Home / Knowledge / News / Textiles / Pak govt releases funds for textile Mark Up Support scheme
Pak govt releases funds for textile Mark Up Support scheme
05
Apr '14
Pakistan’s Ministry of Textile Industry has released funds to make payments during the current financial year under Export Finance Mark-Up Rate Facility and Mark up Rate Support for Textile Sector against Long Term Loans. 
 
The funds have been released for payment of 100 percent Export Finance Mark-up Rate Facility for the period from September 1, 2010 to February 28, 2011, and for payment of 100 percent Mark up Rate Support for Textile Sector against Long Term Loans for the period from March 1, 2011 to March 31, 2011, a circular letter issued by the State Bank of Pakistan (SBP) said.
 
Accordingly, the SBP has asked banks and development financial institutions (DFIs) to lodge separate claims for Mark up Supports under above schemes of the Government of Pakistan, for the period mentioned, keeping in view the terms and conditions of each Scheme.
 
Duly completed claims on prescribed formats are to be submitted at the concerned offices of SBP-BSC (Bank) on or before May 07, 2014.
 
However, each claim needs to be accompanied with a duly attested copy of valid registration certificate of the Ministry of Textile Industry.
 
In this regard, the Ministry has also issued the list of textile units registered with it.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search