Price hike in petroleum products can cause closure of small, medium industry.

Hyderabad Chamber of Small Trades and Small Industry vice president Mohammad Arif Memon has expressed deep concern on increase in petroleum products adding that it was casting adverse effects on country's economy. If government did not come to senses economy will face negative effects and small and medium industry might be closed causing industrial unemployment . Those with small industrial units may not continue their business. He reminded that backbone of country's economy depends on small and...