*ISLAMABAD – Cheap electricity had been announced by federal government forfive export sectors.*
*As per the media report, the federal government has extended relief to theexport sector with cheaper electricity to five export-oriented industries.*
Prime Minister Imran Khan has approved cheaper rates of electricity forfive export industries including textile, surgical instruments, sportsgoods, carpets and leather industries, sources said.
The government has slashed per unit rate of electricity for theseindustries from existing 14 rupees to 10 rupees per unit.
The textile manufacturers have welcomed the government’s incentive forboosting the exports.
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Chairman All Pakistan Textile Manufacturers Association (APTMA), Gohar Ejazwhile lauding the government decision, has said that Prime Minister ImranKhan has fulfilled his promise.
He said the mills were closed in Punjab due to expensive electricity andgas but the government decision would go a long way and will provide reliefto industries.
