textile industry, pakistan textile industry
The new schedule only allows these industries to operate twice a week, which will not only increase the cost of production, but will also cause unemployment to hit alarming levels. - File Photo.

As per the new notification issued by the Sui Northern Gas Company Limited, industries in Punjab and parts of Khyber Pakhtunkhwa can only function for eight days every month. According to the new gas load management plan, industries in the region, which were facing gas load shedding for up to four days a week, will now be battling with five days a week of complete closure.   The new schedule only allows these industries to operate twice a week, which will not only increase the cost of production, but will also cause unemployment to hit alarming levels. Daily wagers were without jobs for four days every week as per the old schedule, but now they will be jobless for an extra day a week.   Former chairman of the Faisalabad Chambers of Commerce and Industry, Sheikh Abdul Qayum spoke to DawnNews and said that this will destroy the value added sector along with the export oriented industries in that region. He added that the government has had a dip in gas production numbers due to weak oil and gas exploration, and the province of Punjab is being unfairly dealt with.   Qayum said that all stakeholders in that region will hold a meeting on Saturday to discuss these concerning matters, as according to him, there is no point of industries working eight days a month only.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Last call
Updated 15 Nov, 2024

Last call

PTI should hardly be turning its "final" protest into a "do or die" occasion.
Mini budget talk
15 Nov, 2024

Mini budget talk

NO matter how much Pakistan’s finance managers try to downplay the prospect of a ‘mini budget’ to pull off a...
Diabetes challenge
15 Nov, 2024

Diabetes challenge

AMONGST the many public health challenges confronting Pakistan, diabetes arguably does not get the attention it...
China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...