BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

LAHORE: The Punjab government has assured All Pakistan Textile Mills Association (APTMA) of resolving industry issues on priority. This assurance was extended by Nabeel Javed, Secretary Labor, Government of the Punjab during a meeting with the APTMA delegation on Thursday.

The APTMA delegation consisted of Chairman APTMA (North) Hamid Zaman, Senior Vice Chairman Kamran Arshad, Vice Chairman Asad Shafi, Executives S.M. Nabeel, Ali Arshad and Secretary General Raza Baqir. Senior Punjab government officers belonging to all the attached offices of Labour Department were also present on the occasion.

Chairman APTMA (North) Hamid Zaman highlighted the problems being faced by the mills regarding penalty on the payment of Punjab Employees Social Security Institution (PESSI) arrears.

He said that APTMA member mills are seeking a waiver of the penalty levied under section 23 of the PESSI Ordinance to voluntary pay outstanding PESSI arrears in easy installments. The textile industry has already started voluntary payments of the principal amount as per mutually agreed schedule with the PESSI, he added.

According to Zaman, a waiver of the penalty on voluntary payment of PESSI arrears would encourage the rest of the industries to pay their dues immediately.

Secretary Labour asked Director General, PESSI to complete initial working on PESSI arrears and directed for holding another meeting during the next week to amicably resolve the issue.

He said the Punjab government was already attentive to all the industry issues keeping in view the fast-changing business environment the world over. He said necessary measures are being adopted to facilitate the industry on issues faced by them especially in view of the current economic melt down and global recession.

Secretary added that the Punjab government would leave no stone unturned to provide a business friendly environment to facilitate to grow their businesses which ultimately conducive to growth and wealth creation in the province.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.