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