Monday, June 10, 2019

SAFTA

Bangladesh(BD) buys cotton from India.
Cotton Travels from Rajkot to Dhaka

Bangladesh buys yarn from India.
Yarn Travels from Coimbatore to Dhaka

Bangladesh buys chemicals from India.
Chemicals Travels from Ankleshwar to Dhaka

Bangladesh imports Machineries.
India has TUFS and subsidies at State and Centre level

Bangladesh does incur Power cost.
Bangladesh does incur Manpower cost but lower

Bangladesh Sells Garments to India at much much lesser price
Garments Travel to Kolkotta, Mumbai, Delhi, Chennai


Indian Mills make losses
Several jobs have been lost
TUF become meaningless


Mathematics does not work
Logics failed to understand

It is a magic called SAFTA(South Asian Free Trade Agreement)

Is it not an opportunity?
In future India can make trade agreements
Reverse way with all countries like Bangladesh did


So that our Employement in Textile Industry,
Equivalent to Bangladesh population
Will Prosper

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