Home / Knowledge / News / Textiles / Inadequate information provided via textile policy - PCGA
Inadequate information provided via textile policy - PCGA
07
Aug '10
All efforts on part of the Ministry of Textiles, to justify before the stakeholders as to how the sum of Rs 40 billion of the Export Support Development Fund (ESDF) will be used for the sector's advantage, have failed.

The textile policy provides no elucidations on employment of these development funds, as also there is no specification on the sub sector-wise allocation and mechanism for fixing yarn prices where there are oscillations in markets worldwide, said Rana Abdul Sattar, Member of the Sindh Assembly and Patron-in-Chief of the Pakistan Cotton Ginners Association (PCGA).

He divulged that, the Ministry individually devised the policy on solitary basis without even referring to all the stakeholders of the textile industry like spinning, weaving, yarn, ginning and downstream value-added sector.

Rana advocated that the Textile Ministry should in collaboration with all the stakeholders; formulate a new textile policy, which will be effective for the next three years. This is mainly to ensure that all the stakeholders of the sector faithfully proceed in their work and could boost up the production as also the exports.

Another expert even opined that, the lowly policy of the Textile Ministry has brought down the exports volume from 65 to 55 percent in just two years. Where around $5-6 billion were invested for developing the infrastructure of the textile manufacturing sector, yarn exports contributed just $1 billion to the overall textile exports worth $10.46 billion, during 2009.

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

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Eamonn Tighe
Nature Works LLC

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

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

Robert Brunner
Devereux

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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