LCCI informs govt that they’re in low cotton

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The Lahore Chamber of Commerce and Industry Thursday urged the government to announce a special package for ailing cottage industry to offset the financial losses it has suffered because of unprecedented and unscheduled power cuts and highest-ever electricity tariff. The LCCI Acting President Kashif Younis Meher was talking to a 25-member delegation of cottage industry belonging to Daroghawala, Bund Road, Dawood Colony and Baghbanpra and headed by Chairman All Pakistan Cottage Industry and Small Traders Ghulam Sarwar Malik. Haji Sultan Mehmood, Haji Barkat Munir, Mohammad Umer and Mian Mohammad Nasrullah were prominent among the delegates. Kashif Younis Meher said that the package for Cottage Industry must include one-slab low electricity tariff, power supply for at least 8 to10 hours at a stretch and its employees limit should be raised to 20 persons instead of existing five persons. The LCCI Acting President said that the high rates of electricity being charged from them and longer hours power cuts have totally destroyed the small businesses therefore the government should come up with a package of incentives in shape of cut in electricity tariff and power outages duration.