Islamabad, June 09, 2016 (PPI-OT):Islamabad Chamber of Small Traders on Thursday said small traders, cottage industry and women have been ignored in the federal budget. Over ninety six percent businesses fall in the category of small businesses but the budget has offered them nothing while women who are almost 51 percent of the population have also been ignored, it said.
How can Pakistan become a success when small traders and women feel side lined, said Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt in a statement issued here today. He said that some countries have been ignoring poor in their struggle for improved economic growth which has triggered poverty with women affected.
He said that our government should revisit some policies for the welfare of poor and reduce growing inequality which is disturbing the society. There are 1.5 billion poor in Asia in which 660 million are very poor; majority of world’s poor lives in SAARC region. Human Development Index says that 60.3pc of Pakistanis live on $2 per day while UN says 71pc of eligible girls did not attend secondary school, he added.
He said that reasons behind poverty among women are unfriendly attitude of policymakers, gender inequality, lack of education, absence of credit facilities, and apathy towards SMEs etc. Women on average get 40 per cent less salary in the SAARC region than their male colleagues, he said.
Shahid Rasheed Butt asked the government to focus on health, education, technical skills, infrastructure development, and facilitate cross-border trade to ensure additional benefits worth billions of dollars annually. Civil society and business community can play a partial role in reducing poverty as it is the government which can fine-tune policies to reduce gap between rich and poor.
For more information, contact:
Islamabad Chamber of Small Traders and Small Industry
Office No, 9 Block E, Super Market, Islamabad