Karachi
March 7, 2021
Noted economist Dr Kaiser Bengali has suggested running Pakistan Steel Mills (PSM) under a public-private partnership, saying that as the government wants to privatise it and workers are not able to take it over, the private sector with financial investment would make it possible to run it.
He was speaking at a consultation on the privatisation of public sector enterprises organised by the Pakistan Institute of Labour Education and Research (Piler) at the Arts Council of Pakistan on Saturday.
Dr Bengali pointed out that the main excuse for privatisation was given by the government that workers were responsible for the loss of public entities such as the PSM.