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Textile Sector

Textile Policy 2009-14 : MinTex achieved only 22% of textile sector uplift target in 3 years

Ministry of Finance, Planning Commission not releasing funds November 20, 2012 By Razi Syed KARACHI: The Ministry of Textile (MinTex) could only manage to achieve 22 percent of its targets for the development of textile sector in the country during the last three years. The implementation of the Textile Policy 2009-14 was facing shortage of funds and against a total allocation of Rs 123 billion, Ministry of Finance (MoF) has only released Rs 24 billion (20 percent) of…

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