Home / Knowledge / News / Textiles / 'New textile policy will be flawless & comprehensive' – Textiles Minister
'New textile policy will be flawless & comprehensive' – Textiles Minister
21
Feb '09
Mr Rana Muhammad Farooq Saeed Khan
Mr Rana Muhammad Farooq Saeed Khan
The government has been organizing a series of seminars across the country in order to get relevant feedback, which will culminate in to a final seminar at the residence of the President, Mr Zardari. The purpose of this exercise is to understand the problems of the textile sector and submit recommendations to draft a comprehensive textile policy.

This was revealed by the Federal Minister of Textiles, Mr Khan at Lahore while addressing stake holders from the textile industry of the province at a seminar. This seminar will be followed by others at Faisalabad, Multan and Sialkot. The earlier ones were held in Karachi and Hyderabad, with the final one at the President's residence.

He said that the government would sympathetically reconsider the demands from the industry, including the one to abolish refundable taxes. He said he was positive that the industry would come through the crisis, but was worried about the liquidity position of the banks if this crisis continued for long as was expected.

He advised the exporters from the sector to explore new markets and also keep Russia on their radars as that country was the least to be affected from the current ongoing crisis. Trade body chiefs from the spinning, weaving and hosiery sectors also put up their set of demands in order to get relief measures from the textile policy.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Eamonn Tighe
Nature Works LLC

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

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

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

news category


Related Categories:
March 2017

March 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