حکومت کا کئی اہم اداروں کی نجکاری کا فیصلہ

[mhafeez]

بلوکی، حویلی بہادر پاور پلانٹ کی نجکاری کا فیصلہ

کابینہ کمیٹی برائے نجکاری نے آر ایل این جی سے چلنے والے بلوکی پاور پلانٹ اور حویلی بہادر پاور پلانٹ کی نجکاری کی منظوری دے دی۔
ڈان اخبار کی رپورٹ کے مطابق بلوکی پاور پلانٹ کی صلاحیت ایک ہزار 2 سو 33 میگاواٹ ہے جبکہ حویلی بہادر پاور پلانٹ کی صلاحیت ایک ہزار 2 سو 30 میگا واٹ ہے۔
وزیرِ خزانہ اسد عمر کی سربراہی میں کابینہ کمیٹی برائے نجکاری کا اجلاس ہوا جس میں 5 پبلک سیکٹر کمپنیوں سے علیحدہ ہونے کا بھی فیصلہ کیا گیا۔
کابینہ کمیٹی نے جن اداروں کی نجکاری کی منظوری دی ہے ان میں ایس ایم ای بینک لمیٹڈ، فرسٹ ویمن بینک لمیٹڈ، جناح کنونشن سینٹر اسلام آباد، لکھڑا کول مائنز (لکھڑا کول ڈیولپمنٹ کمپنی) اور سروسز انٹرنیشنل ہوٹل لاہور شامل ہیں۔

طویل مشاورت کے بعد پاکستان اسٹیل ملز (پی ایس ایم)، پاکستان انٹرنیشنل ایئرلائنز (پی آئی اے)، پاکستان ریلوے، یوٹیلٹی اسٹور کارپوریشن، نیشنل ہائی وے اتھارٹی (این ایچ اے) اور سول ایویشن اتھارٹی (ای اے اے) کو نجکاری کی فہرست سے نکال دیا۔اجلاس کے دوران پاکستان اسٹیل ملز کو 45 روز کے اندر فعال بنانے کے لیے وزارت صنعت کو ہدایت بھی جاری کردی گئی ہے۔علاوہ ازیں دیگر متعلقہ وزاتوں کو اپنے ماتحت قومی اداروں میں بہتری اور انہیں مزید فعال کرنے کے لیے اقدامات کرنے کی ہدایات جاری کردی گئی ہیں۔تاہم سول ایویش کے معاملے میں یہ بات سامنے آئی کہ یہ ادارہ اپنے احسن انداز میں اپنے فرائض انجام کرتا ہے لہٰذا اس کی نجکاری نہیں کی جاسکتی۔

کابینہ کمیٹی کے اجلاس کے دوران یہ بات سامنے آئی کہ نجکاری کی فہرست میں موجود سرکاری ادارے نقصان کے دہانے پر ہیں جبکہ گزشتہ ایک دہائی سے ان کی نہ ہی نجکاری کی گئی اور نہ ہی ان کی بہتری کے لیے کوئی اقدامات کیے گئے۔سرمایہ کاری اداروں میں نیشنل بینک آف پاکستان اور صنعتی ترقیاتی بینک کو نجکاری فہرست سے نکال دیا جبکہ ہاؤس بلڈنگ فنانس کارپوریشن اور نیشنل انوسٹمنٹ ٹرسٹ لمیٹڈ سے متعلق وزیرِ خزانہ نے تجاویز طلب کرلیں۔

اس کے ساتھ ساتھ کمیٹی نے پرنٹنگ کارپوریشن پاکستان اور ٹریڈنگ کارپوریشن پاکستان کی بھی نجکاری نہ کرنے کا فیصلہ کیا ہے، تاہم متعلقہ وزارتوں کو ہدایت کی گئی ہے کہ وہ ان اداروں کی بہتری کے لیے اپنی تجاویز پیش کریں۔


https://www.dawnnews.tv/news/1090304/
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[mhafeez]

صرف منافع بخش ادارے اپنے دوستوں کو بیچنے ہیں ، نقصان والے ادارے نہیں بیچنے
سالانہ اربوں کا نقصان کرنے والی پی آئی اے اور اسٹیل مل کی نجکاری نہیں ہوگی منافع بخش کمپنیوں کی نجکاری کی بہت جلدی ہے​

 

[Munawarkhan]

صرف منافع بخش ادارے اپنے دوستوں کو بیچنے ہیں ، نقصان والے ادارے نہیں بیچنے
سالانہ اربوں کا نقصان کرنے والی پی آئی اے اور اسٹیل مل کی نجکاری نہیں ہوگی منافع بخش کمپنیوں کی نجکاری کی بہت جلدی ہے​

I believe the committee would know better.

 

[Eyeaan]

Perhaps not a good idea - rather a bad one.
The private power companies have long exploited and cheated the exchequer on one pretext or the other and they will not ever change their way. I suppose we need to break their monopoly than to strengthen it with more privatization. State needs to get back control of power sector and energy production. In any case, state makes major investment in power sector such as in distribution etc, and even loan guarantees for private projects but private companies reap all the profits and keep on cheating.
If private sector is so eager, they may invest in old plants that need renovation than in new up-to-date plants.

 

[mhafeez]

Perhaps not a good idea - rather a bad one.
The private power companies have long exploited and cheated the exchequer on one pretext or the other and they will not ever change their way. I suppose we need to break their monopoly than to strengthen it with more privatization. State needs to get back control of power sector and energy production. In any case, state makes major investment in power sector such as in distribution etc, and even loan guarantees for private projects but private companies reap all the profits and keep on cheating.
If private sector is so eager, they may invest in old plants that need renovation than in new up-to-date plants.

These are newly established state-run power producing companies which this government is going to privatise.

 

[Will_Bite]

صرف منافع بخش ادارے اپنے دوستوں کو بیچنے ہیں ، نقصان والے ادارے نہیں بیچنے
سالانہ اربوں کا نقصان کرنے والی پی آئی اے اور اسٹیل مل کی نجکاری نہیں ہوگی منافع بخش کمپنیوں کی نجکاری کی بہت جلدی ہے​

Selling profitable organizations while retaining a stake gives the govt a decent amount, plus residual income.
Selling loss making entities nets little to no funds, plus loss of assets. Matter of common sense my friend.
Plus, the fact that its being done by PTI means no kickbacks or corruption.. Yes, im biased.

Another thing regarding power plants is that passing the burden of circular debt, or impending circular debt to private ownership rids the govt of the brutal terms and conditions which govts of the past have signed with IPPs.

 

[Arfeen]

PIA and Steel mills , nobody is ready to buy because of accumulated losses and pension burdens, they can be sold only after they reach break even level where income & cost matches.

Otherwise for example for PIA , you will have to pay the buyer 342 billions ? how would opposition project & present that , you know very well

Valuation of entities going in profit is done differently, future profits are taken into consideration too, no profitable entity is sold at historical price, if Asad does any corruption , it will be very visible , all the anchors are after him , all reporters following his actions.

 

[Eyeaan]

These are newly established state-run power producing companies which this government is going to privatise.

Yes, this is typical crony capitalism - where the sources of revenues are gobbled up by the private sector without any investment (it is the state that backs up the loans) on the name or rationalization or ideology. (Believe me, merely an extensive paperwork makes some individual rich, by a magic of state policy). However the state is led to dilute its real powers sometimes by bribes or by global blood sucker such as IMF and often both. Of course, the profit seeker eye on gold than on the silver. The masses are left to pay for the real and meaningful investment, as in this case, on distribution sector or conservation or cheap energy projects such as nuclear or hydro. In the times, when we are crying for foreign exchange what makes us to dig another stream for flow to foreign land! - probably in this case it is IMF! All talk about about inefficiency of public sector in such crucial sector is merely a part of misguided propaganda - actual data is quite different, Put simple it is an agenda to suck the blood of poor, strengthen the capitalist class and ri weaken the national state.) perhaps PTI government is because of its (ideological and financial) constraints but this issue cuts through the basic politics for the public interest.

 

[mhafeez]

Selling profitable organizations while retaining a stake gives the govt a decent amount, plus residual income.
Selling loss making entities nets little to no funds, plus loss of assets. Matter of common sense my friend.
Plus, the fact that its being done by PTI means no kickbacks or corruption.. Yes, im biased.

Another thing regarding power plants is that passing the burden of circular debt, or impending circular debt to private ownership rids the govt of the brutal terms and conditions which govts of the past have signed with IPPs.

Why not to get rid of blood sucking institutions like SM, PIA etc?? These are costing us Rs. 1000 billion annually.

 

[Will_Bite]

Why not to get rid of blood sucking institutions like SM, PIA etc?? These are costing us Rs. 1000 billion annually.

I personally am against privatization of PIA and SM...even though PTI is inclined to doing that eventually. For a country like Pakistan, SM and PIA are security assets and need to be retained. A better option is to bring in a qualified and non-politicized board and fix these institutions. They dont have to necessarily make money for the govt. But so long as they dont use govt money, they should be ok.

 

[mhafeez]

Yes, this is typical crony capitalism - where the sources of revenues are gobbled up by the private sector without any investment (it is the state that backs up the loans) on the name or rationalization or ideology. (Believe me, merely an extensive paperwork makes some individual rich, by a magic of state policy). However the state is led to dilute its real powers sometimes by bribes or by global blood sucker such as IMF and often both. Of course, the profit seeker eye on gold than on the silver. The masses are left to pay for the real and meaningful investment, as in this case, on distribution sector or conservation or cheap energy projects such as nuclear or hydro. In the times, when we are crying for foreign exchange what makes us to dig another stream for flow to foreign land! - probably in this case it is IMF! All talk about about inefficiency of public sector in such crucial sector is merely a part of misguided propaganda - actual data is quite different, Put simple it is an agenda to suck the blood of poor, strengthen the capitalist class and ri weaken the national state.) perhaps PTI government is because of its (ideological and financial) constraints but this issue cuts through the basic politics for the public interest.

The Revolution has not yet succeeded. Comrades, you must carry on!

 

[mhafeez]

PIA and Steel mills , nobody is ready to buy because of accumulated losses and pension burdens, they can be sold only after they reach break even level where income & cost matches.

Otherwise for example for PIA , you will have to pay the buyer 342 billions ? how would opposition project & present that , you know very well

Valuation of entities going in profit is done differently, future profits are taken into consideration too, no profitable entity is sold at historical price, if Asad does any corruption , it will be very visible , all the anchors are after him , all reporters following his actions.

These institution should be handed over to its employees, nobody will moan.

 

[Arshad50]

صرف منافع بخش ادارے اپنے دوستوں کو بیچنے ہیں ، نقصان والے ادارے نہیں بیچنے
سالانہ اربوں کا نقصان کرنے والی پی آئی اے اور اسٹیل مل کی نجکاری نہیں ہوگی منافع بخش کمپنیوں کی نجکاری کی بہت جلدی ہے​

nuqsan me jo idharey hey on ko jo khareedey gaa os ki qeemat bi wese hi dega nawaz shariff ne MCB 1997 me mansha ko becha jo sab se bara ghalat kam kya MCB 1 billion ruppe me becha pakistan me is waqat MCB ki properties ki qeemat hi 500 billion hay bussenese ke ilawaa

 

[mhafeez]

I personally am against privatization of PIA and SM...even though PTI is inclined to doing that eventually. For a country like Pakistan, SM and PIA are security assets and need to be retained. A better option is to bring in a qualified and non-politicized board and fix these institutions. They dont have to necessarily make money for the govt. But so long as they dont use govt money, they should be ok.

We should also get rid of this slogan ASSET. Talibans were asset. TLP were asset. PTCL was also an asset until Pervaiz Musharraf sold that and we are still awaiting USD 600 Millions.

 

[mhafeez]

nuqsan me jo idharey hey on ko jo khareedey gaa os ki qeemat bi wese hi dega nawaz shariff ne MCB 1997 me mansha ko becha jo sab se bara ghalat kam kya MCB 1 billion ruppe me becha pakistan me is waqat MCB ki properties ki qeemat hi 500 billion hay bussenese ke ilawaa

MCB ki 500 billion ki properties tu aaj bhi nhin hain. Steel Mills ki property ki kiti qeemat hay??

 

[Will_Bite]

We should also get rid of this slogan ASSET. Talibans were asset. TLP were asset. PTCL was also an asset until Pervaiz Musharraf sold that and we are still awaiting USD 600 Millions.

PIA and steel mill are tangible assets. They have million dollars worth of airplanes, airport facilities, hangars, equipment, steel plants etc, which have a tangible value.
Non-tangible assets like taliban, TLP, IJI, are all tissue papers, a practice ISI should end once and for all. We agree on that.
As for PTCL, we are awaiting money from Etisalat because Etisalat hasnt been given possession of the infrastructure to date. What would they pay for?

 

[mhafeez]

PIA and steel mill are tangible assets. They have million dollars worth of airplanes, airport facilities, hangars, equipment, steel plants etc, which have a tangible value.
Non-tangible assets like taliban, TLP, IJI, are all tissue papers, a practice ISI should end once and for all. We agree on that.
As for PTCL, we are awaiting money from Etisalat because Etisalat hasnt been given possession of the infrastructure to date. What would they pay for?

Privatisation Commission chairperson Mohammad Zubair said that by 2006, Etisalat made an upfront payment of $1.4 billion against a total bid of $2.6 billion. The balance of $1.2 billion was to be paid in nine biannual instalments between September 2006 and September 2010.

Mr Zubair said Etisalat had paid $400 million of the remaining total, leaving an outstanding balance of $800 million. He said the company has not paid any instalment since July 2007.

He said, under the agreement, the payment of the $1.2 billion balance was subject to the transfer of clean and clear titles of 100pc of properties by January 2008.

The commission explained that of 3,248 properties, 3,212 had been transferred, and another 98 had been transferred in PTCL’s name since June 2013.

“However, Etisalat and the government of Pakistan have reached an understanding that the remaining 33 properties cannot be transferred.

“These properties will be evaluated and their amounts will be deducted from the outstanding $800 million,” Muhammad Zubair explained.


These 33 properties which couldn't be handed over are under the possession of security institutions.

 

[Will_Bite]

These 33 properties which couldn't be handed over are under the possession of security institutions.

OK. im not aware of all the details. And I dont understand what kind of properties are under question here. From what I understood, the properties were related to land covered by PTCL infrastructure, offices, tower installation areas etc. Seems like there is additional land in question here as well which has no technical value, but more of a real estate asset. If its under possession of security institutions, then Im not sure why it cant be swapped with other property/land of similar value.

 

[mhafeez]

OK. im not aware of all the details. And I dont understand what kind of properties are under question here. From what I understood, the properties were related to land covered by PTCL infrastructure, offices, tower installation areas etc. Seems like there is additional land in question here as well which has no technical value, but more of a real estate asset. If its under possession of security institutions, then Im not sure why it cant be swapped with other property/land of similar value.

Security Assets. Some of these exchanges are still under the use of PTCL but are not registered in the name of Etislat.

 

[786imran]

Selling profitable organizations while retaining a stake gives the govt a decent amount, plus residual income.
Selling loss making entities nets little to no funds, plus loss of assets. Matter of common sense my friend.
Plus, the fact that its being done by PTI means no kickbacks or corruption.. Yes, im biased.

Another thing regarding power plants is that passing the burden of circular debt, or impending circular debt to private ownership rids the govt of the brutal terms and conditions which govts of the past have signed with IPPs.

Now pti supporters will shed light on benefits of privatization when pmln wanted to privitize pia n other org imran khan was saying they selling countries esset. Now he is tasting the taste of his own medicine