AGL38.15▼ -1.43 (-0.04%)AIRLINK125.07▼ -6.15 (-0.05%)BOP6.85▲ 0.04 (0.01%)CNERGY4.45▼ -0.26 (-0.06%)DCL7.91▼ -0.53 (-0.06%)DFML37.34▼ -4.13 (-0.10%)DGKC77.77▼ -4.32 (-0.05%)FCCL30.58▼ -2.52 (-0.08%)FFBL68.86▼ -4.01 (-0.06%)FFL11.86▼ -0.4 (-0.03%)HUBC104.5▼ -6.24 (-0.06%)HUMNL13.49▼ -1.02 (-0.07%)KEL4.65▼ -0.54 (-0.10%)KOSM7.17▼ -0.44 (-0.06%)MLCF36.44▼ -2.46 (-0.06%)NBP65.92▲ 1.91 (0.03%)OGDC179.53▼ -13.29 (-0.07%)PAEL24.43▼ -1.25 (-0.05%)PIBTL7.15▼ -0.19 (-0.03%)PPL143.7▼ -10.37 (-0.07%)PRL24.32▼ -1.51 (-0.06%)PTC16.4▼ -1.41 (-0.08%)SEARL78.57▼ -3.73 (-0.05%)TELE7.22▼ -0.54 (-0.07%)TOMCL31.97▼ -1.49 (-0.04%)TPLP8.13▼ -0.36 (-0.04%)TREET16.13▼ -0.49 (-0.03%)TRG54.66▼ -2.74 (-0.05%)UNITY27.5▼ -0.01 (0.00%)WTL1.29▼ -0.08 (-0.06%)

Govt working to revive textile industry via relief package: Razak

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

Staff Reporter

Islamabad

Adviser to Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood has said that as per demands of the textile sector, the federal government was working to revive the textile industry through relief package.
Talking to Radio Pakistan here, Abdul Razak Dawood said that under the leadership of Prime Minister Imran Khan, the government was making all out efforts to pass on the benefits of reduced oil prices in international market to public as well.
He said that despite the huge challenge of debt, the prime minister preferred to provide relief to people who are suffering from lockdown restrictions.
PTI government has introduced the biggest stimulus package in the history of the country to help the nation in this difficult time amid coronavirus pandemic, the adviser said.
He said just one programme was not sufficient to help all segments of the society, therefore the government was introducing multiple programmes to assist all sectors.
Abdul Razak Dawood further stated that an amount of 144 billion rupees was earmarked under the Ehsaas programme to help poor and needy people and the amount was being disbursed in a transparent manner across the country.
To provide instant relief to small and medium enterprises the government would pay their three-month electricity bills, he said and added that under another programme the unemployed labourers would be provided with cash benefits and for this purpose Rs75 billion have been set aside.
The PM’s Advisor said that to support the informal workers of the country, some other programmes would be introduced within next few days.
He said under digitization policy of the government, to encourage the IT sector in the country, mobile phone prices would also be reduced.
To a question, Abdul Razak Dawood replied the government resorted to IMF just for a bailout package and he wished that this would be their last package with the Fund.
He said a programme was being launched to assist the people who have been laid off from their jobs under which funds will be provided directly to the employers to help them pay the salaries of their employees.

Related Posts

Get Alerts