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Pakistan Muslim League-Nawaz (PML-N) on Saturday rejected the moves for further increasing gas and electricity tariffs and said the moves, if materialised, would prove detrimental for the country's industrial sector whose survival is already at stake due to continuous increase in electricity, gas and petroleum prices by the PPP-led government.
PML-N leader and industrialist Pervez Malik has asked Nepra and Orga to abstain from making further increase in electricity and gas prices. He warned that the government should refrain from according approval of such proposals otherwise PML-N would put its weight in the scale of industrialists.
Pervez said that such moves would swell the sufferings of industrial sector, which is already facing multiple crises. The present regime has been formulating policies without keeping in view the ground realities and national interests, he added. According to him, industries were already suffering because of high input cost, inflationary pressure, high markup and non-friendly businesses related policies of the present regime. The government has increased the power tariff more than 70 percent in the last five months and is poised for more. That would play a vital role to sink the industrial sector leaving millions industrial workers jobless.
He criticised both Nepra and Ogra for proposing increase in the prices of electricity and gas at a time when all economic indicators of the country are showing negative growth. "The industries are struggling for survival, capital is flying to other countries, and exporters are facing matchless difficulties to meet their export orders," he added.
He said that PML-N would not tolerate the government for taking anti-industry and anti-masses measures and would fully support the business community that is the backbone of the economy. Moreover, a spokesman of PML-N said that Imran Khan is self-projecting by mudslinging others and the major example of it is baseless allegation of spending 9000 million rupees from government exchequer on the residence of Sharif Brothers at Raiwind.
The spokesman said that Imran Khan by levelling allegations against others can get attention of the participants in any public meeting for the time being but he should keep in mind that no juggler can amuse the audience for a long time as they have to return to real world after seeing the show. The spokesman said that Imran Khan in the lust of power has totally forgotten the moral values and social etiquette and is levelling cheap allegations against Sharif Brothers. He said the fact is that not a single penny of the Punjab government was spent on the residence of Sharif Brothers at Raiwind.

Copyright Business Recorder, 2011

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