130% increase in gas tariff is rejected, the government should take the issue into confidence, Iftikhar Sheikh, Javed Balwani and others (Photo file)
Karachi: The industrialists have announced to stop their export activities rejecting the 130% increase in gas tariff.
Rejecting the 130% increase in gas tariff, the industrialists of Karachi have announced to stop their export activities on a phased basis from the first week of December. Addressing a joint press conference of presidents of regions, towels manufacturers and ready-made garments.
President of Karachi Chamber of Commerce Iftikhar Sheikh said that there are serious concerns of the industrial sector on the gas price, the excess on the issue of gas price has been raised at all levels, there are serious difficulties in running small and large industries, small and medium level. A large number of industries have been closed but now large scale industries are also on the way to closure.
Also read: Government’s decision to raise gas prices again on the condition of IMF
He said that 1350 rupees per MBTU recommended by OGRA should be implemented but the circular debt should not be imposed on the industrial sector. Reaching the top.
Javed Balwani, Head of Value Added Textile Sector, said that export activities will be stopped in stages from the first week of December. In the first phase, export activities will be stopped for one day as a protest. will go
He said that the fertilizer sector earns 40 billion rupees and cross subsidy is being paid to this sector which earns 40 billion rupees from the industry, the government should meet on the gas issue and take it into confidence. How is the price of gas Rs 2100 mmbtu given?
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