APTMA demands restoration of RCET and EFS
LAHORE: Newly-elected Chairman All Pakistan Textile Mills Association (APTMA) Mr. Kamran Arshad has urged policymakers to reduce electricity tariff and restore Regionally Competitive Energy Tariff (RCET) besides reversing the government policy of curtailing gas supply to captive consumers from 1st Jan 2025, and include local yarn supply in the Export Facilitation Scheme (EFS) scheme. These measures will revitalize the textile sector, boost economic growth, and create employment opportunities, he added. Mr Arshad also sought a cut in the interest rate for the industrial growth. He was addressing the Annual General Meeting of the Association on Monday at the APTMA Lahore office. Earlier Mohammad Raza Baqir, Secretary General North Zone APTMA, opened the house while Umar Nazar Shah announced election results of the Association, declaring Mr. Kamran Arshad as central Chairman, followed by Mr. Muhammad Jameel Qasim as Senior Vice Chairman, Mr. Siddique Javed Bhatti as Vice Chairman and Mr. ...