• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Time of Pakistan
No Result
View All Result
Home Business

Heavy rains hamper business activities in Karachi

Jameel Ahmad by Jameel Ahmad
August 17, 2021
in Business, Sindh
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Restaurants suffer losses worth billions of rupees due to negligence of authorities

Rains and urban flooding have triggered the suspension of most of the business activities in the metropolis. Restaurants, small and big stores as well as other shops across the city have remained submerged in rainwater, suffering losses worth billions of rupees.

The business community has requested the Sindh government and other authorities to ensure immediate drainage of water to save businesses, particularly restaurants, from further devastation so that business activities could resume.

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar said heavy rains had inundated the entire city, severely damaged roads and exposed the already weak infrastructure.

“Rainwater has entered factories, warehouses and residential areas, causing heavy losses to the business community at large,” he lamented.

“Most parts of the city remain without electricity, generators are not working either as people have run out of petrol, which has halted the drainage of rainwater in factories, warehouses and other workplaces.”

All Pakistan Restaurant Association Convener Athar Chawla, while expressing concern over the urban flooding and a lack of drainage system, requested the government, DHA, CBC and other departments concerned to ensure speedy drainage to protect their industry from further devastation so that business activities could restart.

Chawla said due to record-breaking downpour in most parts of the metropolis, especially Defence, Clifton, PECHS, North Nazimabad, Haideri, Gulshan-e-Iqbal, Gulistan-e-Jauhar and other areas, restaurants in these areas were submerged and the rainwater was still not drained out. Owing to that, the stock of food items had been affected badly while kitchens and furniture of the restaurants had been destroyed, he said.

“Restaurant owners are trying to drain water but due to accumulation of stagnant rainwater outside the restaurants, they are facing difficulties in the drainage process,” he said, adding, “Four days have passed since the heavy downpour but the DHA, CBC and other departments concerned have not made any arrangements for drainage from the restaurants.”

“The restaurant industry has lost billions of rupees due to the negligence and incompetence of these institutions.”

Chawla stated that power supply should be restored immediately in the areas where water had been removed and financial assistance should be provided to the restaurant industry to minimise the damage caused by the rainfall so that they could get back on their feet.

“Otherwise, millions of workers are at risk of becoming unemployed,” he warned. The city, which contributes more than 60% of the revenue and is the hub of Pakistan’s economic activities, is left at the mercy of the nature and relief measures are inadequate,” said the FPCCI president.

Previous Post

Pakistan to Decide on School Reopening in Sept 7 Meeting

Next Post

Custom Masks, Coronavirus and Black Lives Dominate VMA show

Jameel Ahmad

Jameel Ahmad

Related Posts

IMF
Pakistan

Pakistan Secures $7 Billion IMF Loan as Government Plans Stricter Measures for Taxpayers—Here’s What’s Coming Next

by Jameel Ahmad
September 13, 2024
Shehbaz Sharif
Pakistan

PM Shehbaz Hails Economic Progress: ‘Inflation Decrease and Credit Rating Upgrade Signal Positive Turn for Pakistan’

by Jameel Ahmad
September 2, 2024
IMF
Pakistan

Diplomatic Titans Rally Behind Pakistan’s Economic Revival

by Jameel Ahmad
March 21, 2024
Pakistan Stock Exchange
Business

Pakistan Stock Exchange Plummets by Over 1,000 Points Amid Political Uncertainty

by Jameel Ahmad
February 16, 2024
Pakistan Stock Exchange
Pakistan

PSX Skyrockets Over 1,000 Points, Smashes Through 48,000 Barriers to Reach Two-Year High

by Jameel Ahmad
July 31, 2023
Salaried class income tax
Pakistan

Salaried Class Bears Nearly 200% More Tax Burden Than Exporters and Retailers

by Jameel Ahmad
July 26, 2023
US Dollar
Pakistan

PKR Strengthens by Rs15 Against US Dollar in Interbank Market Following IMF Approval

by Jameel Ahmad
July 4, 2023
Next Post
Custom Masks, Coronavirus and Black Lives Dominate VMA show

Custom Masks, Coronavirus and Black Lives Dominate VMA show

Popular Stories

    Time of Pakistan

    About Times Of Pakistan

    kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

    Other Categories

    • Beautiful Pakistan
    • Fashion News
    • Funny News
    • Viral Videos
    • Weird News

    Recent Posts

    • 11th J.A. Zaman Memorial Open – Powered by Gem Golfers
    • Imran Khan and Bushra Bibi Sentenced to Jail in £190 Million Case
    • World’s Largest Submarine Cable Arrives in Pakistan: Could This End Internet Woes?

    Times Of Pakistan © 2024. Design & Developed by E2E Solution Providers.

    No Result
    View All Result
    • Home
    • Pakistan
    • International News
    • Business
    • Sports
    • Entertainment
    • Opinion

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In