Quantcast
Tuesday , August 22 2017
Breaking News
Home / Business / Flawed load management plan, Finance Ministry overstepped Petroleum Ministry’s domain: PEW
Flawed load management plan, Finance Ministry overstepped Petroleum Ministry’s domain: PEW

Flawed load management plan, Finance Ministry overstepped Petroleum Ministry’s domain: PEW

ISLAMABAD: The government’s electricity and gas load management plan which prefers textile sector to the masses is flawed and faulty besides showing a major policy shift aims at pleasing the influential textile sector. But it will hardly work for a month only.

Pakistan Economy Watch (PEW) Dr Murtaza Mughal pointed out that the government’s new plan for energy load management was flawed and infeasible.

Dr Mughal asserted that the country’s malfunctioning energy system lacked the capacity to exempt the Punjab’s textile industry from loadshedding without compromising other critical sectors.

He regretted that how easily the finance minister ordered restoration of full gas supply to textile units in Punjab after a meeting with an APTMA delegation, ignoring other sectors benefiting millions of masses.

He claimed that the finance minister had overstepping the domain of the Ministry of Petroleum and Natural Resources by devising a controversial gas distribution formula.