Rising Prices of Women’s Clothing Raise Concerns in National Assembly; Textile Sector Under Scrutiny
Islamabad – The soaring prices of women’s clothing have become a pressing issue in the National Assembly, with lawmakers voicing concerns over unchecked pricing practices in the local textile industry.
Pakistan Peoples Party (PPP) MNA Shagufta Jumani highlighted the matter during Wednesday’s session, criticizing the sharp price hikes imposed by textile companies marketing women’s apparel under various brand names.
“A ladies suit that once cost Rs7,000 to Rs8,000 is now being sold for Rs20,000,” Jumani stated, questioning the lack of regulatory oversight. “Who will keep a check and balance on these brands? Anyone can jump into textiles and launch their brand.”
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In response, Parliamentary Secretary for Commerce Zulfiqar Bhatti acknowledged the government’s limited influence on prices in local retail markets. He attributed the rise to broader economic pressures, including increased electricity and gas tariffs impacting production costs.
Bhatti further identified taxation as a contributing factor, noting, “The Federal Board of Revenue (FBR) has imposed an 11% sales tax on cotton, which should be abolished.” He assured the House that relief measures, including the removal of this sales tax, are being considered.
Bhatti also announced the upcoming launch of a new textile policy expected by June or July, aimed at supporting the sector and easing pricing pressures on consumers.
Highlighting positive developments, Bhatti pointed out that Pakistan’s textile exports had grown by 9.38% as of March this year, underscoring the resilience of the industry despite economic challenges. He added that the Prime Minister chairs the export board, which includes all four provincial chief ministers as members.