BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)

KARACHI: Stationary protests on Monday held at the city’s markets against the fuel oil and electricity prices hike, as Jamat-e-Islami has called for a countrywide strike on September 2, 2023.

The JI’s call received a big response from traders, public and other segments from the society, who took part in over 100 protests at markets. The civil society also resented the hike in fuel oil and power rates to “unbearable” levels.

“The ruling elite has unleashed a mafia named the K-Electric to fleece the citizens of Karachi,” JI Karachi Chief, Engr Hafiz Naeemur Rehman said in his address to the protesting traders at the Cooperative Market in Saddar. The KE itself is a “defaulter” of Rs 662 billion to the national grid alone, he said that it is also a “defaulter” on huge payments to several other organizations.

The continuing large scale protests across the metropolis are a reflection of the ruling elites’ policies and its future as well. “The caretaker government will have to reduce the electricity tariff, waive the taxes and water down the inflation,” he said and demanded for revoking of the KE license and forensically auditing its financial accounts.

He also made it clear to the KE that its threats to the citizens will have implications on its existence if it continued to cut off power supplies to the consumers. He warned the KE about any untoward incident emerged from its behavior with the consumers will be seen as its fault if it brings the public and law enforcers to a clash.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.