Summary Pakistan Workers Confederation announces nationwide strike on Wednesday against POL price hike.
ISLAMABAD (Web Desk) - The local business community has strongly opposed the recent hike in petroleum products and called upon the government to review its decision as it will leave bad impacts on business activities.
In a meeting at Islamabad Chamber of Commerce & Industry president Islamabad Chamber of Commerce and industry Zafar Bakhtawari said that hike in POL prices would have highly negative impact on business, industry and the overall economy. It would also increase inflation causing more miseries for the common man.
He said that instead of hiking electricity and POL prices, government should work for facilitating the growth of business activities and serving the cause of common man. He said the election of new government had created lot of hopes in businessmen for better business prospects but such measures have disappointed them as hiking utility and POL prices would tend to hurt trade and industry as well as discourage new businesses in the country.
He said the government has already made a historical increase in the power tariff ranging from 25 percent to 60 percent for commercial, industrial and bulk consumers while more than four percent hike in petrol and more than two percent hike in diesel prices would further increase cost of doing business in the country and make our exports very uncompetitive in international market.
He said that not only the transportation cost of goods will multiply but the fares of public transport will also increase, which will cause great problems for the poor commuters. He advised the government to make maximum efforts for avoiding taking such anti-trade, anti-industry and anti-people measures in the larger interest of the country.
Meanwhile, Pakistan workers confederation (PWC) has announced to observe nationwide strike on Wednesday (Sep 04) against recent hike in petroleum prices.
According to details, Pakistan workers confederation has announced to go on strike to lodge their protest against price hike in petroleum prices, privatization of different department that will make hundreds of people unemployed. Officials of the PWC said that they will protest throughout the country against the anti labor initiatives of the current government and on Sep 04.
They said that in this regard hundreds of workers will held a protest rally at Benazir Bhutto Road (Murree Road). The rally will start from the Press Club Liaqat Bagh at 10:30 and proceed to SBB Road to demonstrate.
