AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)

All industrial units in Southern Punjab had closed their one shift due to persistent load shedding rendering more than one lakh workers jobless, said a labour leader Ashfaq Ahmed Khan while talking to newsmen here on Saturday.
He said that load shedding has forced over three million labourers on daily wages across the country to sit idle in their homes and wait till the power crisis is over. In addition, over 42,000 factory workers have also been affected and left without any regular sources of income, he added.
Because of heavy load shedding, many small factories are not working and more than three million labourers are sitting idle. "The main reason for this joblessness is privatisation of several public entities," he said, adding the private companies had reduced the number of employees and increased working hours without paying them extra money.
"Before the privatisation of Pakistan Telecommunication Limited (PTCL), the total number of its employees was 65,000 but after privatisation, just 30,000 employees are now working in the organisation," he said.
He said Habib Bank was the biggest bank of Pakistan with 1,425 branches in the country and almost 48 world-wide branches but it was sold out at a throwaway price of Rs 22 billion. "The number of its employees has now been reduced to 7,000, which is four times less than what it was before the privatisation," he added.
He said flour price had reached Rs 30 per kilogram, which was beyond the reach of poor labourers. "In 116 cities, people stand in queues for hours to get flour but mostly return empty handed," he said.
He said that government had fixed the minimum salary of unskilled labourers at Rs 4,600 per month but the mill owners were paying them much lower wages, adding, the government had banned unions, which stood up for rights of under-paid and unemployed labourers.

Copyright Business Recorder, 2008

Comments

Comments are closed.