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Friday, 18 April 2014

 

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Saqlian questions “Doosara” in present era
KARACHI, Apr 17 (APP): Master off-spinner Saqlain Mushtaq indirectly questioned the legality of “Doosra” in the current era.  The inventor of the mystery ball, said that, due to his technique, he never felt any difficulty in managing the away going delivery,” he told a private television channel on Thurdsay. He declined to comment on the official rules, in this regard, saying that it was the job of the International Cricket Council (ICC) to look into the matter.
 
11th National Women Softball Championship from Friday
RAWALPINDI, April 17 (APP): A three-day 11th National Women Softball Championship-2014 will be held at Pindi Cricket Stadium from Friday. In a joint announcement here, District Coordination Officer  (DCO) Sajid Zafar Dall and Chairperson Senate Standing Committtee on Sports Kalsoom Perveen, said Six teams from all over the country including defending champions Sindh, Balochistan, Khyber Pakhtunkhwa, Punjab, Islamabad and Police Department would participate in the championship.
 
National Shooting trials for Asian, CW Games on May 10
KARACHI, Apr 17 (APP): Second phase of trials to select Pakistan sharp shooters for this year’s Asian Games and Commonwealth Games will be held at Naval International Shooting Range here on May 10, National Rifle Association of Pakistan (NRAP) announced on Thursday. “Trials will be conducted in all events like Rifle, Pistol and Shotgun,” Executive Vice President NRAP Razi Ahmed Khan told APP here.
 
Army excels in National Taekwondo
KARACHI, Apr 16 (APP): Pakistan Army swept all the 30 gold medals at stake in the National Taekwondo Championship at the Rangers Training Centre & School here, said a news release issued here on Wednesday. Army martial arts players dominated the event from start to finish with superb technique and power.
 
First round of Inter-Media cricket tournament ends
ISLAMABAD, Apr 16 (APP): The Inter-Media Cricket Tournament organized by Pakistan Telecommunications Company Limited (PTCL) continues in full swing here. The tournament, organized in collaboration with National Press Club, comprises of teams belonging to national and international print and electronic media. The first round saw thrilling matches between various teams which competed fiercely to reach the second round.
 
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New development strategy to foster sustainable and more equitable eco-growth PDF Print E-mail
ISLAMABAD June 4 (APP):- Embarking on a fundamental change of the development paradigm, new strategy aims at fostering sustainable and more equitable growth  by means of structural improvements in the productive sectors of country’s economy, involving wide range of policy actions across the sectors.  Enhancing the tax-to-GDP ration is a key plank of  the government economic strategy. A proposed law to  implement a broad-based Value Added Tax (VAT) with minimal exemptions from July 01, 2010 has been present to the parliament in this regard, according to Economic Survey 2009-10 unveiled here on Friday.  HTML clipboard

In addition, other measures such as improving tax administration and reinstating tax audits have been taken.  The cumulative effect of these policy measures is expected to be an increase of Pakistan’s Tax-to-GDP ratio to 13 per cent by 2013 from 8.9 per cent in 2008-09.
Under reform of the power sector, electricity tariff has been raised between 40- 55 per cent in less than two years, in an effort to reduce the level of subsidies absorbed in the budget, while simultaneously moving to a full cost-recovery tariff for the power utilities. Under a new Act of parliament, adjustment in tariff for changes in fuel prices for power generation has been made automatic.
A Cabinet Committee on Restructuring (CCOR) has been formed to restructure key public sector enterprises (PIA, PEPCO, Railway, TCP, USC, Pakistan Steel Mills, NHA) with a view to stop leakages caused by annual losses amounting to approximately 1.5 per cent of GDP.
The eventual aim, the Survey said, is to turnaround these Public Sector Enterprises into profitable, self-sustaining ventures under Public-Private Partnership mode.
Under Social Protection, the government has launched the Benazir Income Support Program (BISP). An allocation of  Rs 70 billion has been made in the federal budget 2009-10 with an objective of targeting 5.5 million poor and vulnerable households in Pakistan with a cash transfer of Rs 1000 per month to each.
The size of BSIP makes it the largest social protection scheme in the country’s history and it works in conjunction with other safety nets such as Bait-ul-Maal, Zakat Fund and provincial programmes such as the Sasti Rot scheme.
The government, Survey stated successfully concluded the Seventh National Financial Commission (NFC) Award - only the fourth in Pakistan’s entire history and the first for the last 19 years. This Award greatly augments the quantum of resource transfer from the Centre to the Provinces.
In conjunction with the higher resource transfer to the provinces, the Centre will also devolve some major functions and expenditure heads to the sub-national government in line with the provision of the 1973 Constitution.
 

     

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