AIRLINK 189.98 Decreased By ▼ -6.67 (-3.39%)
BOP 10.08 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.72 Increased By ▲ 0.03 (0.45%)
FCCL 34.00 Increased By ▲ 0.98 (2.97%)
FFL 17.24 Increased By ▲ 0.59 (3.54%)
FLYNG 23.75 Increased By ▲ 1.30 (5.79%)
HUBC 126.20 Decreased By ▼ -1.09 (-0.86%)
HUMNL 13.79 Decreased By ▼ -0.11 (-0.79%)
KEL 4.76 No Change ▼ 0.00 (0%)
KOSM 6.60 Increased By ▲ 0.23 (3.61%)
MLCF 43.14 Increased By ▲ 0.92 (2.18%)
OGDC 228.60 Increased By ▲ 15.57 (7.31%)
PACE 7.38 Increased By ▲ 0.37 (5.28%)
PAEL 41.85 Increased By ▲ 0.98 (2.4%)
PIAHCLA 17.25 Increased By ▲ 0.43 (2.56%)
PIBTL 8.40 Increased By ▲ 0.11 (1.33%)
POWER 9.06 Increased By ▲ 0.24 (2.72%)
PPL 194.50 Increased By ▲ 10.93 (5.95%)
PRL 37.38 Decreased By ▼ -0.89 (-2.33%)
PTC 23.99 Decreased By ▼ -0.08 (-0.33%)
SEARL 95.00 Decreased By ▼ -0.11 (-0.12%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.96 Decreased By ▼ -0.35 (-0.87%)
SYM 17.81 Decreased By ▼ -0.40 (-2.2%)
TELE 8.66 Decreased By ▼ -0.07 (-0.8%)
TPLP 12.30 Increased By ▲ 0.09 (0.74%)
TRG 62.69 Decreased By ▼ -1.67 (-2.59%)
WAVESAPP 10.30 Decreased By ▼ -0.14 (-1.34%)
WTL 1.76 Decreased By ▼ -0.03 (-1.68%)
YOUW 4.01 Increased By ▲ 0.01 (0.25%)
BR100 11,829 Increased By 106.1 (0.91%)
BR30 36,322 Increased By 962.6 (2.72%)
KSE100 113,410 Increased By 771.4 (0.68%)
KSE30 35,751 Increased By 292.5 (0.82%)

The executive committee of Pakistan Carpet Manufacturers and Exporters Association (PCMEA) in an emergent meeting has shown serious concern over the 13 percent decline in the exports of hand-knotted carpets during the period July/April 2006-07 as compared to the corresponding period of the year 2005-06.
The committee unanimously decided that the Prime Minister of Pakistan should be requested to help out the carpet industry by announcing remedial steps in the budget 2007-08. They proposed to announce a special package for the uplift of carpet industry in the budget to safeguard the livelihood of 1.5 million poor workers of Pakistan carpet industry. The meeting also urged the government to reduce the export refinance to a reasonable level and approve six percent research and development for the industry.
The association also urged to issue instruction for the approval of additional funds required for the completion of carpet training institute at Lahore. The members also demanded of the government to allot land for setting up of Carpet City in Lahore and Karachi.

Copyright Business Recorder, 2007

Comments

Comments are closed.