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Home Uncategorized

SC to hear Pakistan Steel Mills case on June 9

MM News Staff by MM News Staff
June 5, 2020
Reading Time: 1 min read
The Supreme Court of Pakistan issued its written verdict. Source: FILE.

The Supreme Court of Pakistan issued its written verdict. Source: FILE.

ISLAMABAD: The Supreme Court has set the date to hear the Pakistan Steel Mills case on 9th June.
A three-member bench headed by the Chief Justice of Pakistan, Justice Gulzar Ahmed will take up the case. Justice Ijazul Ahasan and Justice Muzahir Ali Naqvi are the members of the bench.
Earlier this week, the government approved the reduction of up to 9,000 employees of the Pakistan Steel Mills (PSM).
The Economic Coordination Committee (ECC) had approved firing all PSM employees. According to the cabinet, the mill has not been functioning for years and the employees have not been doing anything.
There are 9,350 employees who will be fired within a month and another 250 will be let go within three months. The cabinet under the ECC meeting which was chaired by PM’s Adviser of Finance and Revenue Abdul Hafeez Sheikh, moreover, approved an Rs20 billion package for the employees, which amounts to Rs2.3 million per person.
However, the move of shutting down the mill and firing its employees has not been finalized and approved by the federal cabinet yet.
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