SAMBRIAL - Some leading exporters have said that the uncontrolled hike in petroleum products' prices would prove economic murder of the people especially of Sambrial, Pasrur, Daska and Sialkot industrialists.
They said that the recent rise had made it very hard for the exporters to stay in competition in the international trade markets with India, China, Nepal, Taiwan and Thailand.
Talking to TheNation, these leading exporters voiced against the increase and strongly criticised the government for the recent increase. They said that it would leave bad affects on the local industries of sports goods, surgical, leather and musical instruments, besides bringing some unbearable decline in the exports.
Meanwhile, Sialkot's all main trade bodies namely Sialkot Chamber of Commerce and Industry, Pakistan Sports Goods Manufacturers & Exporters Association, Pakistan Hosiery Manufacturers Association Sialkot, Surgical Instruments Manufacturers Association, Pakistan Gloves Manufacturers & Exporters Association, Pakistan Readymade Garments Manufacturers & Exporters, the Daska Engineering & Industrial Association and Markazi Anjuman Tajraan have strongly rejected the recent increase in POL prices. They urged the government to withdraw the increase.
They said that the increase would definitely raise the cost of production of all the export items, besides ousting the Sialkot exporters from the competition in international trade markets, as the other countries including India, China, Nepal, Taiwan and Thailand were producing comparatively cheaper such products as compared to Pakistan.
The increase in prices of petroleum products has drawn stern reaction from people who see it as another factor to cause price hike in the coming days. People said that the government was not caring enough for the problems of common man. They said that the situation had become unbearable for them, as the foreign buyers were canceling their export orders.
They said that the situation was also causing a big decline in exports. They said that the foreign buyers were diverting their export orders to the other countries from Sialkot-Pakistan and this situation could also prove a setback for the national economy.
Principal appointed: DCO Ihsan Ahmad Bhutta appointed Major (r) Muhammad Aslam as Principal Divisional Public School (DPS) Burewala here the other day. Meanwhile, the local residents and different social organizations have welcomed the appointment and hoped that he will work for the betterment of the school.