OUR STAFF REPORTER
KARACHI

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Shaikh Mohammad Shafiq has said that government has not given any price cushion to the consumers for many months despite the fact that oil prices have been falling constantly and currently it is as low as $30 per barrel now.
He said the government should take drastic steps for enhancing exports and addressing the problems of industrial sector on top priority basis.
Despite certain hurdles, the business community engaged with readymade garments was making strenuous efforts for enhancing the export in the larger national interests and provided huge employment in this sector, he said.
However it’s a drop in the Ocean the value added export oriented industrial sector of the country has still urged the authorities responsible for the implementation of the power tariff cut to ensure deduction of Rs 3 per unit for industries, as announced by Prime Minister Nawaz Sharif.
He further said that garment exporters’ complain of delays in sales tax refunds. Facing a liquidity crunch they reiterated the demand of zero rating for the textile sector. Without zero rating facility industry could not survive, he added.