Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Chambers & Associations

ICCI lauds approval of National Water Policy

byCT Report
26/04/2018
in Chambers & Associations, Latest News, Pakistan Chambers
Share on FacebookShare on Twitter

ISLAMABAD: Sheikh Amir Waheed President, Muhammad Naveed Malik Senior Vice President and Nisar Mirza Vice President, Islamabad Chamber of Commerce & Industry have lauded the government move to get unanimous approval of the first ever National Water Policy from Council of Common Interests (CCI) in its last meeting as Pakistan was facing the problem of water scarcity and there was a dire need of such a policy to ensure water availability for sustainable economic development of the country.

They said that Pakistan was an agricultural country and growth of agriculture was dependent of sufficient water availability as the irrigation system of Pakistan was consuming 90 percent of available water. They said that over 60 percent of our exports were from agriculture products while this sector contributed about 20 percent to the GDP growth. Therefore, a national water policy was badly needed for smooth economic growth of the country.

You might also like

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

25/09/2026

FBR agrees to refund tax collected under struck-down property provision

25/09/2026

ICCI Office Bearers said that population of Pakistan was rising rapidly and was expected to cross 221 million by 2025. They said to meet the food needs of rising population and promote exports, Pakistan needed to improve agricultural productivity and water availability was basic requirement to achieve this goal.

They said that the industry was currently using only 2% of the total water consumption which was expected to rise to three times by 2025. They said that hydropower was the cheapest and environmentally the cleanest source of generating electricity, but the present ratio of hydropower to thermal power generation in Pakistan was 28:72, which was almost the reverse of historic optimum of 70:30. They said that additional hydropower capacity was required to be developed to produce cheap electricity that would significantly bring down the cost of doing business for which water availability was key requirement.

Sheikh Amir Waheed said that national water policy envisaged many good plans to develop water reservoirs, ensure better water management and conservation. However, he said that the government should ensure full implementation of national water policy to achieve its desired goals so that by ensuring sufficient water availability, the country could be put on the path of sustainable economic growth.

Related Stories

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

byCT Report
25/09/2026

ISLAMABAD: FBR has revised customs values for imported sodium sulphate anhydrous, replacing valuation rules that had been in force for...

FBR agrees to refund tax collected under struck-down property provision

byCT Report
25/09/2026

LAHORE: The Federal Board of Revenue (FBR) has agreed to refund tax collected on deemed income from immovable properties under...

OICCI urges investment & export reforms as IMF team visits Karachi

byCT Report
25/09/2026

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for Pakistan to build on recent macroeconomic stabilisation...

SBP launches Pasban Remittance Rewards

byCT Report
25/09/2026

KARACHI: The State Bank of Pakistan (SBP) has launched the Pasban Remittance Rewards program to encourage overseas Pakistanis to send...

Next Post

Customs Appellate Tribunal accepts appeal in imported air handling units

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.