BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
Pakistan

Textile industry criticises loadshedding of energy

HAMID WALEED LAHORE: The doom and gloom textile industry has welcomed the holy month of Ramazan with heavy heart beca
Published Updated

power-transmissionHAMID WALEED

LAHORE: The doom and gloom textile industry has welcomed the holy month of Ramazan with heavy heart because of unprecedented loadshedding of both electricity and gas.

It may be noted that the industry will be supplied with five days a week gas besides six hours a day electricity loadshedding. Resultantly, around 40 percent production capacity of textile industry is idle, leading to unemployment of textile workers at large. Particularly, the textile hubs in the province of Punjab including Lahore, Faisalabad, Multan and Sialkot are the worst hit and all their hue and cry has fallen on deaf ear of the government. It is worth noting that All Pakistan Textile Mills Association (APTMA), the sole representative body of basic textile industry, leadership recently camped in Islamabad for a week and lobbied for the industry ahead of Ramazan. The APTMA leadership called on Prime Minister Pakistan Raja Pervez Ashraf to pursue him for announcing exemption of textile industry from electricity load shedding. The Prime Minister assured the APTMA delegation of facilitating the industry soon the supply side is out of pressure, which means no immediate relief to industry.

Textile industry is, therefore, experiencing cold shoulder from the government, probably for the very first time since its inception in Pakistan. It is only President Asif Ali Zardari who is ready to listen to their problems and direct the concerned quarters to deal with positively. Otherwise, majority of the bureaucracy is extremely hostile towards the industry and those who are not extending harsh treatment to industry are actually asking for greasing their palms in response to their favours. There was a general impression that the government would be lenient towards the industry after meeting with Prime Minister Raja Pervez Musharraf ahead of the holy month of Ramazan.

Comments

Comments are closed for this article.