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Asian currencies were mostly higher and the dollar index was flat at 100.70 having declined in the previous three sessions
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Poor manufacturing quality causes huge loss to Pakistan industrial sector
ISLAMABAD The poor manufacturing quality and related wastage are causing $7.5 billion loss annually to the country's industrial sector.
This was told to the Minister for Industries and Production Liaqat Ali Khan Jatoi during meeting he presided here yesterday to review the role of National Productivity Organisation (NPO). The minister expressed his concern over such a hefty loss to the national economy and asked NPO to suggest ways and means to check this situation. The minister said NPO was the only organisation under the ministry that has been entrusted with the task of improving productivity and quality of products and services produced by the country.
He appreciated certain initiatives taken by the small NPO team in undertaking the productivity movement in Pakistan and recommended that NPO-Pakistan should focus on developing human skills both in the urban and rural areas to increase labour productivity. The initiative to host the International Productivity Conference in May was considered an excellent idea to promote the cause of the productivity in the region.
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