North Karachi Association of Trade and Industry (NKATI) patron-in-chief Capt A Moiz Khan and president Naseem Akhtar have lauded package for small and medium-sized enterprises (SMEs) approved by the Economic Coordination Committee (ECC). would provide them relief amid the economic downturn brought on by the pandemic.
NKATI leaders thanked to Prime Minister Imran Khan and suggested that the services of trade bodies be sought for transparent implementation of this package to make the scheme effective.
"According to the Federal Minister for Industries and Production Hamad Azhar, whenever small businesses resume their work after the lockdown, the government will pay their three-month bills. The package will benefit 3.5 million people, including small businesses, also will benefit businesses with 5 kW commercial connections and 70 kW industrial connections, which will benefit 95 percent of businesses and 80 percent of industries", they added.
They said lockdown to prevent Covid-19 and the consequent closure of businesses and industries, the package for SMEs was definitely a needed of time. This will help small businesses and industries to get back on their feet.
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