SIALKOT, Sialkot Chamber of Commerce and Industry (SCCI), Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), Pakistan Gloves Manufacturers & Exporters Association (PGMEA), Markazi Anjuman Tajraan Sialkot and other main trade bodies have strongly rejected the recent massive hike in POL prices and increase in power tariff by the government, adding that this raise in POL price would badly affect the power and gas outages beaten export industries of Sialkot.
Talking to the newsmen here Sunday, SCCI President Naeem Anwar Qureshi, Chief Coordinator PRGMEA Ejaz A. Khokhar and President Markazi Anjuman Tajraan Sialkot Mehar Ghulam Mujtaba this increase POL prices would flow a new deadly flood of price hike in the country. They termed the decision a bomb for export industry of Sialkot, saying that it would also ruin SMEs based industry of Sialkot. He said that decision seemed a conspiracy against the government. This hike would prove a cut-throat for industrial sector, which was already striving for its survival due to unending unscheduled load shedding of electricity and gas.
SCCI President Naeem Anwar Qureshi revealed that this hike in POL prices and power tariff would also increase the cost of doing business and cost of production. He said that that it had become very hard for the Sialkot exporters to stay in competitions in international trade markets against the other countries which were producing the cheaper export products comparatively than Pakistan. Now, it had become a matter of survival for Sialkot industries.
He said that the situation had become unbearable for them, as the foreign buyers were canceling their export orders (worth millions of rupees daily), as the Sialkot exporters were unable to timely dispatch their export orders due to prolonged suspension of the power and gas supply in Sialkot. They said that this nasty situation was also causing a big decline in Sialkot exports. He said that the foreign buyers were diverting their export orders to the other countries from Sialkot-Pakistan and this situation could also prove a set back for the national economy.
On the other hand, the PML-N MNAs Khawaja Muhammad Asif, Zahid Hamid and Sahibzada Syed Murtaza Ameen have also strongly criticized the PPP government for this massive hike in POL prices.
Addressing the workers gatherings at Sialkot, Daska and Pasrur, they said that the PPP government has snatched the right of living from the common people by this Patrol Bomb, which was not less than a drone attack.