Tag: Calamity

Nuclear: The only way out to energy calamity

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PAKISTAN is passing through the most problematic phase of its history. The acute energy crisis is creating a serious difficulty for our frail economy. Our energy needs are surpassing supply triggering hours long power outages daily across the country. Resulting, the economic growth rate of 5.1 per cent may not be achieved in the current fiscal year; we are expecting a growth rate of around 4.5 per cent. Due to increase in population urbanisation and the rising power demand of industrial and…Read More

Calamity-hit areas deprived of crop insurance scheme

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article image STAFF REPORT IBD: The Crop Loan Insurance Scheme (CLIS) has so far not achieved its desired objectives as the high-ups of district administration in the country mostly notify areas other than calamity-hit areas on the recommendation of parliamentarians and ministers."The government had allocated Rs 500 million last budget and another allocated Rs 500 million in the new budget for CLIS but due to political interference the allocated fund did not reach the deserving farmers as the concerned…Read More