| KTI dissatisfied by new budget |
| Friday, 13 June 2008 | |
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Karachi Transport Ittehad (KTI), the city’s prominent transport association, expressed its dissatisfaction over the recently announced budget in connection with the transport sector. Under a special package for Karachi, the customs duty on buses should be completely removed and the increase in the price of petroleum products during the last two months should be reverted, they demanded. According to a press release on Thursday, the representatives of the KTI said that as per the new budget, only 15 per cent of the customs duty has been lifted for CNG buses while no other relief has been given. The government should have given more relaxations to the transport department, they said. They said that the continuous increase in the price of petroleum products has adversely affected transporters and their businesses are suffering because of this. They demanded a revision of the oil prices and also said that more concessions should be given to transporters so that, instead of leaving the business, they can invest more into it their transport business. |
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