This has reference to a letter published in Business Recorder on June 14, 2007 regarding "No limit to Greed" by Javaria, which is not correct. The Government announced 3 percent reduction in the interest rate or mark up on loans to spinning mills and 15 percent rise in the wages of the mill workers, which will take at least 3/4 months for implementation.
We suggest that Government should consider more incentives to textile sector and save industry from further losses as some persons are unaware about the difficulties being faced by this sector.
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