Utility Stores Corporation closure puts 11,000 jobs on the line
ISLAMABAD: The National Assembly Standing Committee on Privatisation was informed on Monday that the government will ensure the payment of Rs27 billion in dues to employees and vendors of the Utility Stores Corporation (USC) in two phases following its closure.
Chaired by Dr Muhammad Farooq Sattar, the committee was told that the closure of USC had been finalised, but safeguarding the rights of the approximately 11,000 workers was the government’s top priority. The committee sought a detailed breakdown of the outstanding dues to be paid to employees and vendors, which the Privatisation Commission was asked to submit at the next meeting.
The committee was also briefed........
© Dawn Business
