The government has taken a bold decision by cutting the power tariff as it will benefit the whole nation. The government has taken drastic and historical step and it will revive economic activities in the country especially in manufacturing sector. Cost of production had become unaffordable due to higher power rates but now government’s decision will lower the cost of production of manufacturing sector. It will be beneficial for industrial sector immensely by making our industrial products competitive in the international market. Presently, the state owned entities are incurring loss of billions of rupees therefore the government wants to privatize these loss making SOEs. But privatization process takes a long time for its completion because it is a complex procedure.