- Fragile five to Fastest growing economy - India
- 11th largest to the 5th largest economy - India
- Share of world GDP from 2.43% in 2014 to 3.08% in 2018
- Average GDP 7.3% against 6.7% in previous regime
- Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
- Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
- Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
- Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
- Fiscal deficit under control
- Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
- IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
- Restaurant bills tax reduced from 18% in 2014 to 5%
- Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
- Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
- DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
- Zero IT for businesses with turnover upto 60 lakhs
- GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
- Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
- 75 billion $ or Yen to Rupee exchange agreement with Japan
- 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
- Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
- 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
- 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
- Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
- Benami Act for action against Money Laundering
- Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
- Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
- Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
- More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
- Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
- 7 crore new gas connections to 3.5 crore households u/69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
- 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
- 18000 remote villages connected with electricity
- 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
- Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
- IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
- Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
- 17 crore soil health cards
- 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
- 1,78,346 houses built in NE over existing 2875 houses built till 2014
- Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
- Trading agreement in rupee with Iran and UAE
- Common service centres up from 84k to 3 Lakh
- OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
- India's vaccination programme Indradhanush amongst 12 best practices of world
- 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
- More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
- 87% reduction in 400 cancer drugs
- Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
- Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
- Katra rail line work completed after 16 years
- Dhola Sadiya bridge work completed after 16 years
- Sardar Sarovar Dam work completed after 15 years
- Aadhaar act
- Pakyong airport completed after 10 years
- Chennai Nashri Tunnel after 10 years
- Assam NRC after 40 years
- National War Memorial after 50 years
- NE cpas after 60 years
- Kollam bypass after 43 years
- Indo-Bangladesh enclaves after 42 years
- Bansagar canal project after 40 years
- Bogibeel bridge after 23 years
- Western peri expressway after 15 years
- Kota Chambal bridge after 11 years
- Maibang-Lumding Stretch completed
- Delhi Meerut Expressway completed
- Ganga Expressway project (world's longest) underway
- Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
- All umanned level crossings eliminated
- Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
- 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
- 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
- 1.5 million electric rickshaws
- Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
- 05 billion$ S 400 Triumf air defence missile system deal with Russia
- 145 M777 howitzer deal
- 22 Apache AH 64E multi-role combat helos
- 200 KA-226T helicopters
- 56 EADS CASA C-295 transport aircraft
- 15 CH 47 Chinook tactical transport helicopters
- 2.3 lakh Bullet proof jackets
- 1.6 lakh Bullet-proof helmets
- 777 mn USD Barak 8 LRSAM contract
- 5 bn USD S-400 air defence systems
- 10 Heron TP armed drones
- 4 additional P8I MR aircraft
- 40 units of Laser sensor border fence installed
- 72,400 Sig Sauer Assault rifles
- 100 self-propelled K9 Vajra howitzers
- 700000 AK-103 Kalashnikov assault rifles indigenous facility
- Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
- 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
- 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
- Divisional status to Ladakh
- 470 bed ESIC hospital in Ennore
- 100 bed ESIC hospital in Tiruppur
- Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
- 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
- RERA implementation
- Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
- Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
- India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
- 5100 m Mandvi Bridge in Goa in 3.5 years
- Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
- Therubali - Singapur Bridge No 588
- Restoration of Asurgarh Fort, Kalahandi
- GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
- 10% EWS reservation
- 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
- Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
- 101 terrorists and 11 offenders extradited
- 90,000 ex-partite Indians evacuated
- Chabahar port, Sittwe port and Duqm port
- Military installation in Seychelles
- International logistics agreements with US, France and Singapore
- Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
- Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
- Record number of foot over bridges built
- 871 new train services
- 180 new rail lines
- Dedicated railway freight corridor - 2 sections completed
- 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
- Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
- Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
- Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
- Largest coach production in world at ICF, Chennai
- No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
- 400 wi-fi railway stations (Aug 18)
- 80% reduction in rail accidents
- 10 high speed rail corridors underway, target date 2025-26
- Export of world class customised coaches from MCF, Rae Bareli
- LIC and Air India register profit
- 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
- Neem coating of urea
- Gokul mission - record 160 million ton milk production
- Online availability of CBSE and NCERT books
- 10 crore LED bulbs distributed, 5000 crore savings
- Investment in urban infrastructure jumped from 157703 crores to 795500 crores
- Statue of Unity to commemorate Iron Man of India
- Rs 2509 crore sales in Khadi
- 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
- 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
- Ease of Doing Business Index 142 (2014) to 100 (2018)
- Ease of getting electricity index 99 (2014) to 26 (2018)
- UN's e-govt index 118 (2014) to 97(2018)
- Globalisation index 112 to 107 (2018)
- Innovation index 76 to 60 (2018)
- Competitiveness index 71 to 39
- Logistics performance index 54 to 35
- Global peace index 141 to 137
- DBR ranking 100 to 77
- India ranks 3rd in global start up ecosystem
- 06 crore jobs in MSME sector based on CII data
- 448 million formal jobs based on EPFO, NPS and PPF data
- 10 crore jobs in entrepreneurship via mudra and other schemes
- 80% increase in tax payers, 51.3 % increase in gross tax revenue
- Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours
- 800 km Delhi-Mumbai Expressway underway
- Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
- No terror strikes in hinterland
- 103 new KVs
- 62 new Navodaya Vidyalayas
- 6 new IITs against 16 in previous 57 years
- 6 new IIMs against 13 in previous 57 years
- 7 IIITs against 7 in previous 57 years
- 02 new IISER
- 12 new AIIMS against 7 in previous 57 years.
- 141 new universities against 30 in previous 57 years
- 01 new NIT
- Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
- Atal Pension Yojana
- Pension to 42 crore people of unorganised sector
- Ambedkar memorial
- BHIM application for digital payments
- Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
- Special Task Force for Olympics
- RERA Act
- Bullet train maiden project
182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km
- 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
- Unemployment rate 3.8% against 13.8 % in 2013
- India is a less-cash society now
- Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
- Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
- Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.
- Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.
191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022
- Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
- International Yoga Day
- Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.
- 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
- Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
- India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
- Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
- 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
New Adds
- Removal of article 370 and thereby also 35a after several decades.
- Giving citizenship to persecuted minorities in Pakistan, Bangladesh and Afghanistan through passing of CAA.
- Trust for creation of Ram Mandir underway.
- Abolishment of Haj subsidy.
- Abolishment and criminalization of instant triple talak.
- Deal with Bodo community.
- Getting Maulana Masood Azhar listed as an UN designated terrorist.
Source - https://www.reddit.com/IndiaRWResources/comments/bgkus6/200_achievements_of_modi_govt/
List more achievements in the comment section and lets make the list bigger, a big thank you to our fallen kar sevak
u/Alive_Firefighter submitted by -
Pakistan to be out of FATF's grey list by September, promises Central Bank Islamabad will strictly implement the requirements of the Financial Action Task Force (FATF) in order to get out of the money laundering grey list released by the Paris-based body, a senior official of Pakistan's Central Bank said on Wednesday. FATF had previously placed Pakistan on its watch list of countries that need to do more in relation to anti-money laundering and combating the financing of terrorism.
"The FATF challenge has be to be addressed. Pakistan has mandated upon itself to enforce the FATF plan in letter and spirit. Whatever the requirements about the FATF plan are, they will be imposed and Pakistan will be out of grey list by September 2019. FATF is a risk but we are addressing it in the right letter and spirt," said Syed Irfan Ali, executive director for Banking Policy and Regulation Group at the State Bank of Pakistan.
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NAB finds 'proof of massive money laundering' against Sharif family The Sharif family’s troubles seem set to worsen as reports suggest the National Accountability Bureau (NAB) has found evidence of massive money laundering through which Shehbaz Sharif and his family members accumulated assets in the United Kingdom.
According to sources privy to NAB’s investigation, the illegally accumulated assets are worth Rs85 billion to Rs100 billion and were bought during Shehbaz’s tenure as Punjab chief minister.
They said the evidence found was irrefutable and showed striking similarities with the money laundering and fake accounts case against former president Asif Ali Zardari and other Pakistan Peoples Party leaders.
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US debunks Indian claims of shooting down PAF F-16 Indian claims of shooting down a Pakistan Air Force (PAF) F-16 on February 27 were debunked by US officials as all aircraft are accounted for. Pakistan invited US officials to physically count the F-16 planes after the incident. Some of the aircraft were not immediately available for inspection due to the conflict, so it took US personnel several weeks to account for all of the jets, one of the officials said.
The report stated that two US defence officials with direct knowledge of the matter said US personnel had done a count of Pakistan’s F-16s and found none missing.
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Finance minister rules out further rupee devaluation Finance Minister Asad Umar on Friday ruled out the need for further devaluation of the Pakistani rupee as the currency stands at equilibrium. “The International Monetary Fund (IMF) has made no demand for rupee devaluation,” Umar clarified categorically while addressing at Pakistan Stock Exchange (PSX) through online video conference. “Today, the State Bank of Pakistan (SBP) has clarified the rupee is standing at equilibrium,” he said. Dismissing reports of further devaluation, he added: “Stop circulating rumors that Asam Umar has said rupee would depreciate to 160 or 180.”
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o For the Centre for Social Justice (CSJ) in Lahore, Christian children have the right to study the Bible, Hindu children have the right to study the Bhagavat Gita and Buddhist children have the right to study the Vedas. Together with the People’s Commission for Minorities Rights (PCMR), the CSJ held a conference on 29 March in which they adopted a resolution entitled ‘Right to education without discrimination’ demanding the right of minorities to teach their own religion in schools, as guaranteed by Article 22 of the Pakistani Constitution. Currently, only Islam is taught in schools.
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China’s BeiDou Navigation System Will be Able to Replace GPS in Pakistan Soon Pakistani military reliance on the US-owned Global Positioning System (GPS) will be reduced after the use of China’s Beidou satellite navigation system which is projected to achieve global coverage by 2020. This was the crux of background discussions between former military officials and telecom experts.
Beidou is the world’s fourth space-based navigation system, following GPS by the United States, GLONASS by Russia and Galileo by the European Union. According to experts, the satellite-based system plays a vital role in the modern world, especially during wartime.
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PM Imran Khan announces unprecedented 10 years development package for tribal districts Prime Minister Imran Khan has announced a ten-year special development package for tribal districts. Addressing a big public meeting at Jamrud, Khyber district this evening, he said one hundred billion rupees will be spent on the development of tribal areas each year. He said health, education and sports facilities in tribal areas will be enhanced.
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SBP’s Forex Reserves Cross the $10 Billion Mark The foreign exchange reserves of State Bank of Pakistan (SBP) have crossed the $10 billion mark by March-end. During the week that ended on 29 March 2019, SBP received inflows of RMB 15 billion (equivalent to US$2.2 billion) as proceeds of the loan obtained by the government of Pakistan from China. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by $1.931 billion during the week.
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Benami Properties: FBR takes an unprecedented step Federal Board of Revenue has established three Benami Zones at Karachi, Lahore and Islamabad for enforcement of Benami Transaction (Prohibition) Act, 2017. In a press release issued today (Thursday), it was said after examination of available information FBR Benami Zones Karachi and Lahore have issued show cause notices in six cases of Companies holding shares and immovable properties as Benamidar.
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Ministry of Finance proposed to amend Foreign Exchange Regulations Act in Pakistan Ministry of Finance has proposed to amend the Foreign Exchange Regulations Act 1947 to prevent illegal foreign exchange transactions. Under the proposal, the previous act will be updated with an amendment act to empower the State Bank of Pakistan to regulate foreign exchange regime in the country more effectively.
It said proposed amendment has been approved by the Federal Cabinet and transmitted to Parliament for enactment. The measure is a part of government's efforts to enhance the transparency of financial transactions.
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KP government launches 'Pink Bus Service' exclusively for women Khyber Pakhtunkhwa government launched on Thursday ‘Pink Bus Service’ exclusively for women in Mardan. A spokesman of the project told our Peshawar correspondent that a total of seven Pink Buses will ply in Mardan. There are fifteen bus stops each facilitated with the solar panels.
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Pakistan makes a new offer to Iran, FTA in works Pakistan has invited Iran for talks on a free trade agreement (FTA). Pakistan has proposed that talks could be held on April 23-24 in Pakistan. The report added that lack of direct banking channel between the two countries is the main hurdle in finalizing the free trade agreement.
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Govt Mulling to Withdraw 10% FED on 1,700cc Vehicles: Abdul Razaq The government is considering to withdraw its decision of imposing 10% federal excise duty (FED) on cars with engine capacities exceeding 1,700cc. The Senate’s Standing Committee on Industries and Production, on Wednesday, was informed that the 10 percent FED imposed on locally manufactured cars and SUVs, having engine capacity exceeding 1,700cc, would be withdrawn soon.
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Govt to Crackdown Against High Medicine Prices & Launch An Online Price Portal The federal government has ordered a crackdown against pharmaceutical companies that are illegally increasing medicine prices. Minister for National Health Services (NHS), Aamer Mehmood Kiani, ordered an operation against such firms on Wednesday.
“Though the Drug Regulatory Authority of Pakistan (DRAP) deals with the matter, as a government representative, I consider myself responsible for providing relief to the masses and answerable to them. I am personally looking into the matter and would not tolerate an illegal and unauthorized increase in the prices of medicines,” the minister said.
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Pakistan’s First Environment Friendly Food Festival to Start on 5th April To discourage single-use plastics and promote sustainable food consumption, WWF-Pakistan is organizing the country’s first environmental-friendly food festival in Karachi. The festival, ReFest, aims to reduce food waste and raise awareness about eating food in a responsible way as well as adopting sustainable practices in our daily lives such as reduced use of single-use plastics. The theme of the festival is to spread awareness about the cause and enjoy the festivals responsibly, as per WWF, festivals were one of the reasons of over-littering due to massive use of single-use plastic in food festivals. The idea is to promote a sense of responsibility among citizens about how we can enjoy and be responsible at the same time.
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Gilgit is Getting a Dedicated Tourism Police Division Gilgit-Baltistan Inspector General of Police (IGP) Sanaullah Abbasi said that a special tourism force will be formed in the region to ensure the safety of national and foreign tourists. He also told that the GB government will deploy 700 personnel for the protection of the China-Pakistan Economic Corridor route. The special tourism force called, “Tourism Police Division” will be set up on the model of Malaysia and Thailand.
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PM takes part in Hyderabad University’s Groundbreaking Ceremony. The project is projected to complete within 3 years, with over Rs. 2 billion as the estimated cost. The land for building the university has been marked in Kohsar. A bill will be passed from the National Assembly for the construction of the university. The name of the university has been decided as “Federal Urdu University Hyderabad”.
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Facebook Launches Its Innovation Lab Platform in Pakistan Facebook and Pakistan’s Ministry of Information Technology along with the National Technology Fund (IGNITE) launched the first Facebook Innovation Lab located in the National Incubation Centre (NIC) at the Lahore University of Management Sciences (LUMS). The launch event, held on Wednesday, April 3, 2019, was attended by several thought leaders from across the world who came together and debated on issues such as women and technology; the impact that VR has on social good and impactful ways to harness technology for social good.
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UN Adopts Pakistan Sponsored Resolution Against Islamophobia The United Nations General Assembly (UNGA) unanimously adopted a resolution on Tuesday strongly condemning acts of violence and terrorism against religious minorities.mThe resolution, titled ‘Combating terrorism and other acts of violence based on religion or belief’ was moved by Turkey and co-sponsored by Pakistan.
Through this, the UNGA condemned the atrocious terrorist attack targeting Muslims during Friday prayers in two mosques at Christchurch, New Zealand this month, while offering deepest condolences to the victim families.The UN assembly called for the protection and promotion of freedom of religion and belief while developing a domestic environment of religious tolerance, respect, and peace.
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Government announces changes for new budget With the new budget coming up, the Pakistan Tehreek-e-Insaf (PTI) government announced on Tuesday its first tax amnesty scheme on hidden domestic and offshore assets – in an attempt to boost the sinking tax revenue.
Besides, the government announced that it would stop the unchecked outflow of dollars through foreign currency accounts, declaring its intention to amend laws to link the outflows for investment with the approval of the authorities. “An asset declaration scheme will be announced before the budget,” Finance Minister Asad Umar told journalists.
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First ever Pakistani international tourism corner opens in Europe Pakistan has opened its first International Information Tourist Corner in Belgium to offer Europeans Pakistan’s unique culture, stunning scenic view of its northern areas and the traditional lifestyle of mountain people. Launched jointly in collaboration with the Embassy of Pakistan in Brussels and Tribes, a Dutch Company established in Brussels, the tourist corner is the first-ever initiative by the Pakistani mission in Belgium to promote tourism in Pakistan
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Asad Umar hints at withdrawing tax exemptions for elite Finance Minister Asad Umar on Tuesday hinted at withdrawing tax exemptions being availed by the elite and also announced a drastic reduction in the number of withholding taxes from the next budget including the tax on banking transactions being paid by non-filers of tax returns.
The minister expressed these views at the launching ceremony of a book, ‘Growth and Inequality in Pakistan – Agenda for Reforms’. The book has been written by Dr Hafiz A Pasha whom Umar described as Pakistan’s number one economist. Friedrich Ebert Stiftung – a German institute – has financed the book under the theme of ‘Economy of Tomorrow’. The book discusses almost every important aspect of Pakistan’s economy and carries a detailed chapter on elite capture of the state.
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PM Imran Khan to perform ground breaking of two Naya Pakistan Housing Programme sites Prime Minister Imran Khan is expected to perform the ground-breaking ceremony of two housing projects in Islamabad and Quetta later this month. Both projects are part of PM Khan’s ambition of Naya Pakistan Housing Program (NPHP) under which he promised to deliver 500,000 low-cost residential units to the underprivileged faction of the society.
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PM Khan announces economic corridor between KP Khyber and Afghanistan PM Imran Khan has announced formation of economic corridor between KP Khyber and Afghanistan for improving trade and economic activities in the region. PM Khan announced that he has issued directives for the Torkham border with Afghanistan to be kept open 24/7 in order to facilitate business and trade for locals.
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First woman principal appointed at K-P police training centre A police training centre in Khyber Pakhtunkhwa’s (K-P) Mansehra has appointed a woman principal – a first for the province. Sonia Shamroz, an MBA in human resource management and an 18-grade officer, termed her appointment to the billet as a matter of great pride for her family and herself.
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Pakistan expected to get significant export orders at Istanbul fair Pakistan Consul General in Istanbul Bilal Khan Pasha has said that the auto industry of Pakistan, especially the manufacturers of auto and tractor parts, tyres and tubes, has the potential to make inroads into the Turkish market.
“Turkish automakers and Pakistani engineering companies are negotiating to form joint ventures; in the next phase small and medium enterprises of the two countries will enter into partnerships,” Pasha said while talking to The Express Tribune on the sidelines of the Automechanica exhibition, which kicked off in Istanbul on Thursday. “This year, Pakistani companies manufacturing auto and tractor parts as well as tyre tubes are expected to get significant export orders at Automechanica, which will help increase non-traditional goods export from Pakistan to Turkey,” the consul general said.
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PM Imran urges lawmakers to share meal with homeless at govt shelters Prime Minister Imran Khan on Saturday urged lawmakers to visit the homeless at government shelters and “share a meal with the people using them”.
The premier asserted that this practice will sensitise public representatives to issues faced by the bottom tier Pakistani society. “In the coming months I will personally monitor effectiveness of our poverty alleviation jihad,” the prime minister went on to add in a tweet.
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