ISLAMABAD (APP) - One of the most pragmatic ways to increase efficiency and productivity is to make the employees as shareholders in the profit and management of the organizations. President Asif Ali Zardari said this during a meeting on the empowerment of the employees of the State owned entities (SOEs) in the Presidency on Monday. The meeting was attended by Mian Manzoor Ahmed Wattoo, Minister for Industries and Production, Syed Naveed Qamar, Minister for Privatization, Haji Ghulam Ahmed Bilour, Minister for Railways, Raja Pervaiz Ashraf, Minister for Water and Power, M Salman Faruqui, Secretary General to the President and senior government officials of relevant ministries. Spokesperson to the President former Senator Farhatullah Babar quoted the President as saying: Incentive driven management of entities motivates the workforce to do more and produce more. The President said that workers participation not only enhanced growth but also ensured protection and security of the assets as they have direct stakes in the viability and profitability of the entities in which they are also the shareholders. Giving briefing Privatization Minister Syed Naveed Qamar said that a total of 86 entities had been identified under the scheme in which workers will be made shareholders. These included 16 listed and 33 unlisted public companies, 23 private companies and 14 entities established under Special Act and Ordinances. Naveed Qamar said that initially the workers would be given 12 percent of the government shares in the entities which will be increased further in the future. The President said that the proposed scheme be fine tuned and all loopholes plugged before formally launching it. He said that the proposal should also be placed before the federal cabinet for a threadbare discussion.