AIRLINK 191.00 Decreased By ▼ -5.65 (-2.87%)
BOP 10.15 Increased By ▲ 0.01 (0.1%)
CNERGY 6.75 Increased By ▲ 0.06 (0.9%)
FCCL 34.35 Increased By ▲ 1.33 (4.03%)
FFL 17.42 Increased By ▲ 0.77 (4.62%)
FLYNG 23.80 Increased By ▲ 1.35 (6.01%)
HUBC 126.30 Decreased By ▼ -0.99 (-0.78%)
HUMNL 13.80 Decreased By ▼ -0.10 (-0.72%)
KEL 4.75 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.55 Increased By ▲ 0.18 (2.83%)
MLCF 43.35 Increased By ▲ 1.13 (2.68%)
OGDC 226.45 Increased By ▲ 13.42 (6.3%)
PACE 7.35 Increased By ▲ 0.34 (4.85%)
PAEL 41.96 Increased By ▲ 1.09 (2.67%)
PIAHCLA 17.24 Increased By ▲ 0.42 (2.5%)
PIBTL 8.45 Increased By ▲ 0.16 (1.93%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 194.30 Increased By ▲ 10.73 (5.85%)
PRL 37.50 Decreased By ▼ -0.77 (-2.01%)
PTC 24.05 Decreased By ▼ -0.02 (-0.08%)
SEARL 94.97 Decreased By ▼ -0.14 (-0.15%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.00 Decreased By ▼ -0.31 (-0.77%)
SYM 17.80 Decreased By ▼ -0.41 (-2.25%)
TELE 8.72 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.46 Increased By ▲ 0.25 (2.05%)
TRG 62.74 Decreased By ▼ -1.62 (-2.52%)
WAVESAPP 10.35 Decreased By ▼ -0.09 (-0.86%)
WTL 1.73 Decreased By ▼ -0.06 (-3.35%)
YOUW 4.02 Increased By ▲ 0.02 (0.5%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

Allah has given us so many natural minerals and resources, such as gas, oil, coal, gold, jewel stones and water in the shape of glaciers and rivers. We are a fortunate nation that we have all these things. But the nation has been unlucky in finding a sincere government to resolve its basic problems.
If the government wants, it can plan for Pakistan's debts and national growth but it was never the priority of the government. We have rich gas reserves in Sui and in Dera Bugti of Balochistan and Muridke in Punjab.
Karachi's Sea View is a windy beach. It is an ideal location for the purpose of generation of hundreds of megawatts electricity from wind, but we have no plans to do so. We can also generate electricity from coal but we are not doing so although we have huge reserves of coal.
Karachi is the commercial and economic hub of Pakistan and generates approximately 70 percent of the total revenue of the country. But, the federal government doesn't seem serious to pay attention towards the problems of this mega city.
The domestic consumers have become mentally sick and lose their temperaments usually because in winter hot water becomes an essential need of everyone.
Commercially gas shortage is another problem. How can the industrialists raise their production and why would they pay wages to their workers who are not able to do anything without gas. So the worker is also waiting for gas. Gas cylinders are costly. Many employers fired their workers as they incurred losses in their businesses due to decline in production. This led to an increase in unemployment.
The government introduced a 14 percent gas price hike, which means another burden on the poor, already struggling for survival.
The Religious Affairs Minister Syed Khurshid Shah in the National Assembly tried to downplay the staggering 14 percent gas tariff hike as 'not too much'.

Copyright Business Recorder, 2012

Comments

Comments are closed.