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07-15-2016, 04:02 AM
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Mandviwalla protests forced closure of PSM
ISLAMABAD:The Chairman of the Senate Standing Committee on Finance, Senator Saleem Mandviwalla, has protested against the continued forced closure of Pakistan Steel Mills (PSM)— Pakistan’s largest national industrial asset — since June 2015,
In a statement issued from his ******, Senator Saleem Mandviwalla has said it is Pakistan Muslim League-Nawaz (PML-N)’s policy to deliberately destroy the national assets of Pakistan, like the Pakistan Steel Mills which had been shut down on **n-payment of gas bill. “If the steel mill is closed on **n-payment of utility bill, Pakistan Railways, Pakistan International Airlines and Pakistan State Oil should also be treated the same.” Senator Saleem Mandviwalla has said that the government is responsible for the destruction of Pakistan Steel Mills, which was running at 40% production capacity in 2013; instead of reviving the national industrial unit, the government has closed it forcibly, which is eco**mic terrorism. The present government has **t made a single attempt to reconstruct the Pakistan Steel Mills, the so-called experienced team of PML-N completely failed to bring a policy to revive the loss making institutions. Eco**mic team of the government has broken all records of incompetency, inefficiency and failure. Senator Mandviwalla said the rulers’ steel business is flourishing outside of Pakistan while Pakistan Steel is **t running, only because they do **t want to run it. He said that due to the closure of Pakistan Steel Mills, employees are suffering; they are **t being paid salaries and pension. Mandviwalla said the Privatisation Commission has **t provided the required information to the Sindh government which has written them so many times. Until the provincial government does **t receive the required documents, how it can decide the future of Pakistan Steel. He demanded that the federal government should impose a regulatory duty on the import of steel products to save its local industry. He has also asked the Privatisation Commission to allow the sale of steel products to Pakistan Steel Mills to run its daily affairs. أكثر... ??????? ??????: Mandviwalla protests forced closure of PSM || ??????: ahlam1399 || ??????: اسم منتداك
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