Country’s economy is on the verge of collapse, warns CJP

Says commercialization eating up industrial units as there is ‘black economy’ in country: Economy now limited to only building housing societies: SC cancels allotment of all welfare plots in Karachi

By: News Desk
Published: 12:47 PM, 26 Nov, 2021
Country’s economy is on the verge of collapse, warns CJP
Caption: File photo.
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Chief Justice of Pakistan Justice Gulzar Ahmad on Friday remarked that the national economy was on the verge of collapse and the commercialization has eaten up industrial units, reported 24NewsHD TV channel.

Justice Gulzar Ahmad made the remarks while hearing different cases at the Supreme Court’s Karachi Registry.

Cancelling the allotment of welfare plots in Karachi, the Supreme Court barred the owners of Cooperative Housing Society Union, Bahadurabad from raising structures on these plots.

Chief Justice of Pakistan (CJP) Justice Gulzar Ahmad also sought from the concerned officials a report on the legal status of the Al-Bari Tower.

Hearing the case of occupation of plots in Cooperative Housing Society Union, Bahadurabad, the CJP said there was a ‘black economy’ in the country.

He noted with concern that commercialization had spread so rapidly in the country that people had shut down their industrial units and were investing in housing societies instead. “There is a need to change this mindset,” he asserted. 

CJP Gulzar remarked that the country’s economy had reached ‘dead stock’. “Ministry of Housing and Works has changed the layouts of all the housing societies,” he said, and added that such was the pathetic state of Karachi’s Sindhi Muslim Society’s streets that one could not even walk. “Karachi is no more a city worth living now. We have seen its destruction since housing societies, markets and shopping plazas have sprung up here and there,” the CJP regretted. 

He further said that the country’s economy had now been limited to building housing societies and buildings.

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Admonishing the Ministry of Housing and Works secretary on the occasion, CJP Gulzar remarked his ministry had sold out each and everything in the port city. “Your ministry had even sold out the Hill Park,” he said, adding a person sitting in Islamabad had no idea what was going on in your ministry. 

The secretary admitted that the allotments of all plots in Bahadurabad’s Cooperative Housing Society were fake. 

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This is one such case, the chief justice went on to add, which had come under the scanner. “Only Allah (The Almighty) knows what mess you people have created,” he said while addressing the Ministry of Works secretary. 

When Junaid Mangda, of Jinnah Cooperative Society, told the court that the land on which his society had been built was all legal, the CJP replied that a community center was allotted to a community center. “But here the center has been registered in your name,” he reminded.

Reporter Bilal Ahmed