Government taking steps for revival of sick industrial units, NA told

Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for revival of sick industrial units in the country.

Responding to a question during the Question Hour in the National Assembly on Wednesday, he said various concessions are available to local manufacturers including Pharmaceutical Manufacturers, Textile Industry, Solar Sector, Aviation, Mining and Agro-based Industries.

He said that regulatory duty has also been levied on import of many items which are locally manufactured to encourage the local industry.

To a question, he said that a uniform industrial policy has been adopted and there is no discrimination or special treatment with any area of the country.

The Minister of State said the government is also taking measures to reduce the cost of doing business in Pakistan.

Rana Muhammad Afzal Khan said the Prime Minister will announce a comprehensive package in two or three weeks regarding industrial refunds.

He said the government has broken the backbone of terrorists which made the country a favorite destination of foreign investment.