ATPA). The production at processing units in Amritsar reduced to 25 per cent.

The textile sector was labour intensive, and close to 40 processing units in Amritsar help sustain over 700 warp knitting and textile weaving units in the region, said Krishna Kumar Sharma, president of ATPA, while addressing the media.

The shortage of the new currency notes, so many days after demonetisation is a management failure on the part of the Centre, said Sharma. He urged the government to ease the limitations imposed on the withdrawals of money from savings and current accounts.

Cash crunch has resulted in industries staying shut for four days a week and demonetisation has majorly affected MSME and small scale units by delivering their resourced to large-scale corporates, said Kamal Dalmia, president of Focal Point Industries Welfare Association.

译文如下：

货币停止流通使得纺织企业解雇1万名工人

纺织行业已经解雇了1万名工人，单位被迫一周关闭四天，由于500面额和1000面额纸币停止流通出现的流动性紧缩,根据阿姆利则纺织处理协会(ATPA)。阿姆利则的生产和加工单元减少到25%。

纺织行业是劳动密集型行业, 阿姆利则接近40家加工单元有助于维持该地区700家经编纺织织造单位, ATPA总统Krishna Kumar Sharma对媒体说。

新货币的短缺,在货币停止流通后的很多天中央管理失败,Sharma说。他敦促政府缓解限制从储蓄和往来账户中的资金取款。

现金短缺导致行业保持一周关闭四天，货币停止流通主要影响MSME和小规模企业，焦点行业福利协会主席Kamal Dalmia说。