Pakistan Revenue
Islamabad, December 1, 2025 – The federal government has formally removed the Utility Stores Corporation (USC) from the country’s active privatization program, following recommendations from the Privatization Commission (PC) Board during its 243rd meeting held on Monday.
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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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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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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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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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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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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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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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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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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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