12.7 C
Islamabad
Sunday, November 17, 2024

10 Day Closure of Factories and Business will Have Serious Economic and Social Consequences ; Gohar Ejaz

Must read

Six Terrorists Consigned to Hell: Seven Brave Sons of the Soil Martyred

Spokesman Report Rawalpindi:On night 15/16 November 2024, terrorists attempted to attack a security forces’ post in general area Shah-e-Mardan of Kalat District. Own troops faught gallantly...

TRNC marks 41st Anniversary with renewed calls for sovereignty and global recognition

Naveed Ahmed Khan                    Photo by Ramzan Mughal Islamabad — The Turkish Republic of Northern Cyprus (TRNC) commemorated...

Those resorting to protest won’t succeed, says Nawaz Sharif

Spokesman Report LONDON: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif, Punjab Chief Minister Maryam Nawaz and others left for Pakistan on...

Daily The Spokesman November 16 2024 PDF

Daily The Spokesman November 16 2024 PDF

Islamabad :The Patron in Chief APTMA, Gohar Ejaz has rejected the decision of the Government for Eid ul Fitr holidays from 10th to 16th May 2021. While expressing his concerns, stated that this will bring the whole country practically shut down for 10 days from Saturday, 8th May to Monday 17th May 2021. Shutting down the country for 10 consecutive days is unacceptable as it would create a lot of glitches for the economy, industries, particularly the exporters who will not be able to dispatch their shipments abroad due to the complete closure of banks, ports, customs, and all other departments during excessive holidays.  He warned that we cannot afford such extended holidays as they will result in giving losses of up to billions of rupees to the national exchequer and terribly affect business activities particularly the exports. Simultaneously, it will badly affect and deprive the daily wage earners of the country of their desperately needed earnings for continuous 10 days. Workers will find it impossible to feed their families creating a social disaster.

He particularly highlighted the Textile Industry that despite the issues and hardship, committed to double the exports. Textile manufacturers have orders in hand and are working day and night to dispatch shipments according to the agreed schedule. This decision will end up in the cancellation of orders which will not only result in losses to manufacturers but also to the country.

Keeping in view the social overall business climate and economic crises being faced by the country, Mr. Gohar Ejaz requested the Government to review the decision of Eid ul Fitr holidays from 10th to 16th May 2021. The holidays should only be from 13th to 16th May 2021. The government should not shut down production and transportation for 10 days as the country simply cannot sustain such production and export loss.

- Advertisement -10 Day Closure of Factories and Business will Have Serious Economic and Social Consequences ; Gohar Ejaz

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -10 Day Closure of Factories and Business will Have Serious Economic and Social Consequences ; Gohar Ejaz

Latest article

Six Terrorists Consigned to Hell: Seven Brave Sons of the Soil Martyred

Spokesman Report Rawalpindi:On night 15/16 November 2024, terrorists attempted to attack a security forces’ post in general area Shah-e-Mardan of Kalat District. Own troops faught gallantly...

TRNC marks 41st Anniversary with renewed calls for sovereignty and global recognition

Naveed Ahmed Khan                    Photo by Ramzan Mughal Islamabad — The Turkish Republic of Northern Cyprus (TRNC) commemorated...

Those resorting to protest won’t succeed, says Nawaz Sharif

Spokesman Report LONDON: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif, Punjab Chief Minister Maryam Nawaz and others left for Pakistan on...

Daily The Spokesman November 16 2024 PDF

Daily The Spokesman November 16 2024 PDF

Kim Jong-un’s Anti-National Actions Cannot Suppress the North Korean Soldiers’ Yearning for Freedom

Kim Min-hyuk Recently, Kim Jong-un not only proposed a "Two Hostile States Theory" that denies national unity and reunification, but he also amended the constitution to solidify...