Our Staff reporter FAISALABAD - Pakistan Textile Exporters Association (PTEA) has demanded urgent release of funds by the Government for disbursal of local taxes drawback pending claims and custom duty drawback cases. Talking to newsmen here today after executive members meeting, Wasim Latif, Chairman and Adil Manzoor Ellahi, Vice Chairman said that huge funds of textile exporters capital have been stuck up in two drawback regimes over the last two years. Elaborating they said, the local taxes drawback scheme was initiated two years back to boost national exports and the results are visible in export sector performance over the last two years. Exports for the year 2009-10 rose to $19 billion plus from $17 billion in preceding year and to $24.8 billion in fiscal ending 30th June, Showing an increase of 28.7pc which clearly substantiates the argument that if the exporters are facilitated they would produce good results. However, unfortunately, the obvious lesson has not been driven home and necessary funds were not provided for drawback claims. Explaining, PTEA leaders pointed out that the textile ministry requested Rs. 40 billion for drawback scheme in year 2009 but the Government doled out only Rs 7.5 billion. Similarly against requisition of Rs 45 billion in year 2010-11, the Government allowed only Rs 9.2 billion. Resultantly local taxes drawback claims to textile exporters were paid by ratio of 67pc in 2009-10 and only 14.67pc in 2010-11. Thus the exporters funds were blocked. Furthermore the funds for custom duty drawback are also not being released by the Government without any reason, they said. The held up amounts of exporters funds under the above two heads have created financial crunch for the exporters.