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Govt To Facilitate Small & Medium Industry, Exporters: PM

Islamabad (December 17, 2018): Prime Minister Imran Khan said that government is working to facilitate small and medium industry and exporters of the country.

Addressing the 42nd award ceremony of Federation of Pakistan Chambers of Commerce and Industry in Islamabad on Monday night, he said both are the backbone of commerce and trade in any country.

He said obstacles in the way of doing business will be removed to give boost to small and medium enterprises. He said several steps have already been taken to facilitate the exports industry.

The Prime Minister said the nation needs to change its mindset regarding the business or setting up industry in Pakistan.

He said the attitude of bureaucracy towards the business sectors will also be changed and it would need to remove bottlenecks in the way of doing business. The Prime Minister said increased prosperity will come into the country through commerce and industry.

Imran Khan said Singapore is exporting 330 billion dollars worth of goods despite having much smaller population than Pakistan. Imran Khan said our exports of 24 billion dollars are meager keeping in view the size of our population and economy.

He said wealth creation and profitability are genuine concerns of any business. He said wealth creation leads to increased taxes, more employment opportunities and overall prosperity.

The Prime Minister said besides facilitation of exporters, efforts are also afoot to make the industry competitive for international markets.Earlier holding a meeting in Islamabad, Prime Minister Imran Khan said that supporting farmers and assisting them in adopting modern practices was among the top priorities of the government.

The Prime Minister emphasized upon the need for revamping of the research centers involved in seed registration so as to bring focus to their work.

The Prime Minister was chairing a meeting on the challenges being faced by the country in cotton sector and the way forward towards uplifting the agriculture sector.

He said approved setting up of a working group, headed by the Minister for National Food Security, to revamp existing seed registration institutes in order to bring about qualitative improvement in their output.A working group comprising of private sector seed companies and government sector regulators would also be constituted to simplify seed certification system and to find solution which ensures that the farmers are able to sift between the good and the bad varieties and companies.

The Prime Minister has further directed that the existing rules relating to bio-safety assessment of genetically modified crops be reviewed to make them more simple, efficient and time-saving.

The meeting was attended by Minister for National Food Security Sahibzada Mehboob Sultan, Advisor to PM on Climate Change Malik Amin Aslam, Minister for Agriculture Punjab Malik Nauman Ahmed Langrial, Secretary National Food Security Dr. M. Hashim Popalzi, Arif Nadeem, Hasan Raza and others.The Prime Minister was informed that Cotton is Pakistan’s 2nd largest crop planted on 6.66 million acres. Despite being the 4th largest cotton producer in the world, the country was still importing raw cotton worth $ 1.2 billion.

While discussing various reasons for declining production in the country since 2004-05 and efforts being made for improving seed varieties, it was informed that even with the existing seed varieties, the production could be enhanced to 15 million bales by providing incentives to the farmers and helping them adopt best practices and modern technologies.

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