Islamabad: The Pakistan Economy Watch on Sunday said that government should immediately compensate thousands of people affected by Ghakkar Plaza inferno. The step will help government to restore lost confidence of business community.
Demanding a judicial probe into the matter, Dr. Murtaza Mughal, President, Pakistan Economy Watch said that apart from designer and owner, different concerned departments and regulators are also responsible for the tragedy. All important departments prefer to sleep until a wakeup call is given which is usually at the cost of masses, he said.
“Trading community should push government for help and also establish support fund on self-help basis to cope with calamities and emergencies in an effective way,” said Dr. Murtaza Mughal.
Shopkeepers and industrialists across the country have arranged private security guards to defend their life and property. They should also raise fund for emergencies.
Different associations, unions and business chambers that are supposed to safeguard interests of members collect fees from shopkeepers and use it for personal projection. Many business leaders use the finances for enhancing contacts with influential. “These bodies are left with no finds when needed and leaders find themselves confined to announcements and promises only,” he said.
This trend will continue until common traders come up with demand for audit of the accounts and ask leaders to stop using their money for personal gains.-Pak Economy Watch