HYDERABAD: While rejecting massive increase in electricity tariff, Hyderabad Chamber of Commerce and Industry president Adeel Siddiqui on Saturday said the problems for business community were multiplying and many industries would face closure.

He said the government should waive electricity bills for three months to offer relief to business community because of countrywide flooding and closure of markets. He added that the recovery from domestic and industrial consumers having less than Rs2.5m bills should also be waived for two months.

In a statement issued on Saturday, Mr Siddiqui said small and medium enterprises (SMEs) would be badly hit due to exceptional rise in power tariff. He asked the government to immediately withdraw increase in electricity tariff and fuel adjustment charges.

Published in Dawn, September 4th, 2022

Opinion

Editorial

Rushed legislation
06 Nov, 2024

Rushed legislation

THE law minister and defence minister had noise-blocking headphones snapped on as they rushed through half a dozen...
Jail reform policy
06 Nov, 2024

Jail reform policy

THE state is making a fresh attempt to improve conditions in Pakistan’s penitentiaries by developing a national...
BISP overhaul
06 Nov, 2024

BISP overhaul

IT has emerged that the spouses of over 28,500 Sindh government employees have been illicitly benefiting from BISP....
Smog hazard
Updated 05 Nov, 2024

Smog hazard

The catastrophe unfolding in Lahore is a product of authorities’ repeated failure to recognise environmental impact of rapid urbanisation.
Monetary policy
05 Nov, 2024

Monetary policy

IN an aggressive move, the State Bank on Monday reduced its key policy rate by a hefty 250bps to 15pc. This is the...
Cultural power
05 Nov, 2024

Cultural power

AS vital modes of communication, art and culture have the power to overcome social and international barriers....