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Related Keywords: attempt to safeguard interest of textile manufacturers, cotton imports, incentives for cotton import, make produce less appealing, Ministry of Textile Industry, opposed restoration of duty, Pakistan cotton demand, reflecting shortage of cotton bales, this move will affect farmers

The Ministry of Textile Industry in an attempt to safeguard the interest of textile manufacturers, has opposed the restoration of duty on cotton imports but this move will affect farmers, as incentives for cotton import will make their produce less appealing.

In the last fiscal year, the agriculture sector performed below par because of lack of interest on the part of government, which is considered pro-industry.

Related Keywords: adopting innovative crop technologies, boost local crop production, compared to the arrival during the same month last year, during the first week of February, Ministry of Textile Industry, Pakistan Cotton Crop Committee, Pakistan local cotton markets, witnessed increase in cotton arrival

Pakistan local cotton markets witnessed about 10.63 percent increase in cotton arrival during the first week of February 2017 as compared to the arrival of 9.612 million bales during the same month last year, an official in the ministry of textile industry said on Friday.

By February 1, 2017 cotton arrival from Punjab witnessed 16.94 percent increase, as over 6.849 million cotton bales arrived in the market. He said that crop arrival from Sindh was recorded at over 3.784 million bales, registering an increase of 0.79 percent as compared to the same period last year.

Related Keywords: cotton an agricultural corp, hand over its cotton wing, implementation of policies, Ministry of Textile Industry, much relevance to agricultural sector, Pakistan food security ministry, rejected the proposal, remain assoicated, seek to take back control of cotton department, sharp fall in cotton production, smooth coordination with provinces

The Pakistan food security ministry is seeking to take back control of the cotton department on the grounds that it has much relevance to the agricultural sector. Cotton was and agricultural crop and like other cash crops, its affairs must be handled by the food ministry for smooth coordination with provinces and implementation of policies. But the Ministry of Textile Industry has flatly rejected a proposal for handing over its cotton wing, stating that the department should remain associated with it.

Related Keywords: bedwear, cotton cloth export, in month of August, knitwear garment, major textile items, Ministry of Textile Industry, Pakistan textile export, PRGMA, readymade garment, registered an increase, relief package, towels

Pakistan textile exports registered an increase of 11.2 percent, a $1.11 billion in the month of August 2015 as compared to $998 million during the same period of 2014, as per data released by the Ministry of Textile Industry. According to data except cotton yarn all major textile items registered significant increase in the month of August with respect to quantity and value as well.

Related Keywords: Committee on Restructuring, Federal Minister for Finance, Ministry of Textile Industry, Pakistan fourth largest cotton producer, recommend merger of textile and commerce ministries, signal a strong denial, value added textile export sector, value-added textile export associations

The Federal Minister for Finance Senator Muhammad Ishaq Dar chaired the Committee on Restructuring (CCoR) held on March 27th, 2015 recommending the merger of the textile and commerce ministries.

The letter proposed regarding the same quoted that the Ministry of Textile Industry was established on the ethical demand of the value added textile export sector - the backbone and lifeline of our nation’s economy, which exports 54.63 percent of the total nation’s exports and generates 42 percent of the total employment including male and female workers.

Related Keywords: aggressive Indian marketing, All Pakistan Textile Mills Association, APTMA, India to Pakistan, international textile arena, massive subsidies, Ministry of Textile Industry, yarn import

All Pakistan Textile Mills Association (APTMA) has approached the Ministry of Textile Industry to take consequent and reciprocal measures by providing level playing field to compete with the international market place and immediately impose safeguard measures on import of Indian yarn into Pakistani commerce to stop the attrition of competitiveness of domestic textile industry.

Related Keywords: energy crisis, export target, long term initiative, Ministry of Textile Industry, new textile policy, Pakistan textile industry, Pakistan textile policy 2009-14, short term support action, Textile production, value addition, yarn production

The Pakistan Textile Policy 2009-14 has failed bleakly to achieve its target of doubling exports of the country’s textile industry. The plan comprised short-term support actions and long-term initiatives aimed at promoting value addition on a wider scale.

When the policy was unveiled, textile exports were touching $12 billion in 2009-10. Fast forward to 2012-13, the figure went up slightly at around $13 billion. However, the shipments were nowhere near the target of $25 billion.

The textile industry has an 8% share in the gross domestic product (GDP) of the country.