Home / Knowledge / News / Textiles / Committee to solve gas shortage for Punjab textile sector
Committee to solve gas shortage for Punjab textile sector
17
Nov '14
Pakistan’s Prime Minister Nawaz Sharif has constituted a Committee, under the chairmanship of Federal Minister for Finance Muhammad Ishaq Dar, for finalizing proposals for settlement of the issue of gas shortage for textile industry in Punjab during winter months.
 
The new committee has been constituted soon after the Government temporarily suspended the gas load management plan for the textile units in the Punjab province.
 
“The Committee has been tasked to propose mechanisms for sustainable gas supply to textile industry of Punjab in winter months, for addressing low pressure of gas for industry in Punjab and for resolution of any other relevant issue,” an official statement said.
 
The Committee shall initiate work immediately and shall submit its report on urgent basis.
 
Minister for Textile Industry Abbas Khan Afridi, Minister for Water & Power Khwaja Muhammad Asif, and Minister for Petroleum & Natural Resources Shahid Khaqan Abbasi are among the members of the Committee. In addition, representatives of textile industry identified by government of Punjab would also be included in the committee along with any other member co-opted by the chairman.
 
Last week, the decision to suspend the gas load management plan for the textile units in Punjab province was taken after a delegation of All Pakistan Textile Mills Association (APTMA) and other textile related representatives met Finance Minister Dar.
 
During the meeting, the APTMA delegation apprised the Minister that the textile units in Punjab were facing a difficult situation due to shortage of gas and the impending gas-shedding plan which had been implemented ahead of schedule.
 
The delegation said that although some textile units were only using electricity, a majority of units were depended on gas to remain competitive with neighbouring countries. Hence, suspension of gas supply from November till March would starve the textile industry resulting in huge decline in export earnings.
 
In the first quarter of fiscal year 2014-15 that began on July 1, Pakistan’s exports of textiles and garments declined marginally by 3.99 per cent year-on-year to US$ 3.417 billion according to the Pakistan Bureau of Statistics. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

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

Wendell Rodricks
Wendell Rodricks

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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