|
The decision by Pakistan's Punjab government to enforce an 8 pm closure for markets and commercial hubs across the province has drawn intensifying backlash from traders, economists, and business organisations, The Express Tribune reported. Critics contend that the policy severely dampens economic activity while yielding negligible benefits in energy conservation.
According to The Express Tribune, implemented earlier this year under a federal energy conservation plan, the measure requires all markets, shopping malls, and retail outlets to shut down by 8 pm throughout the week. Authorities maintain the policy is aimed at reducing electricity consumption amid Pakistan's ongoing energy challenges. However, many traders claim the decision has severely disrupted business operations, particularly during the summer season, when consumers prefer shopping late in the evening. Lahore-based clothing merchant Khalid Mahmood said customer flow traditionally peaks after sunset, adding that reduced business hours have caused a noticeable decline in sales. Energy analysts acknowledge that the policy has led to a slight decrease in electricity use during nighttime hours, but experts question whether the savings justify the economic slowdown. Energy specialist Dr Faheem Gohar Awan noted that the reduction in power demand remains modest when compared with overall provincial consumption. Workers employed in shopping centres have expressed mixed reactions. Some employees appreciate finishing work earlier and having more time with their families, though many complain that the loss of overtime shifts has reduced their monthly earnings. Meanwhile, sectors such as pharmacies, restaurants, fuel stations, and online delivery services continue operating beyond the deadline. Delivery riders stated that nighttime food orders have actually increased, as more residents now choose to stay indoors after markets close, as cited by The Express Tribune. Business leaders have sharply criticised the move, warning that it is damaging the formal economy. Lahore Chamber of Commerce President Faheemur Rehman Saigol argued that the restrictions were introduced at a time when inflation, unemployment, and financial instability were already burdening businesses. Retail associations further claimed that consumers are increasingly turning to informal night markets, resulting in losses to documented businesses and lower tax collection, as reported by The Express Tribune. (ANI)
|
