AIRLINK 78.61 Increased By ▲ 5.08 (6.91%)
BOP 4.65 Decreased By ▼ -0.02 (-0.43%)
CNERGY 4.03 Increased By ▲ 0.02 (0.5%)
DFML 36.48 Increased By ▲ 0.39 (1.08%)
DGKC 88.25 Increased By ▲ 1.70 (1.96%)
FCCL 22.29 Increased By ▲ 0.31 (1.41%)
FFBL 30.15 Increased By ▲ 0.14 (0.47%)
FFL 9.18 No Change ▼ 0.00 (0%)
GGL 9.92 Increased By ▲ 0.06 (0.61%)
HASCOL 6.11 Decreased By ▼ -0.14 (-2.24%)
HBL 105.00 Decreased By ▼ -0.01 (-0.01%)
HUBC 137.50 Increased By ▲ 0.05 (0.04%)
HUMNL 10.65 Decreased By ▼ -0.10 (-0.93%)
KEL 4.64 Increased By ▲ 0.15 (3.34%)
KOSM 4.00 Increased By ▲ 0.01 (0.25%)
MLCF 37.13 Increased By ▲ 0.43 (1.17%)
OGDC 119.19 Decreased By ▼ -0.21 (-0.18%)
PAEL 23.98 Increased By ▲ 0.01 (0.04%)
PIBTL 6.07 Increased By ▲ 0.02 (0.33%)
PPL 114.05 Increased By ▲ 1.55 (1.38%)
PRL 23.17 Increased By ▲ 0.36 (1.58%)
PTC 12.20 Increased By ▲ 0.30 (2.52%)
SEARL 59.05 Increased By ▲ 0.65 (1.11%)
SNGP 61.98 Increased By ▲ 0.87 (1.42%)
SSGC 9.76 Increased By ▲ 0.11 (1.14%)
TELE 7.67 Increased By ▲ 0.12 (1.59%)
TPLP 9.48 Decreased By ▼ -0.06 (-0.63%)
TRG 63.72 Increased By ▲ 0.62 (0.98%)
UNITY 26.85 Increased By ▲ 0.05 (0.19%)
WTL 1.30 Increased By ▲ 0.01 (0.78%)
BR100 7,583 Increased By 39.5 (0.52%)
BR30 24,238 Increased By 202.6 (0.84%)
KSE100 72,797 Increased By 207.9 (0.29%)
KSE30 23,213 Increased By 76.4 (0.33%)
Pakistan Print 2020-04-07

PCMA for exempting chemical industry from Section 144

The chemical industry has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section-144, otherwise production of over 23 essential items including exportable products of textile, garments and leather industri
Published 07 Apr, 2020 12:00am

The chemical industry has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section-144, otherwise production of over 23 essential items including exportable products of textile, garments and leather industries would be stopped.
Pakistan Chemical Manufacturers Association (PCMA) Chairman Abrar Ahmad in a letter to the home secretaries of Punjab and Sind have said that chemical industry is contributing Rs35 billion in the form of taxes and US $12 billion in national GDP and it is also providing 400,000 jobs with an income multiplier of 4.2 and with job multiplies of 7.8.
He claimed that almost all the industries are dependent upon chemical industry for input chemicals to produce their products. He said the association has identified about 23 essential products which would not be produced if chemical industry does not resume operation to make input-chemicals for them.
These industries include food, pharma, soap, detergents, fertilizers, pesticides, construction, power plants, water treatment plants, export oriented industries like textile, garments, cotton gloves, allied fabrics knitted & woven dyed, home care, body care, health care, sanitizers, hand wash, shampoos, laundry soap, laundry detergent powders and leather industry.
Currently, chemical manufacturers have huge orders piled up from the forward linkage industries, but unfortunately the chemical industry has not been included in the industries whose operations are exempted from enforcement of Section 144.

Copyright Business Recorder, 2020

Comments

Comments are closed.