AGL 38.20 Increased By ▲ 0.05 (0.13%)
AIRLINK 129.30 Increased By ▲ 4.23 (3.38%)
BOP 7.85 Increased By ▲ 1.00 (14.6%)
CNERGY 4.66 Increased By ▲ 0.21 (4.72%)
DCL 8.35 Increased By ▲ 0.44 (5.56%)
DFML 38.86 Increased By ▲ 1.52 (4.07%)
DGKC 82.20 Increased By ▲ 4.43 (5.7%)
FCCL 33.64 Increased By ▲ 3.06 (10.01%)
FFBL 75.75 Increased By ▲ 6.89 (10.01%)
FFL 12.83 Increased By ▲ 0.97 (8.18%)
HUBC 110.72 Increased By ▲ 6.22 (5.95%)
HUMNL 14.03 Increased By ▲ 0.54 (4%)
KEL 5.22 Increased By ▲ 0.57 (12.26%)
KOSM 7.69 Increased By ▲ 0.52 (7.25%)
MLCF 40.08 Increased By ▲ 3.64 (9.99%)
NBP 72.51 Increased By ▲ 6.59 (10%)
OGDC 189.18 Increased By ▲ 9.65 (5.38%)
PAEL 25.74 Increased By ▲ 1.31 (5.36%)
PIBTL 7.38 Increased By ▲ 0.23 (3.22%)
PPL 153.45 Increased By ▲ 9.75 (6.78%)
PRL 25.52 Increased By ▲ 1.20 (4.93%)
PTC 17.92 Increased By ▲ 1.52 (9.27%)
SEARL 82.50 Increased By ▲ 3.93 (5%)
TELE 7.63 Increased By ▲ 0.41 (5.68%)
TOMCL 32.50 Increased By ▲ 0.53 (1.66%)
TPLP 8.48 Increased By ▲ 0.35 (4.31%)
TREET 16.74 Increased By ▲ 0.61 (3.78%)
TRG 56.01 Increased By ▲ 1.35 (2.47%)
UNITY 28.85 Increased By ▲ 1.35 (4.91%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,659 Increased By 569.2 (5.64%)
BR30 31,331 Increased By 1822.5 (6.18%)
KSE100 99,269 Increased By 4695.1 (4.96%)
KSE30 31,032 Increased By 1587.6 (5.39%)

Two opposition parties and one of the government coalition partners on Saturday submitted adjournment motions in National Assembly and Senate against the phenomenal increase in petroleum products' prices and termed it a petrol bomb on the poor masses already feeling the pinch of unprecedented price hike.
The two adjournment motions were submitted in the National Assembly Secretariat separately by Pakistan Muslim League-Nawaz (PML-N), and Muttahida Qaumi Movement (MQM), a coalition partner of the PPP-led government. While, Jamaat-i-Islami submitted a similar adjournment motion in Senate Secretariat and termed the increase in the POL prices as an unjust step.
The PML-N's adjournment motion sought debate in the Lower House on the recent increase in the POL prices by suspending the routine business. It was signed by six members of the party including Raja Mohammad Asad, Mohammad Hanif Abbasi and Begum Tanveer
They described the increase in the petroleum products' prices on the eve of New Year as dropping a petrol bomb on the masses, adding that it would further increase the overall price hike in the country and add to problems of the masses. The motion added that the hike in the POL prices would affect other commodities of daily use and have negative impact on the agriculture sector, which is backbone of the country's economy.
The party sources said that PML-N would aggressively take up the issue in National Assembly and Senate and the lawmakers have been directed by the party leadership to adopt a strong stance in both houses of the Parliament against the increase in the POL prices.
MQM also submitted an adjournment motion in the National Assembly Secretariat against the recent increase in oil prices. Party's MNA Abdul Kadir Khanzada, while talking to Business Recorder confirmed it, saying that the motion has been signed by Haider Abbas Rizvi, S. A Iqbal Qadri, Abdul Kadir Khanzada and Mrs Shagufta Sadiq.
He said that the party has sought debate in the House on the issue. He said that the increase in oil prices would seriously impact the prices of daily commodities, adding that the people are already in miserable condition due the overall price hike in the country.
"It is very cruel step by the government. The MQM strongly demands of the government to withdraw the increase immediately," he maintained. Meanwhile, three JI's senators including Professor Khurshid Ahmed, Professor Ibrahim and Afia Zia also submitted adjournment motion in Senate Secretariat against the increase in POL prices.
The senators termed the increase as injustice with the people of the country on the eve of the New Year and also described it a gift in the shape of petrol bomb by the government. They further said that the entire nation was taken aback by the decision, demanding that the issue should be discussed in the Upper House of the Parliament.

Copyright Business Recorder, 2011

Comments

Comments are closed.