• The demise of Pakistan Steel Mill Pakistan Defence

    2016-10-31 · Right where the road enters the vast premises of Pakistan Steel Mills a verse from the Quran is displayed on a billboard "And we have sent down iron wherein is great military might and benefits for the people." A few feet away close to 25 men can be seen sitting under a shamiana — they have been staging a sit-in here since August 3 2016.

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  • Pakistan Steel Mills A Cortege to CollapsePIDE Blog

    2020-11-27 · Pakistan Steel Mills A Cortege to Collapse. The Economic Coordination Committee (ECC) of the Cabinet approved the retrenchment plan of Pakistan Steel Mills (PSM) to reduce the government s financial burden. Since 2008-09 Pakistan s government has been paying PKR 58 billion to PSM to cover worker salaries through bailout packages.

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  • Raping Pakistan Steel MillsPakistan Week

    2018-2-7 · Employing more than 40 000 workers Pakistan Steel Mills (PSM) was a gigantic force-multiplier for employment downstream indirectly contributing to the national economy. Once a prized asset the PSM now resembles a black hole and a burden on the economy successive governments failing to capitalize on its potential. When Lt Gen Sabeeh Qamaruzzaman took over as

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  • Pakistan Steel Mills A Cortege to CollapsePIDE Blog

    2020-11-27 · Pakistan Steel Mills A Cortege to Collapse. The Economic Coordination Committee (ECC) of the Cabinet approved the retrenchment plan of Pakistan Steel Mills (PSM) to reduce the government s financial burden. Since 2008-09 Pakistan s government has been paying PKR 58 billion to PSM to cover worker salaries through bailout packages.

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  • The Pakistan Steel Mills ProblemNation

    2017-1-29 · Let us face the facts. Pakistan Steel Mills (PSM) is the biggest white elephant this country possesses on par with the Pakistan International Airlines (PIA)but at least the airline is fully operational. PSM is stuck in a perpetual loop of mounting dues defaulted debts and unpaid employeescurrently at Rs415bn including Rs166bn payable liabilitieswhile production rests at a measly 8

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  • PAKISTAN STEEL Largest Industrial Complex of Pakistan

    Largest Industrial Complex of Pakistan PAKISTAN STEEL. PUBLIC AWARENESS REGARDING USEFULNESS OF PAKISTAN CITIZEN S PORTAL. Pakistan Citizens Portal- A Mobile application to lodge complaints regarding Government Departments.

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  • Pakistan Steel Mills Losses Grow to Over Rs. 200 Billion

    2018-7-4 · Pakistan Steel Mills (PSM) is in an utter state of disrepair as its total losses have swelled to over Rs 200 billion. The last time PSM was profitable was during the financial year 2007-08 when

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  • Pakistan steel industry will meet future demand The

    2019-4-20 · Pakistan Steel Mills Pakistan Steel Mills Corporation (Pvt.) Limited also known as Pak Steels is a ding to Headquartered in Karachi Sindh Province of Pakistan the PSM is currently the largest industrial mega corporation having a production capacity of 1.1 5.0 million ton of steel

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  • Pakistan Steel Mills Amid Crisis Request PDF

    Pakistan Steel Mills Corporation (PSMC)—once a highly profitable organization and considered one of the largest and sole steel producers in Pakistan—is on the verge of collapse and passing

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  • Why friend China will not save Pakistan Steel Mills

    Islamabad s decision to lay-off 4 544 employees of the debt-ridden Karachi-based Pakistan Steel Mills (PSM) has ignited a political war between the government and Pakistan Peoples Party (PPP). From a purely economic point of view retrenchment on such a massive scale was inevitable since Pakistan Steel Mills has proved to be a liability with an accumulated debt of more that 200 billion

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  • The demise of Pakistan Steel MillsHerald

    2018-12-10 · The entrance to Pakistan Steel Mills Photographs by Mohammad Ali White Star. On the far-east side of Karachi s coast the wind is always strong. Except that on a recent day in August not a leaf is stirring. The ride on a road that branches off Karachi Thatta National Highway and leads to Pakistan Steel Mills is as suffocating as it is bumpy.

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  • Raping Pakistan Steel Mills ViewsWeek

    2021-5-18 · Pakistan Steel Mills is incurring heavy losses with government least bothered about its plight. (Photo via Pakistan Steel Mills) Employing more than 40000 workers Pakistan Steel Mills (PSM) was a gigantic force-multiplier for employment downstream indirectly contributing to the national economy.

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  • Pakistan steel industry will meet future demand The

    2019-4-20 · Pakistan Steel Mills Pakistan Steel Mills Corporation (Pvt.) Limited also known as Pak Steels is a ding to Headquartered in Karachi Sindh Province of Pakistan the PSM is currently the largest industrial mega corporation having a production capacity of 1.1 5.0 million ton of steel

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  • NAB to probe reasons behind downfall of Pakistan Steel Mills

    2017-12-29 · NAB to probe reasons behind downfall of Pakistan Steel Mills. ISLAMABAD The National Accountability Bureau has decided to launch an inquiry to ascertain reasons and hold responsible for the

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  • Pakistan Steel MillsTransparency International Pakistan

    41.Pakistan Steel Mills Letter to TIP Advertisement of Notice for Revamping of Pakistan Stell. (2nd September 2010) 40. TIP Letter to Pakistan Steel Mills Complaint of State Life Insurance Corporation on the violation of Rule No 32 in Tender of Group Insurance Policy of Management and Executives. (29th August 2010) 39.

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  • Pakistan Steel Mills Losses Grow to Over Rs. 200 Billion

    2018-7-4 · Pakistan Steel Mills (PSM) is in an utter state of disrepair as its total losses have swelled to over Rs 200 billion. The last time PSM was profitable was during the financial year 2007-08 when

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  • The demise of Pakistan Steel Mill Pakistan Defence

    2016-10-31 · Right where the road enters the vast premises of Pakistan Steel Mills a verse from the Quran is displayed on a billboard "And we have sent down iron wherein is great military might and benefits for the people." A few feet away close to 25 men can be seen sitting under a shamiana — they have been staging a sit-in here since August 3 2016.

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  • Pakistan Steel Mills Calamity Reasons of Collapse

    2015-1-26 · Pakistan Steel Mills was a profitable well-managed organization since its establishment although was a bit overloaded with extra political recruitment of employees from time to time. PSM even remained a profitable unit in last Military ruler Pervaiz Musharraf s regime mainly in years 2001 to 2008.

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  • PAKISTAN STEEL Largest Industrial Complex of Pakistan

    Largest Industrial Complex of Pakistan PAKISTAN STEEL. PUBLIC AWARENESS REGARDING USEFULNESS OF PAKISTAN CITIZEN S PORTAL. Pakistan Citizens Portal- A Mobile application to lodge complaints regarding Government Departments.

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  • downfall of pakistan steel millslafossa.es

    NAB must identify put on trial all responsible for Steel Mill s downfall Posted 02 05 PM 11 Jun 2020 Pakistan Steel Mills requests for Rs11.44b to pay ex-staffers dues The saga of a mill In a most heartless and irresponsible decision the federal government has removed close to ten thousand employees of the Pakistan Steel Mills PSM with

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  • pakistan steel millsOpera News

    After 11 years trial Court acquits all suspects in Pakistan Steel Mills corruption case. After a lengthy trial spanning 11 years an accountability court on Friday acquitted all suspects in the Pakistan Steel Mills corruption reference.The accountability court-IV judge Suresh Kumar exonerated the suspects from all charges giving them the benefit of doubt.The accused include Sameen Asghar

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  • Pakistan Steel Mills The Express Tribune

    2019-11-19 · KARACHI The state-owned Pakistan Steel Mills is crucial for Pakistan s power determination.For any country steel production is in one way or another highly beneficial for the economy. If one

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  • Pakistan Steel Mills in further trouble as losses swell to

    2018-7-3 · Pakistan Steel Mills in further trouble as losses swell to Rs200b. PPP PML-N govts failed to prevent collapse of the industrial giant. PSM in a petition asked the National Tariff Commission to

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  • End of an era for Pakistan Steel Mills PakistanGulf News

    2020-6-4 · End of an era for Pakistan Steel Mills. Government does away with lifeline of country s industrial growth 9 350 employees fired. Published June

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  • Why friend China will not save Pakistan Steel Mills

    Islamabad s decision to lay-off 4 544 employees of the debt-ridden Karachi-based Pakistan Steel Mills (PSM) has ignited a political war between the government and Pakistan Peoples Party (PPP). From a purely economic point of view retrenchment on such a massive scale was inevitable since Pakistan Steel Mills has proved to be a liability with an accumulated debt of more that 200 billion

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  • NAB initiates inquiry into Pakistan Steel Mills downfall

    2017-12-30 · ISLAMABAD The National Accountability Bureau (NAB) has decided to put all those responsible for the downfall of the Pakistan Steel Mills (PSM) and

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  • Pakistan Steel Mills in further trouble as losses swell to

    2018-7-3 · Pakistan Steel Mills in further trouble as losses swell to Rs200b. PPP PML-N govts failed to prevent collapse of the industrial giant. PSM in a petition asked the National Tariff Commission to

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