Home / Knowledge / News / Textiles / Allocate Rs 60bn for exports in Budget: PRGMEA to Govt
Allocate Rs 60bn for exports in Budget: PRGMEA to Govt
25
May '17
In a bid to improve the exports of Pakistan textile industry, the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has appealed Pakistan government for allocation of Rs 60 billion in the federal budget for 2017-18 to be presented on 26th May 2017. Further, it has also requested for discharge of pending benefits of the exporters.

The urge for distribution of Rs 60 billion has been made under an incentive package worth Rs 180 billion that was approved by Pakistan prime minister Nawaz Sharif in January this year for exports. The incentive package had helped initiate growth in the exports of value-added textile industry despite drop in the exports of other sectors, said PRGMEA chairman Ijaz Khokhar in a statement.

"The government must discourage exports of raw material to facilitate the value-added textile and apparel sector, which ranks as the largest employment generator in the country," said Sharif adding that focus should be on generating employment in the country. "At the same time, raw material exports must be dis-incentivised as they take jobs away from our country and create them in competing countries where they export raw material," he added. (RR)   

Fibre2Fashion News Desk – India


Must ReadView All

UK, EU agree to take more time for Brexit deal

Textiles | On 19th Oct 2018

UK, EU agree to take more time for Brexit deal

After an ongoing Brexit summit produced no tangible results, European ...

Courtesy: Pexels

Textiles | On 19th Oct 2018

US announces intent for trade deals with Japan, EU, UK

US Trade Representative Robert Lighthizer recently notified the...

Courtesy: Turtle Limited

Fashion | On 19th Oct 2018

'We are trying to imbibe multi-utility factor in menswear'

Turtle Limited, a leading Indian brand in menswear fashion, is trying ...

Interviews View All

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Vidhyaa Shankar. S, A Ganapathi Chettiar

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

Riddhi Jain,

Riddhi Jain

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

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search