Home / Knowledge / News / Textiles / APTMA Chairman lauds govt for 40% relief on power bills
APTMA Chairman lauds govt for 40% relief on power bills
27
Oct '08
Mr. Muhammad Iqbal Ebrahim, Chairman, All Pakistan Textile Mills Association (APTMA) has lauded the decision of Special Committee constituted by the Prime Minister, Syed Yousuf Raza Gilani under the Chairmanship of Raja Pervez Ashraf, Minister for Water & Power to review the issue of increase in power tariff to provide interim relief of 40% on current power bills.

In a statement issued to the press Mr. Muhammad Iqbal Ebrahim, Chairman – APTMA welcomed the constitution of Sub Committee headed by Ms. Hina Rabbani Khar, Special assistant to the Prime Minister on Economic Affairs comprising of senior parliamentarians, bureaucrats and representatives of Private Sector to review the tariff issue and submit its recommendations acceptable to all the stakeholders to the Special Committee for its consideration and final approval.

Chairman APTMA has appreciated the efforts of Dr. Muhammad Farooq Sattar, MNA and confident that he would play his due role and look after the interest of the stakeholders and the country. Chairman APTMA also appreciated the role of Raja Pervez Ashraf, Mr. Shaukat Tareen, Ms. Hina Rabbani Khar and other government officials.

Chairman APTMA further said that the constitution of Special Committee to review the unprecedented increase in power tariff and to find out its solution acceptable to all the stakeholders is government's right step in right direction otherwise it would have an adverse impact on the industrial sector which is already facing multifarious problems including high cost of doing business. Skyrocketing inflation has already eroded the purchasing power of the general public, as such people deserve every possible relief to lessen some pressure on them and hoped that committee will come out with positive news for business and industry as well as general public, he added.

Mr. Iqbal Ebrahim demanded the government to bring down the prices of oil and petroleum products including Furnace Oil as the price of oil in the international market has already dropped down in the bracket of 60-65 % per barrel because the business community and the general public has pinned lot of hopes from the present democratic government for their better future.

All Pakistan Textile Mills Association (APTMA)

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X