The Karachi Chamber of Commerce & Industry (KCCI) along with all seven Industrial Town Associations and Value-Added Textile Associations have fervently appealed the government to bring down gas tariff to Rs1350 per MMBtu which has been determined as 100 percent cost of gas by OGRA and the industries were ready to pay the same but not the subsidies.
Addressing a press conference here on Tuesday which was chaired by President KCCI Iftikhar Ahmed Sheikh, representatives of business & industrial community said that the recent exorbitant hike in gas tariffs was tantamount to landing into more and deeper troubles than expecting any good outcome of ill-planned and shortsighted attempts.
Vice Chairman Businessmen Group Anjum Nisar, Jawed Bilwani, President KCCI Iftikhar Ahmed Sheikh, Senior Vice President Altaf A. Ghaffar and Vice President Tanveer Ahmed Barry, Former President Mohammad Tariq Yousuf along with Presidents/ representatives of industrial town associations and value-added textile associations were also present on the occasion. Vice Chairman BMG Jawed Bilwani, on the occasion, stated that today’s press conference was not going to be the end of the story as it will be followed by series of press conferences in all industrial town zones, displaying protest banners at the offices of trade associations, observing no export day once a week. “If the government fails to pay attention to business community’s demand, we will intensify our protests by displaying protest banners all over the city and observe no export day twice and even thrice a week”, he warned.
