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| November 19, 2001 | Monday | Ramazan 3, 1422 |
Cottage industries ‘face’ closure
FAISALABAD, Nov 18: The local Cottage Industries Association is going through a critical phase in the face of multi-pronged problems to the industry.
This was stated by FCIA chairman Shaikh Muhammad Yasin here on Saturday.
He said all the previous governments imposed heavy taxes on the industry only to bring it near to its closure.
He maintained hundreds of powerloom factories, dyeing, calendering, finishing and printing units, garment factories and other small industries had already been closed owing to heavy taxation and continuous recession in the market.
‘If the cottage industry was not exempted from at least Rs1 million, the sector would soon collapse and workers would be left jobless,’ he claimed.
The chairman urged president Gen Pervez Musharraf to fix the investment of the cottage industry for at least Rs1.5 million and provide loans to the owners on soft term basis for the good of business in the country.
He also demanded that sales tax and central excise duty should be exempted from the industry for its easy breathing.
POLICE PICKETS: Local police have set up over 100 pickets in various parts of the city to check any untoward incident during the holy month of Ramazan.
District police officer Tassaduq Husain had deputed officials around all the commercial areas, mosques, imambargahs and government offices.
Traffic police personnel had been directed to perform their duties actively for the smooth flow of traffic during Iftar hours.
FAF: The Farmers Association Faisalabad has demanded the government to direct sugar millowners to immediately start the crushing otherwise land for wheat sowing will not be available.
In a statement here on Sunday, FAF president Tahir Saeed said cane growers had been facing a difficult situation because mill managements had not yet started crushing which would badly affect the wheat sowing especially in the Punjab.
He demanded that the prices of agricultural inputs should be reduced at least by 50 per cent.
The FAF president said the farming community would face an uphill task due to water shortage for wheat sowing, and they would have to buy