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All industries are in survival mood except some: Faraz ur Rehman

News Desk by News Desk
April 29, 2021
Faraz-ur-Rehman KATI
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KARACHI – Senior Vice President KATI Faraz ur Rehman said All industries are in a survival mood except some, front line industries, and in the automobile sector greenfield main industries is in the win-win situation but revenue lost for government,

The supporting industries of the automotive industry fall down due to unjustified policy for all manufacturers even if they are fall in the brownfield the connected industries can survive.

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The GDP is 100 percent artificial Further there are many new policies that should be implemented on an equal basis, New value-added machinery imports, for all sectors should be free.

We must stop waisting foreign exchange in value added items,

we must implement imediate relief to farmers and give the raw land for farming and cultivation with 0 markup loan for technology upgrade.

It is backbone for any country to first focus on their own local market need, which is neglected due to give benefits to some commercial importer, it is needed to transfer technology instead of buying technology,

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