FPCCI UBG urges to exempt industrial sector from gas, power load shedding.

ISLAMABAD -- The Federation of Pakistan Chamber of Commerce's United Business Group Sunday urged the government to exempt the industrial sector from gas and power load shedding to provide oxygen to fragile economy besides meeting exports targets timely.

Chairman Business Group Shahzad Ali Malik, in a statement issued here on Sunday said industry is backbone of the economy and all out incentives are offered to industry to contribute towards accelerating economic growth and social development in every sphere of life.

He said it is practiced world over that in case of power shortage, first priority is always accorded to industry followed by agriculture sectors then commercial and domestic.

He said industries are engine of growth so government in the larger national interests make sure uninterrupted supply of gas and power especially to export oriented industrial units otherwise our bleak economy will further suffer more losses rendering workforce jobless and on the other hand our

agricultural growth and production will be effected badly due to non availability of power and absence of required water needed for ploughing. Shahzad Malik said energy sector has been an important driver of...