ISLAMABAD / PESHAWAR-Muhammad Ahmed Waheed, president of the Islamabad Chamber of Commerce and Industry (ICCI), has urged the government to allow business openings for a limited time with preventative protocols since April 14, 2020.
He said that the corona virus pandemic had caused the closure of business and industry because business activities were suffering greatly.
He said that Prime Minister Imran Khan had announced to open construction industry activities from April 14, 2020 while the district government had also allowed to open several businesses with protection protocols. He said that the rest of the business must also be left open for a limited time after taking appropriate protective measures.
Muhammad Ahmed Waheed said that because of the closure of the industry, workers were unemployed but at our request, industrialists provided daily food items while no workers were considered unemployed.
However, he said that if the lockup continued for a long time, it would be impossible for industrialists to pay monthly wages to them without work.
He said that the bank had not yet given concessions in loan installments and mark-up to the business while loan repayments had also not been deferred.
He appealed to top government officials to give sympathetic consideration to business requests to delay bank loans and increase their prices for several months.
The President of the ICCI also stressed the business community to fully comply with the SOP issued by the government and district administration regarding preventive measures against coronavirus and take all necessary precautions for the safety and protection of workers and their customers from this pandemic.
Tahir Abbasi, Senior Vice President, and Saif ur Rehman Khan, Vice President of ICCI, said that small traders earned income like daily bets and urged the government to postpone their utility bills for several months in addition to giving them interest-free loans up to Rs. 0.6 million so they can revive their business.
Meanwhile, the Khyber Pakhtunkhwa Textile Factory Association (KPTMA) has urged the Khyber Pakhtunkhwa government to pursue the case of delayed income tax returns and the suspension of their electricity and gas bills in the past two months.
In a letter written by KPTMA Chair Saleem Saifullah to the Secretary of Industry, Khyber Pakhtunkhwa, the provincial government has been asked to further recover deferred utility bills during the period from July 2020 in the same ten installments to provide assistance to the provincial textile industry shaken due to the impact of the virus pandemic corona. The steps, said the head of KPTMA, would help the provincial textile industry in the timely payment of wages / salaries to their workers.
In his letter, Saifullah also expressed his gratitude to the provincial government for expanding cooperation and quick actions taken in the past and had expressed the same reaction this time too. He said that the textile industry in Khyber Pakhtunkhwa was already facing a severe liquidity crisis, which was increasingly pressing industry changes because it was locked in the country and around the world and could not even bear staff salaries.
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