LCCI urges to overcome load-shedding

By AFP
April 04, 2012

LAHORE: The Lahore Chamber of Commerce and Industry called upon the government to take adequate steps for overcoming...

LAHORE: The Lahore Chamber of Commerce and Industry called upon the government to take adequate steps for overcoming load-shedding in the city.

In a joint statement issued here Wednesday, LCCI President Irfan Qaiser Sheikh, Senior Vice President Kashif Younis Meher and Vice President Saeeda Nazar said that load-shedding was adversely affecting the country's economy besdies rendering thousands of workers jobless and hitting daily wagers badly.

They said that most of industrial units had already reduced their working to single six-hour shift from the previous three shifts system.

This had led to increased level of raw-material wastage, making production process non-profitable.

Now the leading industrial units were experiencing losses despite being managed professionally.

The LCCI office-bearers appealed to the President and Prime Minister to take notice of the grave situation to save industrial and social fabric of the country.
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