Home / Knowledge / News / Textiles / Pak textile bodies demand audit of EOBI, labour funds
Pak textile bodies demand audit of EOBI, labour funds
01
Mar '12
Voicing concerns over inappropriate use of Employees' Old-Age Benefits Institution (EOBI), Social Security and Labour funds for activities other than those meant for welfare of workers, and investment of the same in unessential and non-lucrative areas, textile associations in Pakistan have demanded a transparent third-party audit of these funds.

The demand was made at a joint meeting of Pakistan Hosiery Manufacturers Association, All Pakistan Cotton Power Looms Association, Pakistan Textile Exporters Association, All Pakistan Bedsheet and Upholstery Manufacturers Association, Council of Loom Owners, Pakistan Embroidery Association and Small Power Loom Association.

Mr. Rana Arif Tauseef, who presided as Chairman at the meeting, said making provision for pension, health care, education, monitory and other supplementary benefits and facilities for the industrial workers engaged in the private sectors is the main aim behind institution of EOBI, Social Security and Labour departments.

Each month, these departments collect over PK Rs. 70 million from factory owners in Faisalabad, but these sums were not being used for welfare of workers in the region. Moreover, the Government has not made any contribution to the fund, Mr. Rana said.

Instead, these sums have been utilised by the Government for political purposes, depriving the workers of benefits like old age pension, health and education facilities, he added.

He said that no economy can ever flourish without just and equitable treatment of its human resource, especially as the industrial workforce plays a vital part in a country's economic growth.

Workers in developed countries enjoy all the facilities quite naturally, but no steps were being taken for the welfare of the workers in Pakistan, Mr. Rana said and added that in spite of accumulation of billions of rupees in funds for them, the workers in the country do not enjoy any significant benefits.

Entrepreneurs and industrialists also condemned the fact that they lack proper representation on the board of trustees of these departments.

Fibre2fashion News Desk - India


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

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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