FAISALABAD: The federal government has released Rs 3 billion for immediate payment of refund claims to textile exporters whereas more funds are being arranged to resolve the issue completely, said Hasan Iqbal, Federal Secretary for Textile Industry.
Addressing a meeting of Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) here on Monday, he highlighted the importance of textile sector and said the government was fully aware of its problems. He said that textile sector was not only playing a dynamic role in strengthening national economy but it is also providing job opportunities to millions of people. Therefore, sincere efforts are being made to resolve its genuine issues on permanent basis. He said that zero rating facility was available on textile machinery. “If you are facing some other problems in this connection, then you should inform me in writing and I will try optimum to resolve the same on priority basis”, he assured.
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The secretary said that textile sector was very important for national economy. Therefore, we are striving hard to provide maximum facilities to this sector. He said that textile sector was based on 12 sub sectors. Therefore, we have to contact with various departments including ministry of finance, ministry of water and power, OGRA, NEPRA, etc. for redressal of the problems. “I do not believe the report of all is good, but I always prefer to look into achievements and failures”, he added.
Hasan Iqbal said that the government was fully concentrating on textile industry. That’s why new industries are being established in Pakistan besides providing them cheap electricity round the clock.Earlier, Senior Vice Chairman PHMEA Muhammad Amjad Khawaja in his welcome address highlighted various issues and problems being faced by textile sector and appealed to resolve the same on war-footings.
