ICCI calls for streamlining supply system to reduce inflation - AsiaNet-Pakistan

ICCI calls for streamlining supply system to reduce inflation

December 28, 2020 | | Share:

Islamabad, December 28, 2020 (PPI-OT): Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry said that the common man was facing great difficulties due to high inflation and emphasized that Market Committee Islamabad should focus on streamlining the supply system in order to bring down the prices of daily used items that would provide good relief to the people.

He said this while exchanging views with Rosh Dil Khan Hoti, Chairman Market Committee Islamabad during his visit to ICCI. Director DMA Capt. Ali Asghar and Additional Deputy Commissioner General Rana Waqas also accompanied him. Abdul Rehman Khan Vice President ICCI, Muhammad Ejaz Abbasi former President ICCI, Ajmal Baloch President All Pakistan Anjuman-e-Tajiran, Khalid Chaudhry, Tahir Abbasi, Abdul Rehman Siddiqui, F-10 President Ahmad Khan, General Secretary Malik Naeem Iqbal, Ali Akram and others were also present on the occasion.

Sardar Yasir Ilyas Khan said that the imposition of fines or penalties would not help in reducing inflation, therefore, efforts should be intensified to streamline the supply and delivery systems. He assured that the business community of Islamabad would continue to cooperate with the Market Committee, DMA and district administration to resolve the issues causing inflation.

Speaking at the occasion, Rosh Dil Khan Hoti, Chairman, Market Committee, Islamabad said that in line with the vision of the Prime Minister, efforts were being made to bring down the prices of vegetables, fruits and other commodities. “Some items have become very expensive due to the volatile weather conditions, but with the right steps, their prices were gradually on the decline,” he said. He further said that a few stalls were allowed for the convenience of the people, however, no stall was allowed near any market. He said that all the stalls would be removed from the next week as the prices of vegetables and fruits were expected to come down in coming days.

Capt. Ali Asghar, Director DMA said that the cooperation of the business community was needed to remove the encroachments from Islamabad and instructions have been issued by the Chief Commissioner in this regard. He said that if anyone was facing any issue regarding trade license or board tax, he should approach the DMA Office.

Ajmal Baloch, President, All Pakistan Anjuman-e-Tajiran, Muhammad Ijaz Abbasi, Khalid Chaudhry, Tahir Abbasi, Ahmad Khan, Abdul Rehman Siddiqui and others also spoke at the occasion and gave many useful suggestions for controlling the prices of daily used items.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1, Islamabad, Pakistan
Tel: +92-51-2250526, 2253145, 8432676
Fax: +92-51-2252950
Email: icci@brain.net.pk, info@icci.com.pk
Website: www.icci.com.pk

The post ICCI calls for streamlining supply system to reduce inflation appeared first on Business News Pakistan.

Category: English, General Business News