Govt urged to discourage sealing of businesses as it hurts economy
ISLAMABAD: The business community in a meeting at Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to discard the practice of sealing businesses for any violations of SOPs.
They said that instead of sealing the business give them warnings along with imposition of small fines as sealing businesses was affecting their credibility and was not the right solution to curb the spread of Covid-19 pandemic.
They said that sealing of businesses would ultimately hurt the already weak economy and create more problems for the future growth of the country.
Chairing the meeting, Sardar Yasir Ilyas Khan, President ICCI said that business community have to spent years for building reputation and goodwill of a business, but normally FBR, local administration and other government departments tended to seal businesses on small violations, which badly damaged their reputation and caused great financial losses to them. - APP
He said that the sealed businesses have to suffer for a long time and struggle hard to restore their prestige in the local community, which puts extra financial burden on them.
He said that instead of sealing businesses, government departments should prefer giving warnings and imposing small fines on them for any violations, which would save businesses from unnecessary losses and also generate revenue for the government.