Pakistan, Aug. 11 -- The Federation of Pakistan Chambers of Commerce & Industry's (FPCCI) Businessmen Panel (BMP) Chairman Mian Anjum Nisar has welcomed the government's proposal to introduce a credit scheme for the revival of sick industrial units but cautioned that without practical, on-ground reforms, such initiatives will remain confined to paperwork. He urged the government to link the revival plan with structural changes in industrial financing, energy pricing, and regulatory facilitation to ensure genuine industrialization rather than temporary bailouts.

Commenting on the sub-committee's proposals under the Pakistan Industrial Policy, Mian Anjum Nisar said that offering tax-linked loans, sales tax duty-linked financing, and declar...