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Home Chambers & Associations

Businessmen appeals NA to pass rent control act in its 52nd session

byCT Report
13/02/2018
in Chambers & Associations, Latest News, Pakistan Chambers
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ISLAMABAD: Muhammad Naveed, Senior Vice President, Islamabad Chamber of Commerce and Industry said that Prime Minister in a recent meeting with local business leaders had promised for early promulgation of rent control act in Islamabad, but so far no concrete measures were taken for this purpose. He stressed that National Assembly should pass amended bill of rent control act in its 52nd session to resolve this longstanding issues of local traders once for all. He was talking to a delegation of local trade leaders that called on him at Chamber House. Sheikh Jamshed President PML-N Traders Wing Islamabad, Yousaf Rajput President Traders Welfare Association Blue Area Islamabad, Muhammad Hussain General Secretary, Traders Welfare Association, Super Market, Islamabad, Raja Abdul Majeed and Amin  Pirzada were in the delegation.

Muhammad Naveed appealed to the Prime Minister to honor his promise for promulgation of new rent law in Islamabad as without the said law, traders were being evicted from shops forcefully and this situation has created lot of concerns in the trading community of the federal capital as they were feeling insecure about their future. He said government should pay urgent attention to this serious issue and arrange the early passage of rent restriction law from the parliament so that traders could fully focus on the growth of business activities.

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Yousaf Rajput President Traders Welfare Association Blue Area Islamabad, Muhammad Hussain General Secretary, Traders Welfare Association, Super Market, Islamabad, Raja Abdul Majeed and Amin  Pirzada said that with the consensus of all stakeholders an amended bill of rent restriction law for Islamabad was prepared that was presented in the National Assembly by MNAs Mian Abdul Manan and Asad Umar a long time ago. They said the local administration has also cleared the said bill after its thorough scrutiny, but it was still lying pending in the National Assembly. They said if the said bill was not passed into law, traders of Islamabad would have no other option except to observe complete shutter down for the acceptance of their genuine demand.

Sheikh Jamshed, President, PML-N Traders Wing Islamabad said that his wing was fully supportive of the genuine demand of traders for a balanced rent control act in Islamabad as it was badly needed so that they could promote business activities in a secure and peaceful environment.

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