Home / Knowledge / News / Textiles / Inadequate information provided via textile policy - PCGA
Inadequate information provided via textile policy - PCGA
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

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Karan Arora
Karan Arora

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

Bani Batra

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

Judy Frater
Somaiya Kala Vidya

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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