NewzShewz
No Result
View All Result
Monday, April 20, 2026
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Finance

A Plea for Change: The Tanning Industry’s Struggle

by NewzShewz Desk
August 23, 2024
in Finance
0
A Plea for Change: The Tanning Industry’s Struggle
16
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan Tanners Association (PTA has sought removal of MDI charges immediately to save the export the industry.


In a letter to Power Minister, Chairman PTA, Fazalur Rehman Shaikh has said that the Association is the second largest export industry in Pakistan and expressing its deep concern regarding the devastating impact of MDI charges on this sector.


He said, despite repeated pleas from different forums, these charges remain in place, threatening the very survival of manufacturing industry and the exporting sector.


According to Chairman PTC further stated that the imposition of MDI charges has made the country’s exports uncompetitive globally. without providing any benefits in terms of quality or services. This has resulted in a significant burden on the industry, particularly the export manufacturing sector. which is a vital foreign exchange earner for the country.


PTA is of the view that it is ironic that while the government announces discounted tat ills for exporting sectors, huge, fixed charges are being added, jeopardizing the philosophy of promoting global export competitiveness. The Association has urged Power Minister to reconsider this approach and remove the MDI charges immediately.


Furthermore, the Association has suggested that the Ministry of Power should focus on addressing system inefficiencies, thefts, and losses, rather than shifting the burden to consumers.


The government’s efforts to promote renewable energy, however. the fixation of MDI charges undermines these efforts s and adds significant costs to electricity bills.

Tags: MDI chargestanners association

Related Posts

Riyadh announces $3 billion additional support, also extends $5 billion deposits: Finance Minister
Finance

Riyadh announces $3 billion additional support, also extends $5 billion deposits: Finance Minister

by NewzShewz Desk
April 15, 2026
0

Washington, D.C :Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that the Kingdom of Saudi Arabia has...

Read more
$ 7 billion package: IMF sets challenging priorities for Islamabad
Energy

IMF warns circular debt still threatens economy, seeks stronger action

by NewzShewz Desk
March 28, 2026
0

ISLAMABAD : The International Monetary Fund (IMF) has urged Pakistani authorities to intensify efforts to control the power sector’s circular...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

June 12, 2025
Investigations into IPPs Undermine Investor Confidence

KE Board…. thank you. We are leaving the meeting

November 13, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
Zargham Eshaq Khan steps down as MD NESPAK

Zargham Eshaq Khan steps down as MD NESPAK

November 1, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
Power Minister seeks justification of Moro-Matiari Transmission Line

From control to intelligence :Understanding the real difference between SCADA and EMS in modern power systems

April 19, 2026
Riyadh announces $3 billion additional support, also extends $5 billion deposits: Finance Minister

Riyadh announces $3 billion additional support, also extends $5 billion deposits: Finance Minister

April 15, 2026
Renegotiation of IPP Deals: Politics at the Cost of Investment

Govt announces 2.25 hour load shedding during peak time to curb tariff hike

April 14, 2026
Jawwad Cheema new PSO Boss

Jawwad Cheema new PSO Boss

April 13, 2026
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.