Geo News TV Report : Prompt action not possible on Pay and Pension Commission (PPC) recommendations: briefing
Senate Standing Committee for Financial Affairs has been told that immediate action on the recommendations of Pay & Pension Commission (PPC) is not possible and that their implementation can be undertaken in a phased manner. A meeting of the senate committee was chaired by Senator Ahmed Ali here Friday.
The committee was told that an amount of Rs470 billion is required to implement the recommendations of the PPC but the money is not readily available. Therefore, it said that implementation on the recommendations will be made in phases. It was also brought into the knowledge of the committee that line losses suffered by Karachi and Hyderabad are more than double compared to those of Islamabad, Lahore, and Multan.
The details of line losses are as follows: Karachi 40 percent; Abotabad and Huderabad 36 percent and; Quetta 24.7 percent while the line losses of Multan, Lahore and Islamabad are 16.9 percent, 12 percent and 9 percent respectively.
During meeting Pakistan Muslime League-N leader Ishaq Dar with regard to clearance of a cheque for Karachi Port Trust (KPT) said it is the State Bank of Pakistan that has to ensure its clearance even if the action requires an overdraft. Chairman Federal Board of Revenue (FBR) told the committee that an additional amount of Rs83 billion will be collected as a result of the adoption of new measures for revenue collection.
Committee member Tahir Mushhadi said the minimum wages for a worker should be Rs9,000 per month.