The prolonged gas supply suspensions in Punjab is also giving sense of victimization of the people of the province. “Punjab is the part of Pakistan and whatever is being manufactured in this province carries the “made in Pakistan” label not the made in Punjab tag, says RehanNaseemBharara, Vice President of Faisalabad Chamber of Commerce and industry FCCI adding that “if there is gas shortage it should be shared by all provinces equally but only Punjab is targeted”. “The exports from the country are hit by the crisis due to wrong decision of the government. In past we would compete with India, China and Bangladesh but now were are competing with ourselves”, Bharara observed.
The textile sector alone has the potential to exports more than $20 billion worth of products but the energy crisis is suffocating the growth of this sector. In response to a question that if the industrialists were looking for alternates Bharara said that large number of industrial units were at the verge of default and in this situation costly conversion seems beyond question.
Pakistan’s central banks says that the country’s economy will not grow by 4.2 percent as its was anticipated mainly due to energy shortages. The SBP also pinpointed the fact that the government did not addressed the issue of energy crisis and instead introduced costly rental power projects which eventually proved flood gate of corruption in Pakistan.
The burgeoning corruption has infected pyramid of Pakistani society. From top to bottom the stories of money making through corrupt practices are now common things even hajis were not spared. Though the prime minister denies the allegation but the recent episode of khurramRasol has confirmed the existence of corruption. How it is possible that a man sitting next to the office of prime minister makes deals and PM did not get air of it? Amen Ahmed questions.