Tour de Pakistan second leg starts from Rawalpindi
VoH Monitor
RAWALPINDI,March 02: The cyclists kicked off the second leg of 51st Tour de Pakistan by leaving for Gujrat from Rawalpindi, Geo News reported Tuesday. The cyclists will traverse 153 kilometers in the second phase.The participants vying for huge award money started the second phase from Ayub Park of Rawalpindi.Peshawar-to-Karachi Tour de Pakistan participants crossed 165 kilometers in the first leg of their race from Peshawar to Rawalpindi. Sui Southern’s Asif Junior excelled in the first phase followed by Imtiaz Hasan of Afghanistan. Wapda’s Zahid was on the third, Geo News reports. In Pakistan we are fighting for our lives: ZardariVoH Monitor ISLAMABAD, March 01: When I was elected president more than a year ago, Pakistan was in a grave condition, strained by terrorism and a ravaged economy. Countering the effects of a decade of dictatorship requires bold actions, some of which are unpopular. I am working with parliament to run a country, not a political campaign. The goal of our democratic government is to implement policies that will dramatically improve the lives of Pakistanis. In time, good policies will become good politics.
Our economic crisis demanded an unprecedented response. On taxes, education, agriculture and energy, we have shown that we must adapt, reform and become self-sufficient. Terrorists do not want Pakistan to succeed. They want to distract us from preparing for a stable and prosperous future. But militants underestimate us. Just as our people refuse to be terrorised, our government refuses to be derailed from its course of fiscal responsibility, social accountability and financial transparency.
The war against terrorism has cost Pakistan not just in lives but also in economic terms, freezing international investment and diverting priorities from social and other sectors. Despite constant challenges on multiple fronts, we took the political hits and stuck with reform. Pakistan even met IMF criteria last month to receive the "fourth tranche", or £0.79bn, of its loan funding – no easy feat during a global recession. Corrupt governments don't reach this level of IMF partnership.
The World Bank, the European Union and the US have all applauded our accomplishments. This praise may be little reported, but it's far more important than the chimera of polls.The Nation
Government plans huge cut in subsidies
VoH Watch
ISLAMABAD, March 01:The federal government is planning a major cut in subsidies in the next fiscal year 2010-11, official sources have said. According to official sources, the overall volume of subsidies has been estimated to decrease from Rs 199 billion in the ongoing fiscal year 2009-10 to Rs 104 billion rupees in next the fiscal year 2010-11, projecting an overall decrease of Rs 95 billion. “The cut in power sector subsidies is expected to be from Rs 147 billion in the ongoing fiscal year 2009-10 to Rs 74 billion in 2010-11, under the Budget Strategy Paper-1,” the sources said. The medium-term subsidy policy reveals that the subsidy on fuel adjustment has been eliminated from July 1, 2009, while the power tariff adjustment subsidy will be eliminated from August 2010. Policy’s aim: The new policy also aims at creating room for small energy-related subsidies in 2010-11. Interest payments on Power Holding Company (Pvt) Limited, a company formed to resolve the circular debt issue, will be made part of the power and fuel subsidies in the next fiscal year, the sources said. Subsidies to the industrial sector will be discouraged under the new policy, as will the policy of artificial competitiveness and protectionism. The power and fuel subsidies to the Pakistan Electric Power Company (PEPCO), Karachi Electric Supply Company (KESC) and oil refineries, which were set at Rs 82 billion in the ongoing fiscal year, have been raised to Rs 147 billion due to political pressure, the sources added. They said there were plans to reduce this subsidy to Rs 74 billion in 2010-11.
“The government has earmarked Rs 30 billion for sugar, wheat and cotton, import-related subsidies, but it plans to limit the subsidy level to just Rs 15 billion in fiscal year 2010-11. Such subsidies on commodity imports like sugar, fertilizer and wheat are targeted at bridging the gap between market demand and local production. Importers of such commodities are being subsidised to keep the market prices low for consumers,” the sources said, adding that the subsidy on local produce such as fertilisers, sugar and wheat were mainly used to purchase the commodities from producers at a higher rate, and they were sold at subsidised rates in the market.Regarding the subsidies providing relief to the public on essential food items through the Utility Stores Corporation (USC), the government has decided to maintain the existing level of subsidy at Rs 4 billion for the next fiscal year as well. The government is planning to reduce the level of subsidy on export of commodities produced in the country to Rs 2 billion in 2010-11 as against Rs 3 billion being given as subsidies in the ongoing fiscal year.However, the subsidies for research and development are set to increase from Rs 1 billion in 2009-10 to Rs 5 billion in 2010-11. These subsidies are provided to the export sector in order to enhance economic competitiveness of their export products such as textile and motorcycles exports. Agriculture subsidies, mainly for fertilisers and the Benazir Tractor Scheme, which stand at Rs 12 billion rupees in 2009-10, are to be reduced to Rs 2 billion in the next fiscal year. The subsidy for crop loan insurance scheme is to be maintained at Rs 2 billion in the ongoing fiscal year as well as in the next fiscal year, Dail Times reported.
Dialogue the only way forward: Salman Bashir VoH Monitor ISLAMABAD, Feb. 27: Pakistan’s Foreign Secretary Salman Bashir on Friday said India and Pakistan should begin the composite dialogue only if it is based on equality, sovereignty and mutual respect. Speaking to journalists, Bashir said Pakistan was not desperate for talks contrary to the impression in India but that this was the only principled way forward. Salman Bashir crossed over from the Wagah border Friday afternoon following talks with his Indian counterpart Nirupama Rao and Indian Foreign Minister S M Krishna in New Delhi.Bashir refused to comment on whether there was any external pressure to hold talks with India and said that no date for the next round of talks had been decided.He maintained that the talks were only of an exploratory nature and that issues of Kashmir, Sir Creek, Water, Siachen and accidental border crossing were also discussed. Courtesy Dawn
PM lauds services of institutions caring for ailing children
VoH Monitoring desk
KARACHI, Feb 26 (APP): Prime Minister Syed Yusuf Raza Gilani has said that the philanthropists and institutions caring for the children suffering from fatal illness or a handicap are doing a great service to the cause of humanity.He was talking to the representatives of the “Make-A-Wish” Foundation who called on the Prime Minister along with the two cancer afflicted children at Governor House here on Friday.The Prime Minister said the children irrespective of their physical, mental or financial conditions, have to be taken care of and it is the responsibility of the entire society to contribute in this regard. He said that the government would continue to support organisations both in public and private sectors which are involved in lessening the suffering of the needy children. The poor and destitute children are also part of our children’s community, who are the future of our country, the Prime Minister added.On this occasion the Prime Minister gave gifts and Rs 300,000 to each of the two children suffering from cancer. It was informed by President “Make-A Wish” Foundation Ishtiaq Baig, that Master Deedar Ali, aged 11 years, Ali Gulbano, aged 12 years, both patients of cancer wished to see the Prime Minister as they usually see the Prime Minister on TV. He informed that they wanted to see the Prime Minister before dying as both were in their last stages. Both the children were so happy to see the Prime Minister that they woke up early in the morning. The children met the Prime Minister and said that the Prime Minister was a very soft spoken and caring person.Earlier, Ishtiaq Baig, President and Dr. Ikhtiar Baig Secretary General of “Make-A-Wish” Foundation briefed the Prime Minister about the background and working of the Foundation.Ishtiaq Baig informed that the Foundation has so far fulfilled the wishes of 100 children of which 50% have died.He informed that Make-A-Wish is an international organization serving in 37 countries and five continents. It is working in Pakistan for the last three years. FIR lodged against PPP leaders, workers for anti-judiciary protestVoH Monitor LAHORE, Feb.27: A first information report (FIR) was registered against two lawmakers and five leaders as well as 250 other workers of the Pakistan People’s Party for protesting against the judiciary, soon after a meeting between Prime Minister Yousaf Raza Gilani and the Pakistan Muslim League-Nawaz leadership on Monday. The Qila Gujar Singh police station registered a case on the complaint of its station house officer against MPAs Sajida Mir and Faiza Malik, PPP Punjab President Rana Aftab, General Secretary Samiullah, PPP Lahore President Asghar Gujjar, Additional Secretary Fakharuddin Chaudhry and Azizur Rehman Chann. The police told Daily Times they have registered an FIR against the PPP leaders for protesting and burning effigies of the PML-N chief and the chief justice of Pakistan, Dailytimes reports.Terrorism not the only focus in talks with Pakistan: Chidambaram
VOH Monitor
DELHI, Jan.27: Indian Home Minister P. Chidambaram said India has agreed to take up different issues (besides terrorism) with Pakistan during the secretary-level talks scheduled to be held on February 25. Talking to Kashmiri leader Mehbooba Mufti, Chidambaram said the Indian government was also considering giving banking facilities to traders to initiate business across the Line of Control (LoC). Chidambaram said trade across the LoC and confidence building measures regarding Kashmir could also be discussed during the meeting. The nation
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