ISLAMABAD: The Standing Committee on Commerce and Textile has recommended PSDP proposals for the Ministry of Commerce and Textile amounting to Rs 25, 626.577 million for the financial year 2018-19.
The standing committee met here with Siraj Muhammad Khan in the chair and was separately apprised about the proposed PSDP of commerce and textile divisions. The additional secretary, commerce division, informed the meeting that the division had proposed allocation of PSDP funds amounting to Rs 8,550 million for financial year 2018-19 for seven projects relating to establishment of new Expo-Centers at Islamabad, Quetta and Faisalabad, expansion/remodeling of Expo-Center at Karachi, provision hostel and transport facility to students at Pakistan Institute of Fashion and Design, Lahore, and an ongoing projects relating to Expo-Center at Peshawar.
Later the secretary, Textile Division, apprised the committee about the proposed PSDP allocation for the project of Textile Division. He informed them that Rs 11,012.372 million had been proposed for five new projects whereas Rs 6,064.205 had been proposed for seven projects which were being resubmitted for approval by the Planning and Development Division.
Apprising the committee about the new projects, the secretary said that those projects related to establishment of National Textile University (NTU) Campus at Quetta, Garment City Project at Karachi, construction of new library at NTU campus at Faisalabad and implementation of system for standardization of high quality cotton.
Apprising about the projects being resubmitted for approval related to PM skill development programs for textile industry and studies for climatic change, recycling of organic wastes, restoration of soil fertility and cost management in cotton production and marketing.
The committee after thorough discussion recommended the entire proposed PSDP of the Ministry for inclusion in Budget for next financial year. The committee expressed satisfaction on the progress/implementation of the committee’s recommendations by the divisions concerned. The committee directed commerce division to expedite the proposed amendment in Pakistan Tobacco Board Act which would ensure supply of registered and certified tobacco seed to the growers.
