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Five-year textile policy: Facilities worth Rs950 billion proposed
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Policy has been formulated to reduce the input cost of the textile and clothing sector.
ISLAMABAD (Dunya News) – Facilities/incentives of around Rs950 billion including provision of electricity to the sector at 7.5 cents/kWh have been proposed under new five-year textile policy.
According to sources, under the draft of five-year textile policy, the target of textile exports by 2025 has been set at $20.8 billion by the government.
The policy also recommended provision of RLNG at $6.5 per mmBtu; and domestic gas at Rs786 per mmBtu.
The impact of electricity at cents 7.5/kWh is estimated to be Rs250 billion; RLNG Rs111 billion and DLTL for textiles and apparel products Rs400 billion. ....

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