sanate
News Updates

Decision to privatize steel mills Opposition criticizes government in Senate

ISLAMABAD: During the Senate session, the opposition has sharply criticized the government over its decision to privatize Pakistan Steel Mills.

When the Senate met under the chairmanship of Chairman Sadiq Sanjarani, the opposition expressed its views on the proposed privatization of Pakistan Steel Mills.

PML-N Senator Mushahidullah Khan said that Imran Khan said that we will run the steel mills, the country is going bankrupt, they hold the previous governments responsible for everything, to get votes. The big bosses should resign now, Asad Omar should resign now.
Ameer Jamaat-e-Islami Senator Siraj-ul-Haq said that Imran Khan claimed that he would run the steel mills. Where did that promise of Imran Khan go?

Former Chairman Pakistan Steels Mills Lt. Gen. (retd) Abdul Qayyum demanded that a separate debate be held in the House regarding Pakistan Steel Mills.

Federal Minister Hamad Azhar said on behalf of the government that Pakistan Steel Mills has a debt of Rs 211 billion and a loss of Rs 176 billion. 35 billion has been paid to the employees in five and a half years. We want to run the steel mills with private partnership. We will go for privatization after restructuring the debts of the steel mills. Will be given an average of Rs 23 lakh and some will get Rs 70 lakh.

Following the demands made by the MPs, the Chairman Senate referred the matter of dismissal of Steel Mills employees to the concerned Standing Committee.

Leave a Reply

Your email address will not be published. Required fields are marked *