Tag: Drive

ISLAMABAD - The State Bank of Pakistan (SBP) has advised the government to abstain from the wheat procurement drive during the current financial year, without selling off its current stock of 6.5 million tonnes of wheat, against which government departments still owe Rs 250 billion.
A Finance Ministry official said the SBP had asked the government to take urgent steps to reduce the commodity loan of Rs 351 billion. The federal and provincial departments had taken loans of Rs 250

LAHORE - Al-Khair Welfare Society had launched Healthy Child Campaign on January 31, 2011 that aimed at examining health conditions of school going children. This initiative from Al-Khair Welfare Society is a step towards providing good health facilities to the people of Pakistan as on the first day of this campaign, the team has examined 500 children.
A team of four doctors from Al-Khair Free Hospital will also visit 22 schools to examine 22,000 children in the month of February.

KARACHI - The State Bank of Pakistan (SBP) views that the government should implement all the proposed levies including reformed GST, wealth tax, agriculture tax, capital gains tax and windfall tax to broaden present narrow tax base of the cash-strapped country.
"Arguably all of these proposals should be implemented to ensure widening of the tax base," the State Bank said in its First Quarterly Report for 2010-11 issued on Wednesday. The central bank, expressing concern over the

KARACHI - The Sindh government has announced that the anti-polio drive in the province would be launched from February 2, but confusion still persists over lady health workers' (LHW) participation in the drive after the Sindh chapter of the workers' association refused to return to work till their salary dues were not cleared.
The anti-polio drive was scheduled to start on January 31, but was postponed after LHWs went on strike, saying that the government had not given them

LAHORE - The US Consulate Lahore office Economic Officer Jessica Berlow and Economic Specialist Shahid Abbas on Monday visited Kujer village in Sheikhupura to see community service projects started by Rotary International. Rotary International District Governor Shehzad Ahmed and Assistant Governor Iqbal Malik organized.
The guests were given a warm welcome by the villagers. They visited Government Elementary Girls' School where Rotary provided basic necessities such as

KARACHI - The Karachi Stock Exchange (KSE), facing a loss of around Rs 10 million every month, has embarked upon, what the sources call, an austerity plan. In a move to curb losses at the bourse, the KSE management has terminated the services of at least three general managers as a part of its austerity plan under which the termination of some 83 non-management staffers of the KSE is also being considered.
According to sources, the country's largest bourse is incurring sustained

NEW DELHI - India's ruling Congress party on Sunday vowed to fight corruption by fast-tracking court cases, as the government tried to overcome stinging criticism after a string of financial scandals. Party president Sonia Gandhi, the key powerbroker of Indian politics, told the annual Congress leadership conference in New Delhi that the 125-year-old party must show zero tolerance of corruption to survive.
The pledge followed a telecom scandal that deadlocked an entire session of

Troubled actress Lindsay Lohan has finally been permitted to drive, it has emerged. According to sources, people at the Betty Ford clinic finally decided to hand over Lohan's keys - exactly two weeks after her license was restored by the L.A. County Probation Department.
Earlier, Betty Ford was reluctant to let the 'Mean Girls' star drive - because they thought paparazzi would follow her creating a dangerous driving environment.
However, according to sources, Betty Ford

ISLAMABAD: The government has approved a tree plantation campaign, in collaboration with the private sector, which will be completed at an estimated cost of Rs 12 billion, Labour and Manpower Minister Syed Khursheed Shah said on Friday.
Replying to supplementary questions raised by parliamentarians during the Question Hour in the National Assembly, the minister said that in the past, forests were ruthlessly cut down for development projects. However, the government was taking

LONDON: Diplomacy is not enough to stop Iran developing nuclear weapons, the head of Britain's foreign spy service said on Thursday, urging an "intelligence-led" approach to stopping nuclear proliferation.
In an unprecedented public speech, MI6 chief John Sawers said that the intelligence activities were responsible for Iran's admission last year of a second enrichment plant, which in turn led to tougher diplomatic pressure on the country.
"Stopping nuclear proliferation