Tag Archives: Pakistan Steel Mills

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SC fixes Pakistan Steel Mills case for hearing

06 June, 2020 2:03 pm 2:03 pm

ISLAMABAD (92 News) – The Supreme Court (SC) has fixed the hearing of Pakistan Steel Mills case on Friday. A three-member bench headed by Chief Justice of Pakistan (CJP) Justice Gulzar Ahmed will take up the case on June 9. Justice Ijazul Ahasan and Justice Muzahir Ali Naqvi are the members of the bench. The … Read More

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Opposition slams govt for sacking PSM employees during Senate session

06 June, 2020 1:11 pm 1:11 pm

ISLAMABAD (92 News) – The opposition senators slammed the government for sacking Pakistan Steel Mills (PSM) employees in a session of the Senate held on Friday. While addressing a session of Senate, PML-N’s Senator Mushahidullah said that Prime Minister Imran Khan had said in the past that he would demonstrate to everyone how the steel … Read More

ECC, approves, Rs18 billion, sack, 9,350 employees, Pakistan Steel Mills

ECC approves Rs18 billion to sack 9,350 employees of Pakistan Steel Mills

06 June, 2020 6:50 pm 6:50 pm

ISLAMABAD (92 News) – The Economic Coordination Committee (ECC) has approved a grant of Rs18 billion to sack 9,350 employees of Pakistan Steel Mills. The decision was made during a meeting of the ECC presided over by Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Wednesday. The PSM employees will be given the … Read More

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ECC approves Rs350 million grant for Pakistan Steel Mills

01 January, 2020 5:30 pm 5:30 pm

ISLAMABAD (92 News) – Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Cabinet Division. The ECC considered and approved waiving off all port dues/ charges amounting to Rs 194,951,059 on 31-1-2020 or till the vessels leave … Read More

Pakistan Steel Mills SC government sell land Supreme COurt funds

SC stops government to sell land of Pakistan Steel Mills

11 November, 2019 3:10 pm 3:10 pm

ISLAMABAD (92 News) – The Supreme Court (SC) on Monday stopped the government from selling land owned by Pakistan Steel Mills (PSM). A two-member bench of the apex court headed by Justice Gulzar Ahmed heard a petition concerning a shortage of funds to pay provident funds and gratuities to former PSM employees. The court expressed … Read More

Experts, plan, revival, Pakistan Steel Mills, ECC

Experts present plan for revival of Pakistan Steel Mills to ECC

04 April, 2019 3:45 pm 3:45 pm

ISLAMABAD (92 News) – Finance Minister Asad Umar presided over a meeting of the Economic Coordination Committee (ECC) on Monday. Experts presented to the committee a plan for the revival of Pakistan Steel Mills. It was also proposed to give Pakistan Steel Mills to a foreign company on a joint venture. It was also told … Read More

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ECC reviews to boost employment for Pakistani workers abroad

02 February, 2019 3:58 pm 3:58 pm

ISLAMABAD (92 News) – The Economic Coordination Committee (ECC) meeting on Tuesday reviewed the steps to increase employment opportunities for the Pakistani workers abroad. The ECC meeting was chaired by Finance Minister Asad Umar and discussed a seven-point agenda. Progress made on the Pakistan Steel Mills cases in the National Accountability Bureau and issuance of … Read More

Privatization Commission approves leasing out Pakistan Steel Mills

01 January, 2017 9:51 pm 9:51 pm

ISLAMABAD (92 News) – A decision has finally been taken to lease out the Pakistan Steel Mills (PSM) on Tuesday. The Privatization Commission has approved the leasing out of PSM for 30 years. An agreement would be made between the centre, steel mills and investors. The federal government will bear the burden of all the … Read More