ISLAMABAD: Senate Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization Thursday reviewed in detail the Credit Bureaus Bill, 2015 which was passed from National Assembly.
It suggested new recommendation for further discussion on the bill in next meeting to be held on July 01.
The Committee also discussed different public petitions which were referred to it for appropriate action. It said that the bill, instead of giving relief to the people, discloses the secrecy of their financial assets.
Director State Bank of Pakistan gave details regarding the Credit Bureau Bill 2015 to the Senate Committee of the Finance.
Taking up a public petition of Meher Muhammad Waqar pertaining to PM’s Package for the families of government servant who die in service, the Committee was informed that the PM has constituted a committee to re-examine the policy keeping in view the financial implications and the package notified on October 20, 2014 was held in abeyance.
The cases of assistance were now being processed according to the policy guidelines notified on June 13, 2006.
The Committee also gave consideration to the petition of Mehtab Ahmed regarding non-payment of special allowance, 2013 at 20 percent of basic pay per month to all the Federal Government employees. Ministry of Finance informed that the basic purpose of this allowance was to minimize disparity in pay and allowances of different section of government employees.
The committee was informed that some of the government employees filed a petition before Islamabad High Court to grant this allowance to the employees of attached department and autonomous and semi-autonomous bodies.
Other petition submitted Muhammad Hasnain pertaining to life time arrears were also discussed and decided to send case to the relevant department and advised to form comprehensive policy in this regard.
Saleem Mandviwala observed that public interest should be taken care of and advised to resolved these issues.
He said that committee should also be kept onboard and taken in to confidence in this regard.
The meeting was attended by Senators Muhammad Mohsin Khan Leghari, Muhammad Talha Mehmood, Nasrin Jalil, Kamil Ali Agha, Nuzhat Sadiq and Islamuddin Sheikh.