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Related Keywords: backbone of industry, direct and indirect exporters, discriminative policies, high input cost, imported yarn, indirect traders, Pakistan Weaving Mills Association, Pakistani weaving sector, shortage of cotton, suffering and on the verge of collapse, trading activity, who supply goods to exporters

Pakistani weaving sector, due to the discriminative policies of the government are suffering and almost on the verge of collapse, especially indirect traders who supply goods to the exporters.

According to Asif Siddiq, founding member and patron-in-chief of Pakistan Weaving Mills Association, exporters have been allowed to import yarn at zero percent duty and no income tax and sales tax while the indirect exporters have to pay 15 percent custom duty and one percent income tax.

Related Keywords: CCI, cotton stabilization fund, decline in prices, duty-free access, highlight host of problems faced by industry, hoarded cotton, Market glut, minimal duty advantage, scarce allegedly by MNC, shortage of cotton, shut down twice a week, slowdown of exports, Telangana textile and spinning mills

To highlight the host of problems faced by the industry, including shortage of cotton that was made scarce allegedly by multinational companies, the Telangana textile and spinning mills has decided to shut down twice a week. There are about 33 mills in Telangana following bifurcation and at least 50,000 persons are said to be working in them.