The Rawalpindi Chamber of Commerce and Industry (RCCI) has called upon the federal government to make sure the sufficient allocations for construction of big dams in next fiscal to address the water and energy shortage.
"The present energy and water shortage has hampered economic activities badly and if measures were not taken for quick construction of dams the country will face drought and economic slowdown", said RCCI President Abdul Rauf Chaudhry while addressing a pre-budget meeting of the Chamber executives and members.
Chaudhry said that Pakistan has an agro-based economy and it needs huge water for growth in agriculture sector. "Water shortage is directly affecting the crops, which led to food shortage and in coming days revolutionary steps are imperative to avoid further food shortage and inflation", he added. He said that Pakistan is losing huge water because there are no big reservoirs to save this water and use it for agriculture. Besides providing water for agriculture sector these dams will produce electricity for domestic and industrial sectors.
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