AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,615 Increased By 43.5 (0.51%)
BR30 26,900 Decreased By -375.9 (-1.38%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

Slamming the government's policy on gas cuts, the value-added Textile Forum on Saturday said it is "ruining" the already over burdened textile export sector. "The policy of the government relating to gas is unfortunately ruining the already over burdened industrial sector, especially the vital textile export sector," said Chief Co-ordinator, value added Textile Forum Jawed Bilwani.
He demanded of the government to supply the gas on a "special priority" to the industrial sector, saying the country's manufacturing sector provides huge employment and earn foreign exchange to the national exchequer. He said globally industrial sector is placed first on the government's policies but in Pakistan the situation is contradictory as the government at the expense of export-manufacturing sector fosters the CNG sector by supplying the gas.
"Nowhere in the world the industries are discouraged and crushed like in our country where the government is out to ruin the industry at the cost of supply of gas to the CNG sector," he regretted. He said the government of regional countries is providing all key facilities, incentives to their manufacturing sectors, besides an adequate energy supply.
Showing concerns, Bilwani said the country could not afford rise in the existing unemployment and warned the closures of industrial units because of gas cuts would badly hit jobs. "The situation could also lead to a serious law and order dilemma," he added.
He proposed that only for winter season the tariff of gas should be raised in parity with the diesel price to protect the passengers from unjustified fares the transport sector charges from them. "Transporters run their vehicles on CNG but charge fares on the basis of diesel price. Therefore, the CNG price should be increased in winters to discourage the transporters and save the gas for industrial and household use," the chief co-ordinator of value-added textile sector said.
He reiterated that industrial sector including textile one is the backbone of the national economy, which is faced with the "severest ever shortage of vital energy". He said the gas shortage also made a large number of industrial units close production, consequently these units are being relocated to abroad as the investors want to secure their capital.

Copyright Business Recorder, 2012

Comments

Comments are closed.