Standing Committee on Industries & Production takes action against PSM irregularities

News Image

MG News | October 11, 2017 at 05:21 PM GMT+05:00

A meeting of the Standing Committee on Industries and Production was held under the Chairmanship of Mr. Asad Umar.

The Standing Committee discussed the case of Pakistan Steel Mills (PSM), Karachi and unanimously recommended that the Ministry of Industries & Production must send the reference to the National Accountability Bureau, regarding the irregularities and corruption in Pakistan Steel Mills Karachi.

The Standing Committee also expressed its concerns over, not paying the salaries and pension to the employees of the PSM and recommended that the M/o I&P must ensure to release the salaries and pension to the employees of PSM.  

Members who attended the meeting; Mr. Asad Umar, MNA (Chairman), Mr. Qaiser Ahmad Sheikh, MNA, Dr. Shezra Mansab Ali Khan Kharal, MNA, Chaudhry Riaz-ul-Haq, MNA, Mr. Rana Muhammad Qasim Noon, MNA, Ms. Sajida Begum, Mr. Abdul Hakeem Baloch, MNA, Alhaj Shah Jee Gul Afridi, MNA and Mr. Iftikhar-ud-Din, MNA. 

Related News

Name Price/Vol %Chg/NChg
KSE100 166,186.17
175.95M
0.46%
768.66
ALLSHR 100,823.28
516.45M
0.48%
477.22
KSE30 49,293.54
61.70M
0.52%
255.05
KMI30 240,021.93
84.31M
0.51%
1224.01
KMIALLSHR 65,475.76
317.66M
0.48%
313.79
BKTi 45,744.82
8.36M
0.39%
177.09
OGTi 33,694.73
6.16M
0.41%
138.33
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 82,150.00 82,245.00
82,095.00
-280.00
-0.34%
BRENT CRUDE 105.67 106.40
103.37
-0.39
-0.37%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
0.30
0.23%
ROTTERDAM COAL MONTHLY 145.10 145.10
145.10
0.10
0.07%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 97.55 98.32
93.58
2.46
2.59%
SUGAR #11 WORLD 21.14 21.22
20.60
0.30
1.44%

Chart of the Day


Latest News
October 15, 2026 at 08:08 PM GMT+05:00

Breakup of Pakistan’s trade data in September: PBS


October 15, 2026 at 07:19 PM GMT+05:00

SBP reserves rise $16m to $21.5bn


October 15, 2026 at 07:08 PM GMT+05:00

SCRA balance falls Rs1bn to Rs28.7bn


October 15, 2026 at 04:53 PM GMT+05:00

Govt targets marble export boom through industry reforms



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg