Advertisement
Categories: NewsPakistan

Utility Store Workers Protest Enters Second Week

Advertisement

The protest by Utility Store employees in Islamabad has entered its second week, with workers from all three unions actively participating in the demonstration. The protest began last week in response to the federal government’s decision to shut down the Utility Stores Corporation.

The workers have vowed to continue their sit-in until their demands are addressed, with final negotiations between the government and the employees expected to take place today.

The decision to close the Utility Stores was made on August 16 during a meeting chaired by Prime Minister Shehbaz Sharif. The move is part of the government’s broader plan to abolish 28 departments across five ministries, aiming to reduce administrative costs and streamline operations.

Following this decision, the federal government also terminated the Utility Stores Corporation, ending a Rs50 billion subsidy that had supported the stores.

Federal Minister for Industry and Production, Rana Tanveer Hussain, explained that the restructuring of the Utility Stores is intended to simplify the tax system and restore investor confidence. He also expressed concerns about the subsidy program’s effectiveness, noting that it was not reaching its intended beneficiaries due to the involvement of certain employees and officials.

Despite the shutdown, the minister emphasized the government’s commitment to ensuring that future subsidies reach those who genuinely need them.

Advertisement
News Desk

Recent Posts

inDrive Partners with Essa Labs to Offer Drivers Up to 40% Off on Health Tests

inDrive, a global mobility and urban services platform, has joined hands with Essa Labs to…

15 hours ago

tapmad Champions Hockey On and Off the Screen: Shamsher and Live Tournaments Bring the Sport Back into the Spotlight

tapmad Entertainment has cemented its position as a pioneer in Pakistan’s digital entertainment space, not…

16 hours ago

Airblue Announces 14% Discount on Fares in Celebration of Independence Day

Airblue, one of the country’s leading private airlines, has announced a 14% discount on selected…

16 hours ago

Ecommerce sector urges Govt for tax reduction and level playing field: PEA

The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…

3 days ago

Digital Inclusion, Affordability, and the Battle Against Cash Dominate Jazz Leadership’s GSMA Summit Address

From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…

3 days ago

Blogging Tops Career Dreams for 42% of Youngsters: Kaspersky Survey

Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…

6 days ago