Home / Knowledge / News / Apparel/Garments / PRGMEA Chairman urges govt to implement pro-textile policies
PRGMEA Chairman urges govt to implement pro-textile policies
19
Jul '11
Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) North Zone Mubashar Naseer said Monday that factors like a shift in orders from increasing costly China, much-likely trade concessions from the European Union and the recovery in the world economy demand a pro-textile industry approach of the government policymakers.

He was addressing the Executive Committee members of PRGMEA North Zone on his return from abroad.

Chairman PRGMEA said the woven garment industry is Bangladesh has registered 42 percent growth in exports this year due to the factors. The Pakistan woven garment industry exports have also leapt about 40 percent during 2010-11 and more is very much likely subject to the friendly attitude of government policymakers, he added.

According to him, the government should release drawbacks of the value sector under the 'Drawback on Taxes and Levies Order, 2009 Scheme', commonly known as DLTL scheme. Also, he stressed in the same breath that continuation of DLTL Scheme during 2011-12 to sustain growth in country's exports should also be ensured by the concerned policymakers.

It may be noted that for the first time in the country's history that the Government came out with a textile policy, proposing to sanction drawbacks worth Rs 17 billion for 2009-10 fiscal and Rs 27 billion for the 2010-11 fiscal.

The former Finance Minister Shaukat Tarin and Ex-Minister for Textile Industry Rana Muhammad Farooq Saeed Khan had given assurance on several occasions that the DLTL Scheme would not be withdrawn before the expiry of the Textile Policy 2009-2014. However, these promises have not been kept and this has belied the trust of the exporters. Also, it has made it impossible for the exporters, who are struggling to attain the export target of US$ 25 billion, to withstand competition in the world market. The textile export target of US$ 25 billion has been fixed by the Ministry of Textiles and is to be achieved by 2014.

Chairman PRGMEA North Zone said the government has so far paid only 14 percent against the claims for 2009-11 while deferring rest of the claims. He said the value added exports registered an increase in exports by 32 percent in value terms and 36 percent in volume terms.

Mubashir feared that fresh orders from the foreign buyers may be shifted to Bangladesh and China in case the government does not come up with an incentive to attract the buyers. A discontinuity of the 'Drawback on Taxes and Levies Order, 2009 Scheme' is not in the interest of the value industry, he added.

Chairman PRGMEA North Zone said only a proactive and friendly approach of Ministry of Finance, Ministry of Commerce and Ministry of Textile Industry should avail international market environment conducive to growth of woven garment industry ahead and facilitate the exporters by all means and ways. Otherwise, he feared, the Bangladesh woven industry would replace Pakistan in exports of woven garment soon.

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA)


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Top executives
Textile industry

The foremost issue is bridging the skill gap

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search