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Rs69,370m proposals: NA Standing Committee on textile okays development projects

byCustoms Today Report
03/03/2015
in Business
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ISLAMABAD: The Standing Committee of National Assembly on Textile Industry, during its 7th meeting, has okayed Public Sector Development Programme (PSDP) budgetary proposals for the year 2015-16 worth Rs69,370 million.

The committee meeting headed by Ghulam Rasool Koreja discussed Faisalabad Garment city phase 2 worth Rs598.5 million, Faisalabad Garment City Training Centre costing Rs60 million and Karachi garment city phase 1, amounting Rs805.119 million.

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The committee also discussed monitoring and management of BT resistance in cotton bollworms project, costing Rs59.822 million , cotton as relay crop in standing wheat for enhancing productivity of cotton and wheat crop estimated at Rs17.190 million, development of management strategies for red and dusky cotton bugs, a Rs 59.928 million project and implementation of cotton standardisation system for the production of high quality standardised clean cotton under Prime Minister’s skill development programme. The project costs around Rs75.160 million.

The continuation of ongoing projects, which are included in PSDP 2014-2015, were also discussed.

The Standing Committee also approved Pak-Korea Garment Technology Training Institute Karachi, strengthening of National Textile University Research Centre, strengthening of research and development Cell, Skill Development Programme for Informal Textile Industry, are running projects which were approved after discussion. The project would provide employment to over 50,000 people.

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