AIRLINK 189.36 Increased By ▲ 1.33 (0.71%)
BOP 11.10 Decreased By ▼ -0.76 (-6.41%)
CNERGY 7.28 Decreased By ▼ -0.26 (-3.45%)
FCCL 36.65 Decreased By ▼ -1.14 (-3.02%)
FFL 14.95 Decreased By ▼ -0.29 (-1.9%)
FLYNG 26.19 Increased By ▲ 0.66 (2.59%)
HUBC 130.89 Increased By ▲ 0.74 (0.57%)
HUMNL 13.47 Decreased By ▼ -0.14 (-1.03%)
KEL 4.28 Decreased By ▼ -0.07 (-1.61%)
KOSM 6.08 Decreased By ▼ -0.09 (-1.46%)
MLCF 45.94 Increased By ▲ 0.26 (0.57%)
OGDC 201.86 Decreased By ▼ -4.57 (-2.21%)
PACE 6.12 Decreased By ▼ -0.26 (-4.08%)
PAEL 38.36 Decreased By ▼ -1.95 (-4.84%)
PIAHCLA 16.73 Decreased By ▼ -0.22 (-1.3%)
PIBTL 7.94 Decreased By ▼ -0.09 (-1.12%)
POWER 9.86 Decreased By ▼ -0.17 (-1.69%)
PPL 173.46 Decreased By ▼ -5.38 (-3.01%)
PRL 34.73 Decreased By ▼ -1.63 (-4.48%)
PTC 23.95 Decreased By ▼ -0.44 (-1.8%)
SEARL 101.74 Decreased By ▼ -1.42 (-1.38%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 32.70 Decreased By ▼ -3.54 (-9.77%)
SYM 17.93 Decreased By ▼ -0.30 (-1.65%)
TELE 8.14 Decreased By ▼ -0.24 (-2.86%)
TPLP 12.02 Decreased By ▼ -0.14 (-1.15%)
TRG 67.40 Increased By ▲ 0.07 (0.1%)
WAVESAPP 11.80 Decreased By ▼ -0.21 (-1.75%)
WTL 1.52 Decreased By ▼ -0.05 (-3.18%)
YOUW 3.90 Increased By ▲ 0.01 (0.26%)
BR100 11,819 Decreased By -87.9 (-0.74%)
BR30 35,000 Decreased By -554.1 (-1.56%)
KSE100 112,085 Decreased By -478.8 (-0.43%)
KSE30 34,946 Decreased By -148 (-0.42%)
Pakistan Print 2020-04-07

PCMA for exempting chemical industry from Section 144

The chemical industry has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section-144, otherwise production of over 23 essential items including exportable products of textile, garments and leather industri
Published 07 Apr, 2020 12:00am

The chemical industry has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section-144, otherwise production of over 23 essential items including exportable products of textile, garments and leather industries would be stopped.
Pakistan Chemical Manufacturers Association (PCMA) Chairman Abrar Ahmad in a letter to the home secretaries of Punjab and Sind have said that chemical industry is contributing Rs35 billion in the form of taxes and US $12 billion in national GDP and it is also providing 400,000 jobs with an income multiplier of 4.2 and with job multiplies of 7.8.
He claimed that almost all the industries are dependent upon chemical industry for input chemicals to produce their products. He said the association has identified about 23 essential products which would not be produced if chemical industry does not resume operation to make input-chemicals for them.
These industries include food, pharma, soap, detergents, fertilizers, pesticides, construction, power plants, water treatment plants, export oriented industries like textile, garments, cotton gloves, allied fabrics knitted & woven dyed, home care, body care, health care, sanitizers, hand wash, shampoos, laundry soap, laundry detergent powders and leather industry.
Currently, chemical manufacturers have huge orders piled up from the forward linkage industries, but unfortunately the chemical industry has not been included in the industries whose operations are exempted from enforcement of Section 144.

Copyright Business Recorder, 2020

Comments

Comments are closed.