UNISAME urges PM to remove impediments in SMEs growth

Karachi: The Union of Small and Medium Enterprises (UNISAME) has urged Prime Minister (PM) Syed Yousuf Raza Gillani to remove the impediments in SME growth and said the worst impediment to SME growth is the unhealthy environment and SMEs are not prepared to enhance activities due to deteriorating law and order situation, corruption, harsh taxation, load shedding and high handedness of officials.

This was stated in a press release issued Tuesday by UNISAME.

President UNISAME Zulfikar Thaver urged the PM to pay surprise visits to industrial areas and get a firsthand information of the prevalent conditions of absence of law enforcing agencies, the unannounced load shedding and the behaviour of the officials in different departments of tax collection offices and customs where bribery is at its highest and without greasing their palms, work just cannot be done.

He impressed upon the PM not to let this go on in this manner and take a stand and set things right. The SMEs are reluctant to invest further in business and this will affect the economy badly he stated.

Some entrepreneurs of large sector have migrated to other countries with their capital but the SME sector has stayed back facing the hardships. They are in a position to compete globally but are losing in their own country due to bad governance at home.
The Union has invited the immediate attention of the PM to attend to the law and order situation and direct the authorities not to spare the miscreants no matter their affiliations.

The Union has also urged him to direct the finance ministry to meet the representatives of the SMEs and resolve their grievances immediately as the Federal Board of Revenue is paying no heed to the genuine grievances whereby the SMEs are subjected to taxes beyond their strength to bear the burden of harsh taxation which is destroying their units.

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