Pakistan, March 20 -- Since August 2018, Utility Stores Corporation of Pakistan (USC) has taken fair bit of lead in media.Despite its large network of around 5,000 outlets and more than 14,000 employees, USC is witnessing turbulent times since year 2013. USC has suffered cumulative loss of around 13.6 Billion since 2013. Declining sales and increasing losses are increasing burden on National Exchequer.

USC has witnessed profits of Rupees. 1.4 Billion in 2013-14. It's beyond imagination to witness a State Owned Enterprise with such an extensive foot print in losses. It's evident that there are multiple reasons to it. Mismanagement, lack of policies, old technology, and long outstanding receivable in lieu of subsidies are to name few.In ad...