LCCI urges Govt. to establish Cottage City

September 6, 2015 Off By Web Desk

Lahore: The Lahore Chamber of Commerce and Industry has urged the government to establish the Cottage City on the pattern of Industrial Estates in the country.

While addressing a meeting of cottage industry, the LCCI Vice President Syed Mahmood Ghaznavi said that a little attention towards cottage industry could help government get rid of many economic problems including unemployment and poverty that have now started taking their toll.

The LCCI Vice President said that the cottage industry is widely acknowledged solution to fast increasing poverty and urbanization but unfortunately the governments in the past had failed to give a clear cut plan for strengthening this important area of business.

LCCI Senior Vice President Mian Nauman Kabir, former President Mian Anjum Nisar, former Senior Vice President Sheikh Mohammad Arshad and Convener Standing Committee on Cottage Industry Ghulam Sarwar Malik also spoke on the occasion.

Syed Mahmood Ghaznavi said that cottage industries have also gained immense importance world over.

There is great demand for hand-woven carpets, embroidered work, brassware, rugs and traditional bangles.

These are also considered important export items and are in good demand in international market.

He said that a program for developing and promoting cottage industries both in rural and urban areas is more feasible as compared to large scale industries that need huge resources.

When people are employed gainfully in villages, the migration of people from rural to urban areas will reduce.

The LCCI Senior Vice President Mian Nauman Kabir said that the acute problems of housing, sanitation, education, transport and health will be reduced in urban areas.

He said that the Lahore Chamber of Commerce and Industry would continue to facilitate the cottage industry people in the larger interests of the country.

Mian Nauman Kabir urged the government to allocate a piece of land measuring 100 acres for Cottage City in the province so that the people attached with the cottage industry could be able to work for the economic well-being of the country.

He said that the industry having a workforce of 25 people and having a turnover of Rs 75 lakh per annum should be declared as cottage industry.

He also urged the government to evolve a joint methodology in collaboration with the Lahore Chamber of Commerce and Industry for increasing the exports of cottage industry products.

He said that there was no second opinion about it that the Cottage industry has been a building block of economic development.