| PCFAMEA demands additional Rs 80
million funds Pakistan Cotton Fashion
Apparel Manufacturers & Exporters Association (PCFAMEA) has demanded
of the Government to provide additional funds of Rs 80 million in
order to develop the 'garment skill development schools' that were
being established with a total cost of Rs 96 million, being
facilitated by the Export Development Fund (EDF).
PCFAMEA was being provided Rs 96 million by the
Textile Garment Skill Development Board set up by the Ministry of
Textile in order to establish the skill development institutes with
the basic objective of providing comprehensive consultancy services
and technical guidance on all aspects of garment manufacturing and
productivity.
Under this fund, four skill development schools
would be opened with Rs 20.5 million each, but the institutes require
additional funding by the government as the expenditures are much more
than being provided by the EDF administered by the Ministry of
Commerce.
The garment sub-sector has the highest value
addition in the textile chain. Pakistan has a share of 1.5% in the
world apparel trade conducted by developing economies while share of
Bangladesh in apparel export is 3.1%, Sri Lanka 2.0% whereas India has
4.3%.
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