SIALKOT - The federal budget announced by the federal government for the fiscal year 2012-2013 again disappointed the Sialkot business community as the government did not announce any relief or incentives for industries and small and medium enterprises here.

The Sialkot Chamber of Commencer and Industry and other main trade bodies expressed dismay over the budget and termed it totally disappointing. Earlier, the Sialkot businessmen were expecting the special duty free import for the exporters because of their export performance. The leading financial and business tycoons of the district said that the federal government has again ignored the industries.

SCCI President Naeem Anwar Qureshi said that the budget gave no relief to the industries regarding the loadshedding of electricity, as this was the biggest ever issue of the country. He said that the federal government disappointed the business community.

Tax Bar Association President Muhammad Akram Raza said that the government has again given a lollypop of promises as the government has increased its targets. He said that due to the ground realities, it would not be possible for the government to achieve these targets.

Markazi Anjuman Tajran President Haji Mehar Ghulam Mujtaba rejected the budget and said that the big chunk of Rs70 billion allocated for the Benazir Income Support Programme in this budget should be allocated for curbing the menace of power loadshedding and for giving maximum relief to the nation.

On the other side, people, business community and political circles have shown mixed reaction to the fiscal budget.

The PML-N MNAs from Sialkot district Khawaja Muhammad Asif, Rana Abdul Sattar, Sahibazada Syed Murtaza Ameen and Zahid Hamid termed the budget nothing more than a jugglery of the words, saying that the budget will prove economical murder of the masses, depending upon the foreign aids. They said that the government announced nothing in this budget for the welfare of the people and curbing the menace of sky-rocketing price hike, unemployment and lawlessness.

“The government has thrown the poor people into an ocean of hunger and poverty through this budget,” they added.  However, local PPP leaders termed the budget people-friendly.

Talking to the newsmen, PPP Federal Council members Yousaf Khilji, President PPP Sialkot District Malik Tahir Awan, MPA Tahir Mehmood Hundali, Shaukat Wazir Ali and others said that the government had presented the best budget. They said that it reflects the aspirations of the masses under PPP’s political slogan Roti, Kapra aur Makaan.