BR100 Decreased By (-1.39%)
BR30 Decreased By (-1.72%)
KSE100 Decreased By (-1.3%)
KSE30 Decreased By (-1.25%)
AGHA 7.92 Decreased By ▼ -0.17 (-2.1%)
BECO 5.20 Decreased By ▼ -0.07 (-1.33%)
BML 59.25 Decreased By ▼ -0.13 (-0.22%)
BOP 33.68 Decreased By ▼ -0.51 (-1.49%)
CNERGY 9.81 Increased By ▲ 0.19 (1.98%)
CSIL 5.42 Decreased By ▼ -0.08 (-1.45%)
FCCL 53.52 Decreased By ▼ -0.63 (-1.16%)
FFL 16.68 Decreased By ▼ -0.16 (-0.95%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.35 Decreased By ▼ -0.24 (-3.16%)
KOSM 5.61 Decreased By ▼ -0.07 (-1.23%)
LOTCHEM 29.11 Decreased By ▼ -1.32 (-4.34%)
MLCF 95.50 Decreased By ▼ -2.66 (-2.71%)
NBP 204.35 Decreased By ▼ -4.44 (-2.13%)
NCPL 58.24 Decreased By ▼ -1.37 (-2.3%)
NPL 67.79 Decreased By ▼ -2.08 (-2.98%)
OGDC 317.94 Decreased By ▼ -5.42 (-1.68%)
PACE 10.71 Decreased By ▼ -0.36 (-3.25%)
PAEL 41.83 Decreased By ▼ -0.42 (-0.99%)
PIBTL 16.50 Decreased By ▼ -0.32 (-1.9%)
PPL 219.74 Decreased By ▼ -4.99 (-2.22%)
PRL 44.59 Increased By ▲ 2.94 (7.06%)
PTC 70.77 Decreased By ▼ -0.35 (-0.49%)
SSGC 28.93 Decreased By ▼ -0.38 (-1.3%)
TBL 9.84 Decreased By ▼ -0.12 (-1.2%)
TELE 8.76 Decreased By ▼ -0.23 (-2.56%)
TPL 16.45 Decreased By ▼ -0.07 (-0.42%)
TPLP 12.10 Decreased By ▼ -0.67 (-5.25%)
TREET 22.80 Decreased By ▼ -0.26 (-1.13%)
TRG 60.03 Decreased By ▼ -0.42 (-0.69%)

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.