The South India Spinners Association (SISPA), in association with Recycle Textile Federation (RTF), organised a panel discussion on “Current Cotton Scenario, Latest Schemes on EPF & New Labour Codes” recently in Coimbatore in which more than 100 members of SISPA and RTF participated.
The sessions were on the cotton scenario, latest updates in Employees’ Provident Fund (EPF), Employees’ State Insurance Corporation (ESIC) schemes, Labour Codes and Factories Act.
The discussions on cotton highlighted the prevailing cotton market situation, including availability, price trends, and quality aspects. The participants were advised to closely monitor arrivals, MSP operations, and market movements while planning procurement strategies.
On the schemes under EPF, the panellists highlighted the recent updates and schemes and provided clarifications on compliance requirements, online processes, and benefits available to employers and employees. On the benefits of the ESIC, including medical coverage and employee welfare measures, the discussions were on the benefits of SPREE and Amnesty Scheme – 2025. The participants received practical guidance on coverage, contribution norms, and claim procedures.
