PESHAWAR
\nSarhad Chamber of Commerce and Industry Fuad Ishaq out-rightly rejected the recent unprecedented increase from 300 to 355 percent in fixed charges of electricity for industrial consumers, stating that imposition of fixed charges on domestic consumers is highly unjust, which would further make life of common man miserable.
\nIn a statement here on Saturday, Mr Ishaq said the major increase in fixed charges was tantamount to destruction of industries and burying people alive.
\nThe chamber president warned of the government for launching an agitation campaign.
\nHe also made it clear that if in case, the decision couldn\u2019t be withdrawn immediately, aggressive and harsh steps would be taken against unfair and unjust hike in fixed charges, and government and relevant authorities will be responsible for any unfortunate incident, he added.
\nThe SCCI president said the government and NEPRA had made a whopping increase in fixed charges from 300 to 355 percent for industrial consumers, which was completely unjust, unfair and pushed industry to further destruction and was tantamount to putting the last nail in the coffin of this important sector.
\nAttempts are initiated to add the ordeals of the business community, which is highly condemnable, Fuad Ishaq said.
\nHe vowed the business community will strongly resist anti-industry and business policies and be forced to widely agitate.
\nOwing to flawed policies of the government, he added, the industrial growth has slowed down and a number of units were shut down in the province.
\nHe warned industries will completely close and trigger further unemployment so it is essential to revisit overall policies and let industries and economy flourish.
\nThe SCCI chief said it is totally incomprehensible that consumers are already paying charges on units and there is no justification for imposing fixed charges on consumers, he added.
\nFuad Ishaq demanded privatization of all power distribution companies (DISCOs) if those discos which were unable to sale like Pesco, so such one should be handed over to the Pakistan Army.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR Sarhad Chamber of Commerce and Industry Fuad Ishaq out-rightly rejected the recent unprecedented increase from 300 to 355 percent in fixed charges of electricity for industrial consumers, stating that imposition of fixed charges on domestic consumers is highly unjust, which would further make life of common man miserable. In a statement here on Saturday, […]<\/p>\n","protected":false},"author":2,"featured_media":414033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-414008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n