Govt should focus on Industrialization:SCCI

Adil Mahmood, President of Sheikhupura Chamber of Commerce and Industry insisted the government to focus on industrialization instead of distributing Rs 12500 among poor people. The promotion of industry would generate more jobs by guaranteeing prosperity of labour class. As the government has taken steps to rationalize taxes and duties to increase the tax payer base, this will remove unnecessary hurdles by Federal Board of Revenue in the expansion of the businesses. This will facilitate in the growth of both small and large businesses for the overall benefit of the economy. The shift of industry from China to Pakistan would go a long way for the both countries. As the joints ventures would weak the effects of US controls on Chinese companies, this will promote industry in our country. Prime Minister Imran Khan took bold and difficult decisions to steer the economy in the right direction.