ISLAMABAD - The members of the Senate Standing Committee on Finance and Revenue on Thursday showed reservations over the Credit Bureaus Bill, 2015, saying it would increase the problems of the people instead of providing any relief.

The Senate Standing Committee on Finance and Revenue, which met under the chair of Senator Saleem Mandviwalla, has reviewed the Credit Bureaus Bill, 2015 which was recently passed by the National Assembly. The committee members expressed their concerns over the bill and sought amendments in it.

It was decided to summon next committee meeting on July 1 to make further deliberations on it. The committee has also taken the public petition of Meher Muhammad Waqar and Muhammad Hussain pertaining to PM’s Package for the families of government servant who dies in the service. The committee was briefed 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 absence of finance ministry. The committee was further informed that 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 minimise 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.