LAHORE - Central chairman of Pakistan Hardware Merchants Association (PHMA) Sardar Usman Ghani has demanded of the government to immediately lift ban on purchase of machinery as government was the buyer of 30 per cent of the total sale of machinery and spare-parts in the country.
In their budget proposals forwarded to the FBR, the Central Chairman PHMA said that owing to ongoing unprecedented energy crisis the machinery and spare parts sales had already gone down by almost 40 percent therefore the government should rescue this important sector of the economy as the total volume of the hardware is between 3 to 4 billion dollars.
He said that the step motherly attitude of the government is not only depriving the government of much-needed revenue but also denting its efforts aimed at alleviating the poverty from the country.
He said that the hardware sector is one of the biggest sectors of the economy and covers constructional hardware, architectural hardware, agricultural hardware, houseware, white goods, industrial hardware, tools and power generation equipment while the number of people attached with this sector directly or indirectly runs into millions there due attention for its uplift would go a long way for the revival of the economic activities in the country.