Dated: April 22nd 2006
v Jang Forum

On April 22nd 2006, Jang Group arranged a forum “How the purchasing power of the general public can be improved with the increase of the foreign reserves?” An invitation was sent to the management of Kalia Group of Companies to participate as a key note speaker in this forum. The invitation was entertained by our management and nominated our Marketing Manager Mr. Syed Nabeel Iqbal to represent the company.

Mr. Zubair Motiwala, Ex President of Chambers of Commerce and CEO of Diamond Textiles, Mr. Naqi Bari, a renowned Industrialist and Vice President of Chambers of Commerce, Mr. Habib Junaidi, President Traders’ Union were the other guest speakers.

The speakers stressed that the funds for education must and should be increased; the privatization of government institutions should be condemned, the budget for the development plans should be increased raised where as the least salary should be between 7000 and 10,000. To improve the purchasing power of the public industrialization should be promoted and the reduction of duty on the raw material will be a progressive point.

While commenting on the same issue our Marketing Manager, Mr. Syed Nabeel Iqbal said, to increase the foreign reserves, foreign investors should be promoted while national investors must be safe guarded. More and more cottage industries should be setup so as to provide better opportunities of job and labor. We must increase our exports goods where as the import of consumer goods should be condemned or rejected. On the other hand, we can’t seize the import of capital goods because it would be negative for our economy and industrialization. We will have to promote research and have to consider and pay heed towards the utilization of our resources and production of new resources for growth.

The Jang forum is a very good platform to promote new ideas for the growth, development, progress and promotion of the country, its economy and industrialization.