Islamabad, September 10, 2025 – The National Assembly Standing Committee on Industries and Production on Tuesday voiced strong concern over the closure of the Utility Stores Corporation (USC), a network seen as a lifeline for millions of low-income households.
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ECC approves Rs30 billion grant for closure of Utility Stores
Islamabad, August 28, 2025 – In a significant fiscal move, the Economic Coordination Committee (ECC) of the Cabinet approved a technical supplementary grant of Rs30.216 billion to facilitate the orderly closure of the Utility Stores Corporation (USC) of Pakistan.
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Utility Stores closure confirmed, VSS scheme approved
Islamabad, July 16, 2025 – The federal government has officially introduced a Voluntary Separation Scheme (VSS) for the employees of Utility Stores Corporation (USC) ahead of the entity’s scheduled shutdown on July 31, 2025.
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Thousands jobless as Utility Stores restructuring accelerates rapidly
ISLAMABAD: The government has closed down 1,925 loss-making Utility Stores across Pakistan, resulting in the termination of 4,060 employees. This move is part of a major restructuring plan for the Utility Stores Corporation (USC) aimed at cutting costs and preparing the organization for privatization.
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Utility Stores face closure amid massive layoffs
Karachi, May 4, 2025 – The Utility Stores Corporation (USC) is teetering on the brink of closure following the government’s sudden termination of thousands of contractual employees.
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Faisal Nisar Assumes Leadership at USC Headquarters
Islamabad, February 14, 2025 – The Utility Stores Corporation (USC) has welcomed its newly appointed Managing Director, Faisal Nisar Chaudhry, who officially assumed charge of his office on Friday.
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PM Shehbaz announces Ramazan package without Utility Stores
Islamabad, February 4, 2025 – Prime Minister Shehbaz Sharif announced on Tuesday that the government will unveil the Ramazan Relief Package this year without involving Utility Stores, aiming to prevent corruption and ensure high-quality commodities reach the public.
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Minister Assures No Plan to Close Utility Stores
Islamabad, September 2, 2024 – Federal Minister for Industries and Production, Rana Tanveer Hussain, assured on Monday that there is no plan under consideration to close the Utility Stores Corporation, dispelling rumors and concerns surrounding the future of the state-run retail chain.
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Shutting Down Utility Stores on the Cards
Islamabad – In a significant move aimed at reducing government involvement in non-essential business activities, the federal government is considering shutting down the Utility Stores Corporation (USC).
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Utility Stores Posts Highest Ever Ramadan Rs 44 billion Sales
Islamabad, April 9, 2024 – The Utility Stores Corporation (USC) has marked a historic achievement with record-breaking sales of Rs 44 billion during the holy month of Ramadan, surpassing its set target of Rs 40 billion under the Prime Minister’s Relief Package.
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