Plan to revive Faisalabad's struggling power-loom sector to be submitted to PM within two days, says adviser

Prime Minister's Adviser on Industries and Production Haroon Akhtar Khan told a meeting at the Faisalabad Chamber of Commerce and Industry that proposals to revive the city's struggling power-loom sector will reach Prime Minister Shehbaz Sharif within 48 hours, according to Profit by Pakistan Today. The premier had asked him to study why the sector has declined and to propose practical steps that would bring industrialists quick relief. Khan said the plan would be finalised after talks with business leaders, industrialists and other stakeholders, giving priority to solutions that let factories restart or expand output.

The proposals will concentrate on tax issues, the cost of electricity and regulatory reform. Khan promised power-loom operators and other industrial units that tax and power problems would be examined and raised with the relevant authorities.

Khan described Faisalabad as one of the country's major textile and industrial centres, so its recovery matters for jobs, investment and exports. He criticised outdated procedures and departmental inquiries, noting that rules governing several public institutions are close to five decades old. Reform proposals have already gone to the cabinet, and the government is drafting clearer inspection procedures that give factories reasonable time to fix faults before facing immediate legal action where the law allows, without waiving compliance.