Costly electricity: Power looms owners announce closing industry from Feb 01

By: News Desk
Published: 08:01 PM, 26 Jan, 2022
Costly electricity: Power looms owners announce closing industry from Feb 01
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On the issue of expensive electricity rates, the power looms owners have threatened the government to shut their industry from Feb 01, 2022.

According to the 24News HD TV channel, the power looms owners held a protest demonstration in Faisalabad on Wednesday.

They blocked Ghanta Ghar, a central point of the city, for any traffic and burnt tyres. They chanted slogans against the government for its bad economic policies.

The textile-related businessmen have shown their serious concerns over the power looms closure issue and said the prices of cloths would increase by this.

They also said by closing the power looms, hundreds of thousands of workers would become unemployed. They urged the government to resolve their issues.

Reporter: Fazail Ahmed