Corrupt industrialists and traders are robbing the public | Poverty will continue to increase due to continued corruption
\n ISLAMABAD
\nBusiness leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Sunday that it is regrettable that there is no action against the profiteering mafia that is continuously robbing the public.
\nHe said that corrupt industrialists and traders are robbing the public, against whom action should be taken, and relief should be given to the public.
\nShahid Rashid Butt said in a statement issued here that the government\u2019s focus is on economic development, but attention is not was paid to eliminating corruption.
\nHe said that recently an international organization has also published its report indicating an increase in corruption in Pakistan.
\nThe business leader said that along with economic development, action should be taken against profiteering industrialists, especially those involved in sugar, steel, building material, ghee, and cooking oil businesses.
\nHe added that government institutions should eradicate corruption to provide relief to the public and enable sustainable development.
\nShahid Rasheed Butt said that corruption has brought the country to the brink of disaster, against which strict measures are necessary. Transparency International\u2019s report on the rise in corruption in Pakistan is concerning and warrants attention.
\nHe said that corruption is widespread in most developing countries and has engulfed all levels of government. Government officials are deliberately involved in economic mismanagement for personal gains.
\nAlthough very strict laws have been made against corruption in many countries and many other institutions have been established to implement them, corruption continues despite all this.
\nThe scope of corruption in many countries of the world has become so wide that the people are forced to understand that there is no point in raising their voice or launching a movement against it because corruption has spread to the highest levels.
\nAn economic, administrative, social, and political structure has emerged in Pakistan, which has resulted in selfishness, personal gain, bribery, show-offs, lawlessness, red tape operations, nepotism, the growth of tax evasion, laziness, work theft, improper and substandard use of government resources, extensive bureaucratic powers, and a huge increase in unproductive government expenditure.
\nHe noted that corruption is a disease that hollows out society from within and leads to an increase in poverty. According to the World Bank, the poverty rate in Pakistan has reached 51%, and 100 million people are trapped in the mire of poverty; their number is increasing.
\nCorruption has permeated the entire society, making the rich richer and the poor poorer; therefore, a rapid increase in corruption in recent years must be kept under control.<\/p>\n","protected":false},"excerpt":{"rendered":"
Corrupt industrialists and traders are robbing the public | Poverty will continue to increase due to continued corruption ISLAMABAD Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Sunday that it is regrettable that there is no action against the profiteering mafia that is […]<\/p>\n","protected":false},"author":2,"featured_media":435434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-462011","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n