Even after the introduction of regionally competitive gas price at
Recently, the Power Division moved a summary to the Economic Coordination Committee (ECC), seeking removal of gas price disparity amongst zero-rated industries of Punjab, KP and Sindh.
It was recommended in the summary that from
According to sources, the ECC deliberated on the division's recommendations but deferred the matter till next meeting.
An ECC member, on the condition of anonymity, informed this scribe that the committee is 'actually waiting for the approval of the long-term textile policy' by Prime Minister
Sources believed that the summary regarding uniform gas prices should have been approved.
'It is strange that we haven't approved it [summary] and ignored the fact that textile industry is the mainstay of our economy with 8.5pc share in GDP (
As per the figures available with this scribe, out of
When asked about the disparity in gas prices, APTMA Punjab's Senior Vice Chairman
'Despite regionally competitive gas pricing being an integral part of the PTI election manifesto, and an ECC decision in this regard in
Sheikh highlighted that the uniform rate has only been applicable till
'In the absence of long-term commitment, no one can plan to install new factories,' he stated.
© Pakistan Press International, source