NA body expresses displeasure over TCP’s failure to achieve targets
KARACHI— The Standing Committee on Commerce, Friday, expressed strong displeasure over the poor performance of Trading Corporation of Pakistan ( TCP) as it failed to achieve the targets set by the government. Committee me here with Siraj Muhammad Khan, MNA in the chair and recommended that TCP may take stringent measures to increase the import of crops of Pakistan.
The Committee further recommended that M/ o Commerce may provide subsidy to farmers by offering various incentives like subsidy in electricity bill and Urea / DAP etc. so that they could work more effectively. The NA panel was also displeased to know that export of Pakistani crops were decreased 14% this year due to mismanagement and lack of coordination between the concerned departments.
KARACHI: The Board of Management of PSO reviewed the performance of the Company for nine months Financial Year 2016. Musadik Malik presiding over the meeting at PSO House Karachi. PSO reported a profit after Tax of Rs4.6b for 9MFY15 as opposed to Rs3.2b for 9MFY15.