A meeting of the Pakistan senate standing committee on commerce and textile held last week at the parliament under its chairman Mirza Muhammad Afridi witnessed briefings regarding the annual review of the budget and its utilisation by the textile division and the relevant rules of procedures.

The committee was informed about the national tariff policy 2019-2024. 

The committee members inquired about reasons behind no rise in textile sector exports. A number of reasons including energy outages, low seed quality, less demand of raw cotton, increased subsidies were cited as reasons for the same. 

A number of measures in the new textile policy and new schemes will address many grievances of the textile sector with a focus on upgradation, both in infrastructure and manpower, the committee was told. 

The committee strongly recommended including representatives of at least two small and medium enterprises on the special taskforce on improving the textile sector, according to the Pakistan senate website. 

It also reiterated the need to bring the cotton research committee back under the control of the textile industry division. 

Published On : 27-03-2019

Source : Fibre 2 Fashion