KARACHI: The city faced a complete shutdown as traders, transporters and fuel station owners decided to keep their regular operations closed after the MQM announced ‘day of mourning’ Tuesday.
“Army should be called in to restore law and order situation in the city,” the traders and people of business community demanded.
The traders blamed the police and security administration for failing to protect their businesses in such a situation.
Chairman Traders Action Committee, Siddique Memon talking to private TV channel said that currently the traders are facing losses up to Rs2 billion daily while the sales have dropped to 70 per cent owing to the city situation.
According to sources of industrial sector, colossal loss of Rs10 billion is expected in the production sector due to deteriorating situation of the city.
Economic experts said that the labourers working on daily wages are the worst affected due to business paralysis in such situation while unemployment is also rising on a larger scale.
Therefore, traders’ bodies have demanded the government to deploy army as the police and Rangers have failed to protect them. – Agencies