ECC: (ECC approves Rs11.7b for mother and child hospitals in Punjab)

ISLAMABAD:The Economic Coordination Committee (ECC) of the Cabinet has approved 11.7 billion rupees as the share of the Federal Government for the establishment of four mother and child hospitals in Punjab.

The ECC, which met here on Wednesday with Finance Minister Hammad Azhar in the chair, granted approval to withdrawal of Customs Duty on import of Cotton Yarns to ensure smooth supply of cotton and cotton yarns to the value-added industry and to bring down gap between domestic production and overall demand for the inputs.

The Committee approved Monthly Production Plan as a cost-effective solution, enabling the Power and Gas purchasers to make requisite purchases in line with actual requirements instead of following a fixed arrangement.