Govt recommended Cottage city
Lahore: The Lahore Chamber of Commerce and Industry stipulated the government to assign a small part of land where a cottage city can be established, which will help to form latest jobs for jobless people.
LCCI President Engineer Sohail Lashari made this demand in meeting with a delegation of the All Pakistan Cottage Industry led by its Chairman Ghulam Sarwar Malik here the LCCI building, where Chamber’s Vice President Kashif Anwar also spoke.
Sohail Lashari said that the country’s financial restoration will just linger as a dream until government upgrades its policies and reroute its assets towards cottage industry.
He cited that China, Korea and the United States were giving an equal importance to small businesses, and they contribute at a large quantity in the manufacturing sector.
He further added that government should take the private sector into consideration.
The LCCI President said cottage and small-scale industries were labor intensive and provided employment to 80 per cent of industrial labor force, helping in the reduction of unemployment and offer opportunities for self-employment.
He said the cottage industry also met local demands for industrial goods and saved foreign exchange.