Tech usage to reduce poverty for progress

STAFF REPORTER ISB: Innovators from around the world have recently gathered at the Information Technology University (ITU) to present technology-based innovative solutions for poverty alleviation.

They attended the concluding session of the Lahore International Development Design Summit (IDDS). The summit was part of the global initiative of the Innovations for Poverty Alleviation Laboratory (IPAL) and the International Development Innovation Network (IDIN).

Speaking at the concluding

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IFC offers financial support to Pakistan to reduce energy crisis

Staff Report ISB: The International Finance Corporation (IFC), a member of the World Bank Group has vowed to cooperate Pakistan to address the long held energy crisis. IFC announced to invest $50 million in Gulpur Hydropower Project that will generate 100MW electricity.

The Gulpur project is developed by subsidiary of Korea South East Power Co. Ltd (KOSEP) i.e. Mira Power Limited and is the first venture in Pakistan.

Wiebke Schloemer, IFC Regional Industry Head for Infrastructure,

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Farm investment to boost productivity, reduce poverty

STAFF REPORT ISB: President Mamnoon Hussain has said that greater attention and investment in agriculture will increase productivity, reduce poverty, improve balance of trade, generate employment, check rural migration and increase GDP growth in the country.
"The government is committed to turn agriculture into a fully-viable economic industry. It believes in alleviating issues faced by small farmers and considers them as the backbone of the rural economy," said the president

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Opportunities explored to reduce emissions in urban transport sector

SIDRA SAIF KHI: While showing grave concern over the global warming and climate change threats especially in Pakistan, experts have called for exploring new vistas and identifying more opportunities including carbon financing in the transport sector as it would contribute a lot in reducing emissions and improving the environment.

A three-day training has recently been organized by the Climate Change Division and the International Union for Conservation of Nature (IUCN), in Karachi, to

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Improving fertilizer use efficiency to reduce losses and enhance crop productivity

Application of fertilizer in balanced amount is different from area to area and also according the crop. Through soil testing farmers can know how much and what kind of fertilizer to use for each crop. Fertilizer dose is further refined and is possible on the basis of type and variety of crop and available water and its quality, organic manures and crop residues. Soil tests indicate that most of the Pakistani soils have medium to low available phosphorus and potassium status 60 per cent

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