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Business Failure at Pakistan Steel Mills

Pakistan Steel Mills is one of the biggest national assets of Pakistan, which is currently under the state of dilemma due to political insensitivity and arrogance. It’s been more than a year that employees working in this huge organization are not given their monthly salaries. In order to add to the burden, two months salary is given after four consecutive months to these employees of every level. In addition, employees of Pakistan Steel, who got retired in 2013, are still not paid their lawful retirement money yet. All this leads to misery and despair for the fate of an organization, which was the pie in the sky once!

There have been rumors stating that government of PML (N) aims to privatize this national organization. If this happens it would be much more complicated for the people associated with Pakistan Steel. Their lives are already been affected devastatingly. Due to these financial tragedies, numerous Steel Mill employees have died because of heart attacks and many of them are paralyzed due to the trauma. It is also depressing to know that media is not covering the issue the way it should actually. Both the present and former governments seemed non-serious about the issue of Pakistan Steel.

With the deal between Pakistan, China and Iran, the government can surely look out for more options to tackle this issue of Pakistan Steel. People should protest on the privatization because it will worsen the situation of business in Pakistan and Karachi.

Afreen is a young writer and visionary towards life predominantly. I believe that writing is similar to life; it inspires surprises and creates. Being a Literature Masters, I am passionate about viewing the world with literary spectacle. Solely in love with this beautiful part of Universe called Pakistan, I am creating words and ideas for CharchaGuru.

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Business Failure at Pakistan Steel Mills

Pakistan Steel Mills is one of the biggest national assets of Pakistan, which is currently under the state of dilemma due to political insensitivity and arrogance. It’s been more than a year tha...