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APBUMA hails budget allocations for textile sector.

MULTAN -- Former chairman all Pakistan bedsheets and upholstery manufacturers association Muhammad Asim lauded different privileges announced by the government in the federal budget 2014-15 to provide relief to textile sector.

In a statement, he said that two years extension in Statutory Regulatory Order (SRO) by Finance Minister, would surely help import of textile duty free machinery. He also lauded the step of working on re-fund claims within period of three months 2014 would also facilitate exporters.

Asim also stressed the government to work on energy crisis as it was hampering enhancement in exports. He said that earmarking of Rs 40.5 billion for launching of vocational training to impart skills to 120,000 women would also add more experts to textile sector. He maintained that such steps of the government would also reduce unemployment from the country.
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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Jun 23, 2014
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