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SC seeks complete PSM privatisation plan
National
February 10, 2021
ISLAMABAD: The Supreme Court (SC) on Tuesday took strong exception to the plight of the state-owned Pakistan Steel Mills (PSM) and sought a comprehensive report on its revival and privatisation plan.
A three-member SC bench, headed by Chief Justice Gulzar Ahmed, and comprising Justice Ijazul Ahsen and Justice Mazahir Ali Akbar Naqvi, heard a case regarding the promotion of the PSM employees.
The court directed secretaries, ministries of Industries and Privatisation, to ensure their presence on the next date of hearing, along with a comprehensive report about the fate of the state-owned entity, its revival plan as well as steps being taken to resolve the issues facing the mills.