LAHORE - The Lahore Chamber of Commerce and Industry Tuesday severely criticised the government decision to import tractors saying that it would hit the local industry hard. In a joint statement issued on Tuesday, the LCCI President Mian Muzaffar Ali, Senior Vice President Tahir Javaid Malik and Vice President Irfan Iqbal Sheikh said there is no point in spending much-needed huge foreign exchange on the import of tractors when the local industry has both the ability and the capacity to fulfil the demand. They said that the decision if implemented would not only hit the investment of billions of rupees made by the 400 vendors of auto industry but was bound to give bad name to the govt as it might cost thousands of workers attached with this industry of their jobs and the graph of unemployment would touch new heights. The LCCI office-bearers said that wisdom lies in the withdrawal of this decision immediately as facilitation to the one sector should not be at the cost of other. They said that at the moment when the whole industry was passing trough the most critical times of its history, the bureaucracy was busy in making moves to defame a people and business-friendly government. The LCCI office-bearers said that only a few days back the present government had secured loan from the International Monetary Fund to support in starving foreign exchange reserves and if the decision was implemented, it is beyond one's perception that from where the money for these tractors would come from. They said that it would further deepen the ongoing financial crises and economy would not be able to be back on rails. It is pertinent to mention here that President Asif Ali Zardari on Monday asked the Zarai Taraqiati Bank and the Ministry of Agriculture to implement Benazir Zarai card and tractor schemes for small farmers from next month. Under the Benazir tractor scheme, 20,000 tractors will be provided to small farmers and the government will provide Rs 200,000 subsidy on each tractor.