BR100 Increased By (0.12%)
BR30 Increased By (0.28%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.26%)
AGHA 7.63 Increased By ▲ 0.04 (0.53%)
BECO 5.57 Increased By ▲ 0.06 (1.09%)
BML 59.74 Increased By ▲ 0.66 (1.12%)
BOP 34.40 Increased By ▲ 0.29 (0.85%)
CNERGY 13.11 Increased By ▲ 0.27 (2.1%)
CSIL 6.41 Increased By ▲ 0.31 (5.08%)
FCCL 58.06 Increased By ▲ 0.40 (0.69%)
FFL 16.23 Increased By ▲ 0.03 (0.19%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 7.43 Decreased By ▼ -0.05 (-0.67%)
KOSM 6.03 Increased By ▲ 0.09 (1.52%)
LOTCHEM 27.67 Decreased By ▼ -0.32 (-1.14%)
MLCF 102.75 Increased By ▲ 2.10 (2.09%)
NBP 205.06 Increased By ▲ 1.31 (0.64%)
NCPL 59.63 Decreased By ▼ -0.94 (-1.55%)
NPL 68.56 Decreased By ▼ -1.40 (-2%)
OGDC 318.92 Decreased By ▼ -1.37 (-0.43%)
PACE 11.05 Decreased By ▼ -0.05 (-0.45%)
PAEL 43.10 Decreased By ▼ -0.02 (-0.05%)
PIBTL 16.63 Increased By ▲ 0.07 (0.42%)
PPL 229.45 Increased By ▲ 0.61 (0.27%)
PRL 70.80 Decreased By ▼ -0.22 (-0.31%)
PTC 71.00 Decreased By ▼ -0.65 (-0.91%)
SSGC 27.41 Increased By ▲ 0.73 (2.74%)
TBL 10.31 Increased By ▲ 0.50 (5.1%)
TELE 8.53 Decreased By ▼ -0.08 (-0.93%)
TPL 23.06 Increased By ▲ 0.82 (3.69%)
TPLP 15.76 Increased By ▲ 0.65 (4.3%)
TREET 24.71 Increased By ▲ 0.58 (2.4%)
TRG 60.29 Increased By ▲ 0.45 (0.75%)

A large number of traders on Thursday staged a protest demonstration at M A Jinnah Road to express resentments against the extortionist mafias of Karachi. The traders of Tyre Market, Orangzaib Market, Akbar Market and Jamia Cloth Market closed their shops and took part in the protest march from M A Jinnah Road to Boltan Market.
They took to streets to express their growing disenchantment against the extortionists and law enforcement agencies. They said the law enforcement agencies have not only failed to provide proper security to the traders so far but they also appeared toothless to avert such incidents.
The traders said that they are regularly receiving threats to pay extortion money or face consequences. "Despite several complaints with police and other concerned departments, the government has failed to provide security to the shopkeepers," they regretted. The protesters chanted slogans against lawlessness, extortion threats. They blocked the Main MA Jinnah Road by burning tyres. The Karachi Chamber of Commerce and Industry (KCCI) has also given strike call on April 5, 2011 in this connection. Meanwhile, the Police and administration officials rushed to the protesting spot and started negotiations with the protestors.
When contacted SP Qamar Raza Jasqani said the police have assured the traders to provide complete security by establishing check-posts across all trading units of Saddar area. He said the authority concerned in this regard is striving to evolve comprehensive strategy to deal extortionists with iron hand. Later, the protesting traders after the security assurance given by the concerned authority dispersed peacefully.

Copyright Business Recorder, 2011

Comments

Comments are closed for this article.