Tag: Rs

BISP distributed Rs 78 billion among deserving people: Chairperson

ISLAMABAD - Benazir Income Support Programme (BISP) Chairperson Farzana Raja said that the government under the BISP has distributed Rs 78 billion amongst four million deserving families.
Talking to a private news channel, she said the target of incorporating 0.7 million poor families would be achieved by June 2011.
She said in order to ensure poor families receive facilitates as soon as possible, a poverty survey is being conducted throughout the country and NADRA is

‘Notorious bandit’ with head money of Rs 1 million arrested

KARACHI - In the last 24 hours, Sindh police have arrested over 150 suspects, including an alleged notorious bandit with head money of Rs 1 million, and recovered illegal weapons and drugs from their possession.
The New Faujdari police of Shikarpur district arrested alleged notorious bandit Azim alias Kazim Jatoi who had head money of Rs 1 million. The detainee was said to be involved in 94 heinous criminal cases.
In various actions, the law enforcers arrested 37 suspects

‘Party of the middle-class’ runs up Rs 150 million expenditures...

KARACHI - The Muttahida Qaumi Movement (MQM) claims to be a party of the middle-class, but it will be spending Rs 150 million for the April 10 public meeting in Lahore. This is despite MQM chief Altaf Hussain claiming that the party is going through a "financial crisis."
The public meeting in Lahore is being given immense importance: it will be the MQM's first rally in the capital of Punjab at such a large scale. The MQM had attempted holding a public rally during the last

CDWP approves 64 projects worth Rs 236b despite crunch

ISLAMABAD - Empty coffers that have forced the government to slash down the current fiscal's Public Sector Development Programme by a massive Rs 100 billion did not deter the Central Development Working Party (CDWP) of the Planning Commission from approving 64 projects worth Rs 236 billion for the current fiscal year.
An official statement said Deputy Chairman Planning Commission Dr Nadeem Ul Haque chaired a meeting of CDWP that considered 64 projects costing Rs 236 billion

WAPDA yet to recover Rs 210b outstanding dues, Senate told

ISLAMABAD - Almost on the verge of a financial collapse, WAPDA has to recover Rs 210 billion from defaulters, with an estimated Rs 83 billion outstanding against various government departments and Rs 127 billion yet to be cleared by the private sector.
In a written reply, the Ministry of Water and Power told Senate on Thursday that WAPDA had to recover Rs 18,127 million from Punjab, Rs 15,247 million from Khyber Pakhtunkhwa and FATA, Rs 36,669 million from Sindh and Rs 13,478

Dacoits gun down watchman, take away Rs 15m cotton yarn

FAISALABAD - A security guard was killed by the dacoits who forced an entry into a cotton yarn warehouse of in Dost Street at Maqbool Road in the jurisdiction of Batala Colony police at midnight.
Reportedly, 20 dacoits entered the warehouse and took the staff hostage at gunpoint, took their mobiles and wallets and detained them in a room. During the robbery, one of the watchmen, Mati Ullah son of Khushi Muhammad attempted to shout for help, but he was overpowered by the

Consumers pay Rs 150b for adulterated milk

KARACHI - It seems unbelievable but it is a fact that the milkmen are extorting about Rs 150 billion a year from the consumers in the urban areas by just mixing water in the milk. A brief probe carried out by Pakistan Today showed that the raw milk available at shops and being supplied to homes in major cities carries a minimum of 25 percent of the water.
In some cases, the water-milk ratio goes up to around 40-50 percent. The milkmen justify the adulteration citing high

The inter-city bus fare – an increase of Rs 200...

KARACHI - Troubles continue to mount for the residents of Karachi as inter-city bus fares have also gone up by around Rs 200 per seat following the increase in fuel prices, particularly disconcerting those who frequently leave the city to visit their hometowns.
The fares of passenger buses that travel to the interior parts of Sindh, Balochistan and other destinations have been increased at all inter-city bus terminals of the city.
The Lahore-bound buses that leave from the

PSM continues to be in red with Rs 9b per annum...

ISLAMABAD - Even after being provided a massive financial bailout package worth Rs 21.5 billion during the last two fiscal years, the Pakistan Steel Mills (PSM) is still incurring losses of Rs 9 billion per annum.
A source at the Ministry of Industries said the government had already provided Rs 6 billion in cash to the PSM while giving a sovereign guarantee of Rs 15.5 billion to commercial banks. However, he said, the state-owned entity was still in the red, as it was causing a

Milk now at Rs 60/litre

KARACHI - Employing the rationale that milk sellers' arbitrary increase of more than 20 rupees in dairy products' prices was neither logical nor reasonable, the City District Government Karachi (CDGK) on Monday fixed the per litre price of milk at Rs 60 with immediate effect.
A meeting between various stakeholders was convened at Civic Centre, the seat of the CDGK, on Monday to deliberate the issue. Interestingly, a large number of milk sellers' representatives chose not to

Transporters’ strike from 11th if fares not increased by Rs 4

KARACHI - In a move to pressure the Sindh government into allowing a four-rupee raise in public transport fares, city transporters have threatened to initiate a wheel-jam strike from Monday, April 11, till such time that all their demands are met.
The KTI would soon forward a summary seeking an increase of at least Rs 4 per seat by Sunday, transporters decided at a meeting on Monday of the larger transporters' organization - Karachi Transport Ittehad (KTI) - at its head-office.

Man shoots sister in law over Rs 13,000

LAHORE - A man shot his sister in law dead over a monetary issue in the Sherankot Police precincts on Monday. The deceased was identified as 22-years-old Salma Bibi resident of Abu Bakar Street in Sherakot.
Police said that Salma Bibi contracted marriage with a resident of Shadbagh Area about two years ago but soon after marriage, difference between Salma and her husband arose over which she filed a case for divorce in the concerned court with the help of her brother in law

Mohsin Warraich submits cheques of Rs 420m

LAHORE - A relative of Mohsin Warraich, one of the accused in the NICL land scam, on Monday presented 10 post-dated cheques of Rs 420 million to a local judge. His defence counsel Sheikh Azhar said the family was submitting these cheques under protest.
FIA ADG Zafar Qureshi confirmed that Mohsin's family had handed over the cheques to the special central judge of the FIA, adding that the mark-up on the said amount would also go to the NICL. He said if any cheque bounced, the FIA

LPG price increased by Rs 4 per kg

ISLAMABAD - The Liquid Petroleum Gas (LPG) Dealers Association has increased the price of LPG by Rs 4 per kilogram, which would come into force with immediate effect.
The spokesman of LPG dealers association told Online that the price was enhanced because of increase in rates in international market which he said had mounted by 40 to 45 USD per 100 kg. He said that global rates of LPG were linked to Saudi market where the prices shot up to 45 USD per 1000 kg.
He said that

CDG ready to start Rs 50m uplift works

GUJRANWALA - District Coordination Officer Barrister Nabil Ahmad Awan has said that City District Government (CDG) is ready to chalk out a comprehensive plan of uplift works worth Rs 50 million in collaboration with Gujranwala Chamber of Commerce and Industry (GCCI). He said this while presiding over a meeting in which Member National Assembly (MNA) Khurram Dastgir Khan, GCCI President Sheikh Sarwat Ikram, Sheikh Muhammad Nasim, Zarrar Kaleem and CDG officers participated. District

Punjab government releases Rs 94m for development schemes

HAFIZABAD - Punjab government has released Rs 93.932 million for up gradation of schools, construction of roads and others development schemes under Punjab Development Programme. Hafizabad District Development Committee Chairman Muhammad Asif said this while talking to journalists. He added all these schemes were being launched with the consultation and recommendation of members of provincial and national assemblies according to the priorities of the people of their constituencies.

‘The power of one’ and the PQA’s Rs 2m loss

KARACHI - The Port Qasim Authority (PQA) has suffered a loss of almost Rs 2 million in litigation over - what the sources say - useless issues at the hands of the authority's former deputed employee, Abdul Jabbar Memon.
Despite the fact that Memon is a government employee, he is also a member of the Sindh Bar Council (SBC) in clear violation of government rules.
He has been constantly involved in litigation with the PQA after his repatriation, thereby causing the authority