Islamabad  - Senate Standing Committee on Industries has directed Ministry of Finance to timely release funds for the ongoing development projects.

During the briefing officials informed that most of the offices working under Ministry of Industries were performing well, however, some were not performing due to shortage of funds.

The Ministry of Industries officials said that ten industries has been converted on solar and a feasibility is being prepared to enhance performance of Heavy Mechanical Complex and a turbine is being developed which will produce more than 300 MW electricity.

The committee took notice of delays in payments of provident fund and gratuity to Pakistan Steel Mill employees and said that rights of temporary employees should also be safeguarded.

The committee was informed that ECC has sanctioned salaries of the employees till the month of November, whereas Ministry of Finance has to pay provident fund and other payable.

Members were further informed that more than 15000 employees were working in steel mill in three shifts and Pakistan Steel’ s payables till august were Rs.37 billion

Senator Taj Haider expressed that gas supply to mill was suspended when mill productivity touched 65 percent.

The steel mill management said that mill was improving and they have received orders of more than one billion rupees. They hoped that if they will deliver orders on time they would have more orders of Rs 7 billion.