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CMAI CAPSULE FOR AUGUST 2021

Latest News CMAI Capsule for August 2021 RENEWAL OF MEMBERSHIP SUBSCRIPTION WITH THE ASSOCIATION The Secretariat has sent a Reminder–I to those Members whose Membership Subscriptions were on Arrears on July 1, 2021. Members were advised that they can avail the Benefit of Renewing the Membership Subscription for 1 / 3 / or 5 years....

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MALLS IN INDIA TO BOUNCE BACK STRONGER POST SECOND WAVE

The second wave of COVID-19 has caused losses worth crores of rupees to shopping malls across India. They were able to operate at full capacity for only four months since March 2020. Multiplexes located within malls too have either shut down or running at low capacity since the start of the pandemic. Shopping malls in...

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HOW NEW NATIONAL RETAIL POLICY WILL HELP IN GROWTH AND DEVELOPMENT OF INDIAN RETAIL SECTOR

India is the second-most populous country with a middle class that exceeds the total population of Europe. It is also home to the world’s largest young population. This means the potential of high-demand generation, especially in the retail sector. The Indian retail sector is already one of the largest in the world, estimated at almost...

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MENSWEAR IN INDIA IS HAVING A MOMENT

The Indian menswear market has long been dominated by occasion wear and formal wear. But there seems to be a new wave of interest building in homegrown labels creating contemporary clothing that doesn’t slot into either of the above. TO READ MORE: https://www.gqindia.com/look-good/content/menswear-in-india-is-having-a-moment?fbclid=IwAR1RBikrtUr2zIoPvdLQKJmf9MWbqiUxCU2AYVfuVCA98rhsloH7wE-zy-c

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CONTINUED CLOSURE OF MALLS IN MAHARASHTRA A BIG BLOW TO BUSINESS, EMPLOYMENT: RAI

Retailers Association of India (RAI) on Thursday said that the continued closure of malls in Maharashtra due to COVID-19 pandemic is a big blow to business and lakhs of people working there. TO READ MORE: https://retail.economictimes.indiatimes.com/news/food-entertainment/entertainment/continued-closure-of-malls-in-maharashtra-a-big-blow-to-business-employment-rai/85090438

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Cir No. 40 / L-1 / 2021 – MINIMUM WAGES & SPECIAL ALLOWANCE PAYABLE TO THE WORKMEN IN THE GARMENT INDUSTRY IN MAHARASHTRA FOR THE PERIOD 01-07-2021 to 31-12-2021

Circulars Cir No. 40 / L-1 / 2021 Cir No. 40 / L-1 / 20219th August 2021 TO ALL MEMBERS IN MUMBAI AND MAHARASHTRA: Dear Sir, This is to inform all Members in Mumbai and Maharashtra that the Minimum Wages Payable to the Workmen in the Readymade Garment Industry in Maharashtra, for the period 01-07-2021 to...

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Cir No. 39 / M-3 / 2021 – ACTIVITIES OF THE ASSOCIATION FOR THE MONTH OF JULY 2021

Circulars Cir No. 39 / M-3 / 2021 Cir No. 39 / M-3 / 202131st July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, Please find enclosed herewith a brief overview of the Activities we were able to accomplish during the month of July 2021. Of course, there were a few which we began...

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Cir No. 38 / F-11 / 2021 – KEY PROVISIONS OF FACTORING REGULATIONS (AMENDMENT) BILL, 2021

Circulars Cir No. 38 / F-11 / 2021 Cir No. 38 / F-11 / 202131st July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Member, The Parliament recently passed the Factoring Regulation (Amendment) Bill, 2021 to assist MSME cash-flow Management on 27th July 2021. The Factoring Regulation (Amendment) Bill, 2020 was introduced in Lok Sabha on...

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Cir No. 37 / M-25 / 2021 – IMPORTANT CIRCULAR – CHANGES IN MARKET ACCESS INITIATIVE SCHEME.

Circulars Cir No. 37 / M-25 / 2021 Cir No. 37 / M-25 / 202128th July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Member, We are attaching herewith the revised Market Access Initiative Scheme 2021, which sees quite a few very beneficial changes in the Scheme. For ease of reference, we are highlighting the...

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Cir No. 36 / 73rd NGF / 2021 – 73RD NATIONAL GARMENT FAIR FROM 2ND -5TH AUGUST 2021

Circulars Cir No. 36 / 73rd NGF / 2021 Cir No. 36 / 73rd NGF / 202123rd July 2021 Dear Dealer, The last few days have seen some unfounded and baseless Rumours going around that the 73rdNational Garment Fair has been cancelled. I REQUEST YOU NOT TO BELIEVE THESE RUMOURS. THE 73RDNATIONAL GARMENT FAIR (...

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