AVN 64.70 Decreased By ▼ -0.60 (-0.92%)
BAFL 29.26 Decreased By ▼ -0.24 (-0.81%)
BOP 4.02 Decreased By ▼ -0.03 (-0.74%)
CNERGY 3.48 Decreased By ▼ -0.07 (-1.97%)
DFML 11.65 Decreased By ▼ -0.05 (-0.43%)
DGKC 42.45 Decreased By ▼ -0.08 (-0.19%)
EPCL 46.16 Increased By ▲ 0.17 (0.37%)
FCCL 12.08 Increased By ▲ 0.33 (2.81%)
FFL 5.48 Decreased By ▼ -0.07 (-1.26%)
FLYNG 5.80 Decreased By ▼ -0.12 (-2.03%)
GGL 10.63 Increased By ▲ 0.03 (0.28%)
HUBC 67.04 Increased By ▲ 0.04 (0.06%)
HUMNL 5.42 Decreased By ▼ -0.02 (-0.37%)
KAPCO 24.05 Decreased By ▼ -0.05 (-0.21%)
KEL 2.07 Increased By ▲ 0.01 (0.49%)
LOTCHEM 25.17 Decreased By ▼ -0.03 (-0.12%)
MLCF 25.85 Increased By ▲ 0.43 (1.69%)
NETSOL 74.05 Increased By ▲ 0.04 (0.05%)
OGDC 83.83 Decreased By ▼ -0.22 (-0.26%)
PAEL 10.58 Decreased By ▼ -0.04 (-0.38%)
PIBTL 3.76 Increased By ▲ 0.01 (0.27%)
PPL 63.72 Increased By ▲ 0.87 (1.38%)
PRL 12.26 Decreased By ▼ -0.19 (-1.53%)
SILK 0.86 Decreased By ▼ -0.02 (-2.27%)
SNGP 39.09 Increased By ▲ 0.09 (0.23%)
TELE 7.63 Decreased By ▼ -0.19 (-2.43%)
TPLP 14.17 Decreased By ▼ -0.15 (-1.05%)
TRG 105.44 Decreased By ▼ -1.46 (-1.37%)
UNITY 13.08 Decreased By ▼ -0.09 (-0.68%)
WTL 1.18 No Change ▼ 0.00 (0%)
BR100 4,035 Increased By 0.4 (0.01%)
BR30 14,332 Increased By 16.9 (0.12%)
KSE100 39,848 Decreased By -31.5 (-0.08%)
KSE30 14,767 Decreased By -4.3 (-0.03%)
Follow us

KARACHI: Sindh Industries and Commerce Minister Jam Ikramullah Dharejo said it is very unfortunate that the federal government is usurping the rights of provinces and inflation and unemployment are increasing in the country due to incompetent and poor policies of the federation.

The minister was speaking at the inauguration of Street Light Scheme during his visit to North Karachi Association of Trade and Industry (NKATI). He said Sindh government stood by the industrialists to resolve their issues.

The promises made by the Sindh government to the industrialists are being fulfilled while federal government has not fulfilled a single promise made to the industrialists, Jam Ikramullah Dharejo added.

The minister said according to the vision of Pakistan People’s Party chairman Bilawal Bhutto-Zardari and under the guidance of Sindh Chief Minister Syed Murad Ali Shah, the Sindh government is going to create more industrial zones. These industrial zones will provide a lot of employment opportunities along with industrial development.

He said the Sindh government was working to improve SITE Karachi infrastructure. So far, the chief minister has given Rs 1 billion for the improvement of the infrastructure of the SITE and development work has been started.

Jam Ikramullah Dharejo said the Sindh government would allocate more money for the improvement of industrial zone. While the treatment plant project is underway.

He said Sindh is the lifeblood of Pakistan’s economy and Karachi exports 80 percent to 54 percent of its merchandise. The federal government has pushed Sindh’s industry to the brink of disaster with expensive electricity, gas and load shedding.

The CEO of North Karachi Association of Trade and Industry Sadiq Muhammad, president NKATI Faisal Moeez Khan, secretary industries Muhammad Riaz, Deputy Commissioner West Raja M B Dharijo and others were also present on the occasion.

Copyright Business Recorder, 2021

Comments

Comments are closed.

Federal govt usurping rights of provinces: minister

Back to losing ways: SBP-held forex reserves fall $354mn, now stand at $4.2bn

Technical-level talks with IMF are over: Ishaq Dar

Rupee inches higher against US dollar, settles at 283.66

Oil rises on US crude draw, Iraqi supply risks

‘Five-member bench or full court’: Imran says 90-day constitutional provision ‘inviolable’

New SC bench to hear Punjab elections delay case tomorrow after Justice Aminuddin's recusal

Senate approves bill to curtail powers of chief justice

UAE president names son as crown prince, presumed future leader

KSE-100 ends jittery session on a flat note

Chinese loan rollover of $2bn to Pakistan in process: source