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Punjab markets to close at 9pm under power-saving plan: sources

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3 years ago

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  • Sources say under first phase of power-saving plan, restrictions have been imposed for two months.
  • Govt has completed consultations with trade associations and chambers.
  • LCCI chief says implementation of a power-saving plan will help save electricity and petrol.

LAHORE: The Punjab government on Saturday decided to implement a power-saving plan under which markets across the province will shut down at 9pm in order to save electricity, Geo News reported, citing sources.

According to sources, the government has completed consultations with trade associations and chambers and the plan will be implemented next week.

Under the first phase of the power-saving plan, the restrictions have been imposed for two months.

Moreover, the sources revealed that the government is also considering closing restaurants earlier.

Commenting on the proposal, Lahore Chamber of Commerce and Industry (LCCI) President Nauman Kabir said that the traders are on board with the government on all sorts of plans related to the national interest.

“Implementation of a power-saving plan will help save electricity and petrol,” he added.

Sindh markets to also close at 9pm

A day earlier, the Sindh government announced that markets across the province will shut down at 9pm to save electricity as the country witnesses constant power outages.

The measure, which will remain in effect till July 16, is in response to the prevalent outages, and load shedding of the electricity and seeks to reduce the shortfall between the supply and demand of electricity, according to the notification.

According to the notification, it was decided that the morning hours must be utilised for business activities. 

All markets and shopping malls shall close by 9pm, the notification said, adding that this does not extend to medical stores, pharmacies, hospitals, petrol pumps, CNG stations, bakeries and milk shops.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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