FAISALABAD, July 19: The local industrialists, trade leaders, politicians and hotel owners have criticized the 10 per cent increase in gas tariff.

All-Pakistan Sizing Industries Association Chairman Mirza Mohammad Shafiq said the cottage industry was expecting some relief in taxes or a cut in gas nad electricity tariffs, but the increase in gas charges had shattered all their dreams.

He said the sizing industry, chemical units, bleaching and dying factories and other textile ancillary units would face serious financial problems if the increase in gas tariff was not withdrawn.

The industrialists apprehended that such a decision would not only affect the policies and plans of the government to meet the challenges of the WTO regime, but also result in price hike and unemployment.

The deputy opposition leader in the Punjab Assembly, Rana Sanaullah, MPAs Shaikh Ijaz Ahmad and Malik Nawaz and City PML-N president Khwaja Mohammad Islam said the 'mini-budgets' in the shape of increase in the prices of gas, electricity and petroleum products had exposed the claims of the government about strengthening the national economy.

All developing and under-developed countries were providing maximum benefits besides a cut in duties to industrialists to meet the challenges of WTO. But our government was evolving anti-trade and anti-people policies just to please their foreign masters, they said.

Faisalabad Hotel-Owners Management Association Chairman Naveed Ahmad also criticized the increase in gas tariff and urged the government to withdraw it immediately.

SUICIDE: A youth allegedly committed suicide by hanging himself with a ceiling fan of his house in Chak 108 GB of Jaranwala on Sunday night. Akmal reportedly had an altercation with his family members over a minor issue.

Opinion

Editorial

A hasty retreat
Updated 28 Nov, 2024

A hasty retreat

Govt should not extend its campaign of violence against PTI and its leaders, thinking it now has the upper hand. Enough is enough.
Lebanon truce
28 Nov, 2024

Lebanon truce

WILL it hold? That is the question many in the Middle East and beyond will be asking after a 60-day ceasefire ...
MDR anomaly removed
28 Nov, 2024

MDR anomaly removed

THE State Bank’s decision to remove its minimum deposit rate requirement for conventional banks on deposits from...
Islamabad march
Updated 27 Nov, 2024

Islamabad march

WITH emotions running high, chaos closes in. As these words were being written, rumours and speculation were all...
Policing the internet
27 Nov, 2024

Policing the internet

IT is chilling to witness how Pakistan — a nation that embraced the freedoms of modern democracy, and the tech ...
Correcting sports priorities
27 Nov, 2024

Correcting sports priorities

IT has been a lingering battle that has cast a shadow over sports in Pakistan: who are the national sports...