With reference to a letter which appeared in Business Recorder on June 14, 2007 about "No limit to Greed" by Javaria, is wrong. Now the Government has also imposed 1 percent for all imports, which will definitely affect the cost of production as well as increase wages of mill workers.
The Government announced 3 percent reduction in the interest rate or mark up on Loans to spinning mills and 15 percent rise in the wages of the mill workers, which will take at least 3/4 months for implementation. We suggest that the Government should consider more incentives to textile sector and save this industry from further losses as some persons are unaware about the difficulties faced by this sector.
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