Closure of PSM will result in economic murder of thousands: Dharejo

Karachi:Provincial Minister for Industries and Commerce Jam Ikramullah Dharejo in his response to the news of the dismissal of employees of Pakistan Steel Mills (PSM), has said that closure of PSM would mean economic murder of thousands of families, so the federal government needed to reconsider this decision.

In a statement, issued here on Thursday, he said that at a time when the whole world had been going through the same ordeal of coronavirus and Pakistan was also suffering from the same conditions, at a time when there was a need to provide relief to working families, the federal government was causing mental anguish and financial torment to working class.

Dharejo stated: “PSM is a national asset. Such an institution needs to be activated instead of shutting down. Its activation may generate maximum employment opportunities.”

He said that PPP condemned the anti-labor policy of downsizing in government institutions at all levels and it demanded of the federal government that maximum employment opportunities be provided to reduce unemployment in the country. Provincial Minister Jam Ikramullah Dharijo said it was unfortunate that the federal government wanted to sell government institutions and corporations to people it liked.