Islamabad: The Economic Co-ordination Committee accredited the dismissal of 9,350 staff of Pakistan Steel Mills in a single month.
According to Express News, a gathering of the Economic Co-ordination Committee (ECC) of the Cabinet was held below the chairmanship of Hafeez Sheikh, Advisor to the Prime Minister on Finance, through which 9,350 staff of Pakistan Steel Mills had been accredited to be laid off. One month was given for this course of.
The ECC has additionally accredited billions of rupees for Steel Mills staff, below which retiring staff will probably be given about Rs. 2.three million per particular person within the type of Gold Handshake whereas 250 staff plan. Will proceed to work for three months to implement.
ECC approves technical grant of Rs. eight billion 84 crore for Western Border Management, this quantity will probably be spent on capability constructing of Civil Armed Forces, Rs. 20 crore technical grant for FBR Grants and supplementary grants from varied departments had been additionally accredited.
The assembly additionally accredited a cost of Rsfour.5 billion to an organization which was searching for property of politicians overseas throughout Musharraf period. Former President Pervez Musharraf, throughout his tenure, directed to look the key property of 150 Pakistanis together with Sharif household overseas. The contract was awarded to the proposed firm, and a British courtroom fined the Pakistani authorities 33 33 million for terminating the contract by the NAB.