Opposition questions privatisation of 32 entities

Published April 16, 2014
The opposition parties showed their concerns and staged a symbolic walkout from the Senate against the govt’s decision Wednesday. – File photo
The opposition parties showed their concerns and staged a symbolic walkout from the Senate against the govt’s decision Wednesday. – File photo

ISLAMABAD: The opposition parties Wednesday showed their concerns and staged a symbolic walkout from the Senate against the government’s decision regarding the privatisation of 32 public sector enterprises on priority basis.

During the question hour of the Senate’s session, Pakistan Peoples Party (PPP) Senator Mian Raza Rabbani said that the government has decided to privatise 32 public sector enterprises without the approval of the Council of Common Interest (CCI).

“Who allowed the government to privatise the public sector enterprises,” he questioned.

Rabbani said that these enterprises were also property of the provinces but the government was taking such decisions without consulting the provincial governments.

Another PPP Senator, Syeda Sughra Imam said that these public sectors organisations were the flagship of the government and it was difficult to understand the logic behind privatising such strategic assets.

The PPP senator said that the government should review its policy regarding the privatisation of the public sector enterprises.

Earlier, Minister of State for Education, Trainings and Standards in Higher Education, Muhammad Baleeghur Rehman told the upper house that the cabinet committee on privatisation had directed the Privatisation commission to initiate the process in a phased manner.

He said that the privatisation commission had started the process with 11 public sector enterprises including PIA, UBL, HBL, ABL, OGDCL, Pakistan Petroleum Limited (PPL), FESCO, LESCO, NPCC, Heavy Electric Complex (HEC) and TPS Muzafargarh.

“The government is offering 10 per cent shares through capital market,” the minister added.

Later, Leader of the Opposition, Senator Aitzaz Ahsan said that the ministers should address the concerns seriously as the minister has failed to mention names of the 32 public sector enterprises in the answer sheet.

He requested to Deputy Chairman Senate Sabir Baloch to defer the question due to incomplete information.

Opinion

Budgeting without people

Budgeting without people

Even though the economy is a critical issue, discussions about it involve a select few who are not really interested in communicating with the people.

Editorial

Iranian tragedy
Updated 21 May, 2024

Iranian tragedy

Due to Iran’s regional and geopolitical influence, the world will be watching the power transition carefully.
Circular debt woes
21 May, 2024

Circular debt woes

THE alleged corruption and ineptitude of the country’s power bureaucracy is proving very costly. New official data...
Reproductive health
21 May, 2024

Reproductive health

IT is naïve to imagine that reproductive healthcare counts in Pakistan, where women from low-income groups and ...
Wheat price crash
Updated 20 May, 2024

Wheat price crash

What the government has done to Punjab’s smallholder wheat growers by staying out of the market amid crashing prices is deplorable.
Afghan corruption
20 May, 2024

Afghan corruption

AMONGST the reasons that the Afghan Taliban marched into Kabul in August 2021 without any resistance to speak of ...
Volleyball triumph
20 May, 2024

Volleyball triumph

IN the last week, while Pakistan’s cricket team savoured a come-from-behind T20 series victory against Ireland,...