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Pakistan pays Rs 25.7 billion to the textile sector to enhance capacity

The Pakistan government has paid Rs 25.7 billion to the textile sector under the first phase of Prime Minister’s Trade Enhancement Package. Out of the total amount, Rs. 2.6 billion was disbursed in first two months during Phase II from July 1 to August 31 2018. The government planned to expand coverage areas under the Trade Enhancement Package to remaining industrial sectors including pharmaceuticals. It would also reduce the cost of doing business in the country.

The Ministry of Commerce and Textile had assured payments through Prime Minister’s Trade Enhancement Package to the textile sector by February 2019 to enhance the country’s exports.The government also relaxed import of textile machinery for modernisation and enhancing the capacity of the sector. It gave priority to facilitating the textile sector and helping it gain competitiveness in order to enhance the country’s exports. It is offering multiple training courses focusing on different areas of textile sector to enhance worker capacity.

Garments, fashion, apparel design, cutting for lingerie making, line supervisory skills and knitting machine operators training are various areas on which capacity building courses are being offered. The main objective of this training program is provision of skilled workforce to make textile industry more competitive. The ministry will cover the costs incurred in the areas of trainee stipend, trainer’s salary, raw material cost, social mobilisation, evaluation cost, certificate printing and distribution.