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Senate Reluctant for giving Powers of Privatization to Prime Minister

admin-augaf by admin-augaf
September 21, 2021
in Business
Reading Time: 2 mins read
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Senate Reluctant for giving Powers of Privatization to Prime Minister

Senate Reluctant for giving Powers of Privatization to Prime Minister

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Islamabad September 21, 2021: Meeting of Senate Standing Committee on Privatization was held under the chairmanship of Senator Shammim Afridi at Parliament House.

Meeting reconsidered the bill titled” The Privatization Commission (Amendment) Bill, 2021” moved by Minister for Privatization in the Senate sitting held on23rd June, 2021.


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Committee members received a detailed briefing from Ministry officials on the proposed amendments in the Bill. Senator Sabir Shah while expressing his reservations on the Bill said that” Bypassing cabinet and empowering an individual the Prime Minister is against the norms. Amendments will result in withdrawal of collective wisdom. If we go ahead with these amendments it would set a wrong precedent”.

Ministry officials answered that proposed amendments have no effect on process of privatization. We go to the cabinet three to four times during the whole process of privatization. This is by no means limiting the powers of cabinet. Word Government is mentioned in the Privatization Act 83 times. We have just decided to replace the word in 4 places, which will give power to Prime Minister to make appointments in Privatization Board.

As per existing definition of Government and Act We have to go cabinet for even small petty tasks such as account opening. These amendments are aimed at removing these bottlenecks, informed officials from Ministry of Privatization.

Consideration of the Bill was deffered by Committee members after due deliberations.

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