By Abdul Moid
ISLAMABAD - Trading community of the capital on Tuesday rejected the measures aimed at energy conservation and boosting tax collection terming it disastrous for country and fatal for economy.
The prevailing tough situation is direct result of the incompetency of government while measures announced by the authorities amounts to economic annihilation of the business community, said leaders of Traders Welfare Association (TWA).
Speaking at a hurriedly called Malik Sagheer Ahmed, Chairman TWA and Malik Sohail Hussain, President TWA, said that energy conservation measures and new income tax forms will result in massive unemployment which will trigger unrest as well as extremism.
They said that business community and masses are not ready to pay the price of incompetence of the government functionaries. Malik Sagheer and Malik Sohail said that decisions taken by the baboo shahi without consulting stakeholders have proved useless in the past and it will not work in the future. Trade leaders of the federal capital's commercial district said that those who have always cheated trading community and ditched them for personal interests have now formed a new group in the name of All Traders Welfare Association. They have a controversial and partial executive board, it lacks any constitution, election schedule and have failed to publish voters list so that it can be scrutinised, they said. The business leaders said that rejected elements have formed such groups in past to derail business community but now they stands unmasked therefore they have lost any support.