Steps Being Taken To Increase Exports: Secretary Textile Industry

Steps being taken to increase exports: secretary textile industry

MULTAN, (Pakistan Point News - APP - 10th Nov, 2016 ) : Federal secretary textile industry Hassan Iqbal said on Thursday that the government was closely monitoring the situation regarding export volume and earnings and practical steps were being taken to improve the situation. He said this while addressing a ceremony, organised in his honour by All Pakistan Bedsheet and Upholestry Manufacturers Association (APBUMA) here. Hassan Iqbal said that textiles and related sectors contribute over 55 per cent to the national exports and government was paying full attention to this sector.

A realisation was there in the government that improving and facilitating textile, SMEs and cottage industry was imperative to expand relations with foreign buyers in the international markets and enhance export earnings, he said. He said that the ministry was in contact with the ministries of finance and commerce and FBR to get the problems of textile and allied sectors resolved. And, most of the issues have been brought to the notice of Prime Minister and it can be hoped that these would be resolved soon.

He said that unfortunately proper tax culture could not be nurtured in the country. He said that tax collection was mandatory for governance and laid stress on giving honour and due respect to taxpayers. Hassan Iqbal said that situation would improve with the passage of time in performance of tax departments and tendency of the people towards paying taxes. Vice Chancellor, Bahauddin Zakariya University (BZU) Multan Prof. Dr. Tahir Amin said that textile industry needs immediate attention of the government adding that this sector must be supported for modernisation.

He said that Pakistan need to work harder to secure its proper place on the world economic map. APBUMA Chairman Khawaja Muhammad Younis, former president Syed Alam Shah, and other industrialists also spoke on the occasion. They demanded that textile exports be declared zero rated, inclusion of an officer of textile ministry in the board of governors of textile college Multan, and immediate payment of claims of 75 per cent subsidy on export samples tests.