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The cultivable land in Pakistan is deficient in nutrient materials, particularly in nitrogenous content and the balanced use of fertilizer can help in achieving higher yield as well as boosting GDP growth rate. There may be a temporary over supply but additional production capacity has to be added to maintain self sufficiency in urea production. To undertake expansion, the industry demands exemption from payment of duty on plant and machinery and supply of feedstock at discounted price. The cover story discusses the issues: 1) is the feedstock supplied at subsidized price? 2) has the industry failed in responding to the incentives offered in the past and 3) the possible fallout if no further addition is made in production capacity.


TEXTILE
All the top textile organizations and groups have decided to join hands to get resolve the problems faced by the textile industry. APTMA, CTA, and All Ancillary Textile Associations have launched a unanimous move to enhance volume of quality products and promote exports of the textile products from Pakistan.


TYRE SMUGGLING
Despite the sealing of Pak-Afghan border and the heavy presence of allied troops, tyre smuggling continues unabated causing immense damage to the national economy. On the one hand it is costing billions in loss revenue to the government and on the other it is discouraging legal imports and local manufacturing. PAGE takes a closer look.


 

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