KARACHI: Pakistan Steel Mills (PSM) personnel would be transferred to other institutions by the government.
Due to repeated violations of standard operating procedures and political intervention, the country’s lone steel manufacturing factory has been idle for nearly seven years. The government approved a layoff plan for more than 5,000 employees after the state institution reported a deficit of Rs212 billion.
However, in a letter to the PSM secretary on Tuesday, the Ministry of Industries and Production requested that the PSM’s technically competent staff, with the assistance of the Human Resource Department, gather the data of its employees for efficient use in other institutions.
“The ministry should be informed about such technical personnel’ qualifications, experience, age, and other data so that they can be suitably relocated to other ministry institutions.”
Export Processing Zones Authority, Pakistan Industrial Development Corporation, Pakistan Institute of Management, National Industrial Park, SMEDA, Utility Stores, Engineering Development Board, Furniture Pakistan, Pakistan Stone Development Company, Pakistan Gems and Jewellery Development Company, and others are among the 28 subsidiaries identified by the ministry.
