KARACHI: Finance Minister Senator Ishaq Dar has approved an amount of Rs.480 million for grant of one month’s salaries to the employees of Pakistan Steel Mills.
The Minister conveyed the anticipatory approval as Chairman ECC as a special case from Madinah Munawara, said PSM spokesman Shazim Akhter in a statement on Thursday.
The Employees of Pakistan Steel are grateful to the Government, Ministry of Finance, Privatization Commission, Ministry of Industries & Production for release of salary for the month of May 2015.
The decision has been taken on humanitarian grounds with a view to enable employees and families of the Pakistan Steel Mills take part in Eid-ul-Fitr festivities.
The management of Pakistan Steel has issue pay slip to the employees of PSM.