AGL 40.14 Increased By ▲ 0.14 (0.35%)
AIRLINK 132.05 Increased By ▲ 2.52 (1.95%)
BOP 6.88 Increased By ▲ 0.20 (2.99%)
CNERGY 4.56 Decreased By ▼ -0.07 (-1.51%)
DCL 8.90 Decreased By ▼ -0.04 (-0.45%)
DFML 42.60 Increased By ▲ 0.91 (2.18%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.95 Increased By ▲ 0.18 (0.55%)
FFBL 76.61 Increased By ▲ 1.14 (1.51%)
FFL 12.10 Increased By ▲ 0.63 (5.49%)
HUBC 110.00 Decreased By ▼ -0.55 (-0.5%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.50 Increased By ▲ 0.11 (2.04%)
KOSM 8.25 Decreased By ▼ -0.15 (-1.79%)
MLCF 39.02 Decreased By ▼ -0.77 (-1.94%)
NBP 64.75 Increased By ▲ 4.46 (7.4%)
OGDC 199.00 Decreased By ▼ -0.66 (-0.33%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.50 Increased By ▲ 1.58 (1%)
PRL 26.22 Decreased By ▼ -0.51 (-1.91%)
PTC 18.30 Decreased By ▼ -0.16 (-0.87%)
SEARL 82.00 Decreased By ▼ -0.44 (-0.53%)
TELE 8.11 Decreased By ▼ -0.20 (-2.41%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.83 Decreased By ▼ -0.23 (-2.54%)
TREET 17.00 Decreased By ▼ -0.47 (-2.69%)
TRG 59.10 Decreased By ▼ -2.22 (-3.62%)
UNITY 27.55 Increased By ▲ 0.12 (0.44%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,629 Increased By 222.5 (2.14%)
BR30 31,915 Increased By 201.2 (0.63%)
KSE100 99,038 Increased By 1709.8 (1.76%)
KSE30 30,818 Increased By 625.5 (2.07%)

This is apropos 'The take-home from IMF loan' carried by Business Recorder on Saturday. The writer has argued, inter alia, that "the government failed to put up a strategy in very early stage of the privatisation process to deal with nearly a force of over 500,000 unionised staff of which around 400,000 exist in the power sector. Also, it failed to put up a political game-plan."
That mega SOEs such as PIA, and PSM had been serving as the employment bureau of successive governments is a fact. Appointments on the basis of political considerations have immensely harmed the ideal of meritocracy. The labour unrest that has been galvanised by the killing of two PIA employees at anti-PIA privatisation protest demonstration recently has caused a serious setback to government's privatisation plans.

Copyright Business Recorder, 2016

Comments

Comments are closed.