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HYDERABAD: The President Hyderabad Chamber of Commerce and Industry (HCCI) Fahad Hussain Shaikh has lauded the bold decision of Prime Minister Imran Khan for Industrial Support Package (ISP) offering additional consumption of electricity to small and medium enterprises at 50 percent discount rates in tariff up to June 2021.

Fahad Hussain said that by the decision of omitting peak hours charges of electricity and 25pc relief on additional consumption of electricity for three years not only industrial units particularly small industries would grow faster than ever but job opportunities would be created as well, exports would be increased significantly and there would be positive impact on local markets, he added.

He further informed that the decision of Prime Minister was being appreciated by the industrialists’ business community. He congratulated the Prime Minister Imran Khan for taking such good decision which according to him help boost the industrial sector and the economy as well.

Copyright Business Recorder, 2020

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