Home / Knowledge / News / Textiles / PM relief package includes textile sector in Khyber Pakhtunkhwa
PM relief package includes textile sector in Khyber Pakhtunkhwa
06
Sep '10
The Federal Government recently has declared that, whole of the textile sector in the Khyber Pakhtunkhwa's (KP)will now be covered under the Prime Minister's Fiscal Relief Package announced for the rehabilitation of the economy in FATA, PATA and KP, regions.

The State Bank of Pakistan (SBP) circular issued recently states that, the Federal Government has amended its Fiscal Relief Package for Khyber Pakhtunkhwa, FATA and PATA to some extent, and pursuant to the same, now even the textile sector stands eligible to receive the mark-up rate subsidy on business loans taken during the period from January to June 2010.

Meanwhile, Ministry of Finance also has released sum from the budgetary allocation to pay out the mark-up rate differential on the current loans of the textile sector of KP.

Both the packages namely, Khyber Pakhtunkhwa Package and the National Textile Policy Package will be run concurrently and whole of the value chain of textiles in Khyber Pakhtunkhwa will have an option to chose either of them, while leaving out the other.

As the Khyber Pakhtunkhwa Package runs out at the end of two years, the textiles value-chain in Khyber Pakhtunkhwa would enjoy the benefits of the National Textile Policy further for two years duration, as stipulated in the National Textile Policy.

Fibre2fashion News Desk - India


Must ReadView All

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Surat traders want extension of deadline for e-way bills

Textiles | On 20th Jan 2018

Surat traders want extension of deadline for e-way bills

Textile traders in Surat have sought extension of the online e-way...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Subhashini Srinivasan
The S Studio

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

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Kerem Durdag
Biovation II LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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