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Govt plans to change 1.2 million tube-wells to photo voltaic vitality

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ISLAMABAD: Minister for Nationwide Meals Safety and Analysis Tariq Bashir Cheema Tuesday stated over 1.2 million agriculture tubewells could be switched to photo voltaic vitality to cut back enter value and improve farm earnings, significantly that of the small land holders.
Addressing a press convention, the minister stated {that a} activity power was being fashioned to finalize modalities and interact business banks to finance the ability. Underneath the ability, the farmers must repay the loans in installments as much as three years.

He stated the initiative has been taken on the directives of Prime Minister, Shehbaz Sharif, who has additionally requested for formulating quick and long run insurance policies to make sure tangible ends in shortest doable time with concentrate on reviving agriculture sector for sustaining meals security and safety in addition to prosperity of farming communities.

Whereas reaffirming the federal government’s dedication to make sure correct charge of return to the farmers for his or her produces in addition to enhancing the output of all main and minor crops, he stated that suggestion for cotton intervention worth was finalized and placed on agenda of subsequent assembly of Cupboard for approval.

He stated that the initiative was aiming at encouraging the farmers to convey most areas beneath cultivation of this crop of significant significance, including that space beneath crop sowing throughout final season diminished by 37 %, which was changed by rice, maize and sugarcane.

The minister additional knowledgeable that authorities was additionally eager to announce minimal help worth for wheat earlier than the beginning of the sowing season to be able to encourage farmers to sow extra wheat for attaining self-sufficiency in staple grains manufacturing and scale back reliance on imported wheat and edible oil that have been enhancing stress on a lot wanted overseas trade reserves.

The minister stated that authorities was conscious of rising inflation and the issues being confronted by the widespread man within the nation, including that steps have been taken to guard them from the inflationary pressures.

He stated that authorities by its Utility Shops Company community was guaranteeing provision of important commodities on managed charges and supplied wheat, flour and different commodities through the holy month of Ramzan.

With a view to avert any doable scarcity on meals grains by the rising Russia-Ukrine battle, the federal government had beefed up its strategic reserves and improve wheat procurement targets of all provincial governments and PASSCO, including that it was additionally determined to import about 3 million tons of wheat to make sure easy provide all year long.

Highlighting the reduction measures launched by the incumbent authorities for agriculture sector, he stated that gross sales tax on tractors was withdrawn, the place as seed cotton and canola have been exempted from gross sales tax, including no tax was levied on fertilizers to facilitate the growers.

He stated that authorities was paying particular concentrate on small scale growers as they have been about 92 % of complete farming group having much less then 12 acres of land, including that measures could be launched to make sure their entry to credit score facility and saving them from the exploitation of center man.

Tariq Bashir stated that regardless of the powerful situation agreed by the final authorities with Worldwide Financial Fund, the coalition companions had determined to take powerful resolution to save lots of the nation from default and in addition determined to take plenty into confidence by sharing the details with them.

The minister stated that authorities was taking different measures to learn from the Chines expertise and experience in agriculture and livestock, including that settlement for the buffalo breed enchancment with China was finalized. He stated that China was the largest importer of beef and it was requested to determine farms in Pakistan that may assist to develop the native livestock sector as nicely.

The minister stated that barter commerce with Iran, which was suspended for final two years was additionally restored and first consignment of apples would arrive right here throughout present month and mangoes from Pakistan could be exported to Iran, including that full commerce could be resumed by September as about 100,000 tons of rice to be exported to Iran.

In addition to, the opposite bottlenecks in transit-trade was additionally eliminated to boost commerce with regional international locations, significantly the commerce in agriculture produces to advertise native agriculture and livestock sectors.

To a query, the minister stated that authorities was taking steps to make sure availability of high quality seeds and pesticides and finalized negotiations with Monsanto firm, including that work on the agriculture cooperation beneath second-phase of China-Pakistan Financial Hall Mission in livestock and analysis was additionally finalized, including {that a} particular activity power is being fashioned to take the enter of all of the stakeholders to make the agriculture sector extra viable and powerful.

The minister stated that authorities was evolving a mechanism by taking all of the provinces on board to make sure uninterpreted provide of fertilizers on reasonably priced charges, moreover discouraging the hoarding and black advertising and marketing of the commodity.

Tariq Bashir Cheema additional knowledgeable that authorities would offer particular incentives to advertise oil seeds cultivation within the nation as he stated it was consuming about $4.5 billion yearly, which was anticipated to achieve $ 6 billion by subsequent 12 months.

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National

Huge reshuffle of financial staff on playing cards as Dar spells priorities

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ISLAMABAD: Federal Minister for Finance and Income Ishaq Dar on Wednesday determined to usher in his financial staff and “blue eyed” officers to the Finance ministry, Federal Board of Income and different connect departments of the ministry as he spelled priorities after assuming cost as Finance Minister.

Sources aware about the event stated that main adjustments can be made in essential positions within the FBR and the finance ministry, whereas particular assistant to the finance minister will even be reshuffled.

Sources stated that Ishaq Dar will deliver his “blue eyed” officers to the Finance ministry, Federal Board of Income and different connect departments of the ministry. Chairman FBR Asim Ahmad is more likely to be eliminated and there are possibilities that former Chairman FBR Tariq Pasha will get this slot.

Sources additionally stated that Ishaq Dar doesn’t need any shut aide of the PM as finance minister so he won’t solely change the State minister for Finance Dr Aisha Ghaus Pasha and Secretary Finance Hamid Yaqoob Sheikh.

The Incumbent State minister Dr Aisha Ghaus Pasha is more likely to get Financial Affairs cost. Equally, Particular Secretary Finance Awais Sumra is more likely to assume the Secretary Finance slot.

He had served with Ishaq Dar as a workers officer again in 2014 and lately, he was the important thing participant in negotiations with the IMF as properly. As well as, Ishaq Dar will usher in a brand new staff to the Securities Trade Fee of Pakistan.

The finance ministry has shortlisted eight to 10 individuals for 3 positions of SECP’ commissioners. Sources stated that former Chairman SECP Zafar Hejazi shut aides will get essential positions in SECP in Dar’ tenure.

Sources stated that the Finance minister will even appoint a brand new President Nationwide Financial institution of Pakistan as there is no such thing as a Everlasting President NBP.

The finance ministry final month gave extension to appearing president NBP Hasni until the appointment of a daily incumbent. Sources additionally declare that the Finance minister will even take away one to 2 deputy Governor SBP.

DAR TAKES OATH AS FINANCE MINISTER

Earlier immediately, Ishaq Dar took oath as Finance Minister amid financial disaster within the nation.

In response to element, Dar returned to nation almost after 5 years on Monday and later took oath as member of the higher home of the parliament on Tuesday.

Dar, identified for his choice for a stronger forex, had led the finance ministry thrice up to now. Throughout his final stint as finance chief from 2013 to 2017, he managed to maintain the rupee steady. It was essentially the most steady forex in Asia from 2014 to 2017, in line with knowledge compiled by Bloomberg.

STABILIZING RUPEE, REDUCING INFLATION AND INTEREST RATES ARE PRIORITIES

Speaking to the media individuals in Islamabad on Wednesday, Ishaq Dar stated stabilizing native forex and lowering inflation and rates of interest are priorities of the federal government. He stated we don’t imagine in mere verbal claims somewhat historical past is testimony of our financial efficiency.

Ishaq Dar expressed satisfaction over the appreciation of rupee during the last two days saying this has diminished our loans.

The Federal Minister stated the nation is presently confronted with worst financial disaster due to mismanagement of earlier authorities of PTI. He stated it was due to the efforts of former Finance Minister Miftah Ismail that the nation averted default. He nonetheless stated that the mess left behind the PTI authorities couldn’t be cleared in six months.

Ishaq Dar regretted that the PTI authorities throughout its final days in workplace violated the worldwide agreements to take political mileage. As regards the case in opposition to him, Ishaq Dar stated it’s a pretend. He stated he has been a constant taxpayer during the last 34 years and that he by no means delayed his tax returns. He stated the earlier authorities additionally cancelled his passport and it was the present coalition authorities which issued him a passport.

 

 

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India had fired BrahMos into Pakistan underneath ulterior motives: Jaspal

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ISLAMABAD: Zafar Jaspal, an Islamabad-based analyst and professor on the College of Politics and Worldwide Relations, Quaid-i-Azam College, stated that Indian supersonic cruise missile Brahmos was fired from India into Pakistan in March 2022 deliberately.

In accordance with Kashmir Media Service, talking in PTV World’s prgramme VIEWS ON NEWS, Zafar Jaspal stated, “Our technical specialists who take care of the missiles have a consensus that it [Indian BrahMos landing in Pakistan] was not a mere misjudgment, including that had it been a misfire, the Indian Military’s Director Common of Army Operations (DGMO) would have instantly contacted his Pakistani counterpart and knowledgeable him in regards to the incident.

He stated that the delay on a part of India in taking Pakistan into confidence over the hearth strengthened the assumption that the missile was fired with different [ulterior] motives. It’s price mentioning right here {that a} Brahmos cruise missile was fired by the Indian Military from someplace in western India and it landed at Mian Channun in Pakistan. The missile was not armed, in that it didn’t carry a warhead, so there was no explosion and there was no injury to life or property.

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CM GB challenges appointment of decide, extension of judges’ tenure in SC

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ISLAMABAD: As earlier introduced by the federal government of Gilgit Baltistan, the Chief Minister GB Khalid Khurshid Khan on Wednesday has approached the Supreme Courtroom to hunt a path that Governor GB Syed Mehdi Shah has no authority to advise Prime Minister Shahbaz Sharif to nominate Javed Ahmed as decide Chief Courtroom GB.

The petition has additionally pleaded earlier than the apex courtroom to declare the appointment of Javed Ahmed via Sept 16 notification was with out lawful authority and of no authorized impact and due to this fact the apex courtroom ought to quash such appointment.

The petition pleaded that the apex courtroom must also prohibit the federal authorities and Governor GB from making new appointments of chief decide or judges of the Supreme Appellate Courtroom in addition to Chief Courtroom of Gilgit-Baltistan with out prior recommendation of the CM or the cupboard GB.

The petition argued that on Sept 13, 2022 the governor despatched a abstract to the PM for the appointment of a decide of the Chief Courtroom and really helpful three names. This abstract was neither initiated in accordance with the related process nor was it in consequence of recommendation by CM or the cupboard.

On Sept 16, the notification being challenged was issued and Javed Ahmed was appointed as decide chief courtroom for an preliminary interval of 1 yr. He took oath on Sept 21, 2022.

The petition pleaded that the individuals of GB have the correct to “self-government” beneath Article 257 of the structure and that the federal government and the cupboard of GB comprise representatives elected by the individuals of the realm.

With out being first suggested by CM or the cupboard, beneath Article 34 of the Order 2018, the governor has no authority to advise PM to nominate Javed Ahmed as decide chief courtroom GB and due to this fact the appointment suffers from malice and legislation. Due to this fact Javed Ahmed didn’t maintain the workplace, to which he had been illegally and maliciously appointed.

The petitioner has additionally pleaded that the apex courtroom must also declare that PM and the federal authorities has no lawful authority to merely lengthen the appointment of Justice Malik Inayat-ur-Rehman, Justice Johar Ali Khan and Justice Raja Shakeel Ahmed for a time period of 1 yr somewhat responsibility certain to substantiate such appointments.

Moreover, the petition pleaded, the federal authorities ought to challenge a recent notification for affirmation of Justice Malik Inayat-ur-Rehman, Justice Johar Ali Khan and Justice Raja Shakeel Ahmed as judges of the chief courtroom, with impact from Sept 16.
Earlier on Sept 15, 2021 three judges have been appointed for an preliminary interval of 1 yr to the chief courtroom GB by PM on recommendation of the governor which was in flip primarily based on the recommendation of the CM.

On July 14, 2022 a abstract was moved by the Regulation and Prosecution Division, authorities of GB for affirmation of appointment of three judges. The abstract was authorized by the CM on July 20, 2022 and the governor accordingly suggested the PM on Aug 4.
However the PM didn’t observe the recommendation of the governor and as a substitute of confirming the appointment of the three judges, prolonged the time period of three judges for an additional time period of 1 yr.

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