Afridi hints at new textile policy after Eid

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Federal Minister for Textile and Industries Abbas Khan Afridi said on Monday that the government was preparing new textile policy which would be announced after Eidul Azha.

Talking to media after addressing the annual general meeting of All Pakistan Textile Processing Mills Association, he said that new textile policy would, however, be implemented in the next financial year. The policy, he added, entailed huge benefits and employment opportunities for the people attached to this export-oriented sector.

The minister said the government was also working on the import of LNG (Liquefied Natural Gas), and it would be made available to CNG (Compressed Natural Gas) sector by February 2015.

To a question, Afridi said 56 companies had made investment in the oil and gas exploration sector that would help control the shortage of these sources of energy in Pakistan.

To another question, the federal minister said that sit-ins were political right of the parties but these should not affect the country’s economy and image, while the speeches at the sit-ins should not hurt the sentiments of others.

Earlier at the meeting, the federal minister assured the millers that he would not let the gas supply to be closed for Punjab industry during winter so as to intact the livelihood of the industrial labourers. He stressed the need for finding solutions for problems as a nation by setting aside the individual/personal interests, citing that ad hoc policies would not work to settle down the issues which needed long-term planning.