INTERVIEW WITH ANIS MAJEED, CHAIRMAN KARACHI WHOLESALE GROCERS ASSOCIATION

KHALIL AHMED
(feedback@pgeconomist.com)
Aug 15 - 21, 2011

Anis Majeed is the Chairman of Karachi Wholesale Grocers Association (KWGA). This is his 5th term as chairman (10 years). He has worked as general secretary for five terms (10 years) before serving as the chairman of the association.

The members, more than 600 in numbers, of the association are wholesalers and importers and exporters of pulses, rice, sugar and wheat.

He has been elected as the member managing committee of Karachi chamber of commerce and industry (KCCI) in 2010 and has been given the responsibility as the chairman taxation subcommittee of KCCI. He has been sharing his experience on various platform including seminars, interviews, talk shows and guest speaker session in well-known universities.

PAGE: HOW WOULD YOU COMMENT ON THE PROGRESS OF RETAIL AND WHOLESALE SECTOR SINCE THE INDEPENDENCE OF PAKISTAN?

ANIS MAJEED: Retail and wholesale sector is vital for any economy. With increasing demand and wide ranges of products available, the retail and wholesale sector should join hands and make goods accessible in remote areas as well.

Pakistani retail and wholesale market has been progressing since independence but more in terms of volume then in terms of technology. Traditional way of trading are still followed and Jodia Bazaar has always been the wholesale business hub for commodities. Business of millions of rupees is done on daily basis in the bazaar.

PAGE: WHAT MUST BE DONE TO PROMOTE RETAIL AND WHOLESALE ACTIVITIES?

ANIS MAJEED: Retail and wholesale activities are being carried out regularly. But, due to poor governance and policies there is an element of stocking. Most commodities are grown and harvested once a year. We have to stock the cargo and supply it regularly to stabilize the market.

Government should make such policies to ensure that every trader is releasing cargo on regular basis. Government should also have a strong procurement policy not only to support the farmer but also to support the end consumer. If the government will ensure that the procurement price is reasonable then it can intervene in the market when the prices rise due to shortage of supply and thereby providing relief to the end consumers.

PAGE: WHAT HAS BEEN THE CONTRIBUTION OF RETAIL AND WHOLESALE SECTOR TOWARDS PROMOTING INDUSTRIAL SECTOR OF PAKISTAN OVER THE PERIOD OF LAST 64 YEARS?

ANIS MAJEED: As I have earlier said that retail and wholesale sector of Pakistan has been very effective. Industrial sector will not be able to produce goods if they do not have an effective distribution and collection network. With the progress of retail and wholesale sector, the demand for innovation and variety of good to be produced by industrial sector also increases which helps catering different consumers.

PAGE: YOUR VIEWS ABOUT ECONOMIC GROWTH AND PROSPERITY OF PAKISTAN.?

ANIS MAJEED: Pakistan is a land of opportunities as I see it. No matter how difficult the situation might be but it is our homeland and we should work for its betterment rather than trying to find an exit to this situation. Difficult times come on every nation but this is the time of challenge and we will be able to pass through this time easily.