Tag: Lahore

  • Punjab cabinet approves annual budget 2022-23

    Punjab cabinet approves annual budget 2022-23

    On Monday, the provincial cabinet adopted the annual budget for the fiscal year 2022-23, as well as yearly development funds.

    The cabinet passed a Rs 3.226 trillion budget bill for 2022-23 with approval of amended estimates for 2021-22 at a meeting chaired by Punjab Chief Minister Hamza Shehbaz.

    In addition to raising pensions, the meeting approved an increase in salary for provincial employees. Employees were also approved for a 15 per cent special allowance.

    A memorandum of understanding (MoU) for delivering free drugs to cancer patients across the province was approved at the session.

    The meeting also ratified the decisions made at the Punjab cabinet’s previous meeting.

    The chief minister praised the work of provincial ministers, the chairman of the planning and development committee, the secretary of finance, and other authorities in creating the best budget documents.

    He stated that the budget included concrete steps to provide true relief to the public.

    The cabinet has approved a Rs164.26 billion budget for infrastructure development projects. A total of 177 billion rupees has been set allocated for the development of roads.

    In the meantime, the cabinet authorised a planned allocation of Rs164.26 billion for infrastructure development projects. One hundred and seventy-seven billion rupees has been set aside for road construction.

    According to the records, Rs27.63 billion has been put aside for irrigation, Rs5 billion has been set aside for energy, and Rs41.4 billion has been set away for production.

    The provincial finance ministry has proposed allocating Rs29.5 billion for public buildings, as well as more than Rs21 billion for urban development.

    The government of Punjab has set aside Rs14.77 billion for agriculture, Rs4.5 billion for forests, approximately Rs1 billion each for wildlife and fisheries, and nearly Rs4 billion for the livestock and dairy sectors. While Rs6.2 billion has been set aside for governance and information technology (IT).

  • Govt announces Rs3 billion subsidy to provide ghee at discounted rate

    Govt announces Rs3 billion subsidy to provide ghee at discounted rate

    The Minister for Information and Broadcasting Marriyum Aurangzeb announced on Monday that the government would provide a Rs3 billion subsidy to lower the price of ghee to assist the masses.

    She told a press conference that the market price of ghee is currently Rs550 per kg, but it is being sold at Rs300 per kg in utility stores across the country, according to AAJ News

    “The government is bearing a cost of Rs250 per kg,” she added, adding that the price of ghee was Rs150 per kg when the Pakistan Muslim League-Nawaz (PML-N) handed over the office to the Pakistan Tehreek-e-Insaf (PTI) in 2018.

    On the other hand, the government has increased the price of ghee and cooking oil at other retailers.

    She further stated that a 10 kg wheat bag could be purchased for Rs400 at any utility store in Pakistan.

    The minister said that on June 6, about one hundred mobile vans were added to the Utility Stores Corporation (USC) network, citing residents of Khyber-Pakhtunkhwa (KP) having difficulty obtaining discounted items due to limited distribution of utility stores.

    9,500 new utility stores

    “In addition, on June 9, 500 new USC stationary stations were set up to deliver wheat, and 100 more items are being added today,” she stated. “Since June 6, the USC network has grown by 700 units”.

    Price control committees have also been established, according to her, to keep hoarding and reselling of USC materials under check. The availability of items at utility retailers, she said, was also being watched.

    The minister stated that Rs17 billion had been set aside to give the public with low-cost sugar, ghee, and wheat.

  • ‘Why would I harm my family business’?: PM Shehbaz, CM Hamza get pre-arrest bails

    A special court in Lahore granted pre-arrest bails to Prime Minister (PM) Shehbaz Sharif and his son Punjab Chief Minister (CM) Hamza Shehbaz in a Rs16 billion money laundering case registered against them by the Federal Investigation Agency (FIA).

    The court asked both PM Shehbaz and CM Hamza to pay Rs1 million in surety bonds, each within seven days.

    Both the PM and his son CM Hamza appeared before the court on Saturday.

    During the hearing, the court asked Shehbaz if he has no ownership of Ashiana Housing Scheme and Ramzan Sugar Mills, to which the PM replied, “I have no stake in either.”

    PM Shehbaz asked: “Why would I engage in corruption and money laundering and harm the family business?”

    He said the Federal Investigative Agency (FIA) was provided with all the facts verbally. “I faced countless hearings and trials. The FIA was admonished for not presenting a challan. I believe the FIA was preparing for an arrest, hence the challan was delayed,” he added.

    “The entire case is built on lies and will be buried,” PM Shehbaz further said during the hearing.

    PM Shehbaz’s attorney Amjad Pervez stated that the fact that both of them [Shehbaz and Hamza] had previously been interrogated in jail by the FIA was sufficient proof for their bail.

    He said, “The case has been ongoing for more than a year and now we discover that the suspects were not made part of the inquiry.”

    Last year, the FIA submitted a challan against Shehbaz and Hamza to the special court for their alleged involvement in a money laundering case.

    The report said that the amount was kept in “hidden accounts” and “given to Shehbaz in a personal capacity”.

  • Pakistan’s textile sector witnesses a significant downturn in growth

    Pakistan’s textile sector witnesses a significant downturn in growth

    Pakistan’s Economic Survey 2021-22 reveals that the textile industry expanded by 3.2 per cent during July-March in fiscal year 2021-22, compared to 8 per cent in the same period last year, demonstrating a considerable setback in progress.

    The poundage of the textile sector has declined from 20.9 to 18.16 per cent in QIM 2015-16, but it remains the highest among all LSM sectors, according to Brecorder.

    Woolen segment production grew the most, with a 38.9 per cent increase in blankets, a 27.9 per cent increase in woollen and carpet yarn, and a 19.1 per cent increase in woollen worsted cloth. Yarn and cloth production increased by 0.7 per cent and 0.3 per cent, respectively.

    Congruent production units, invariant capacity and elevated cotton prices owing to demand and supply gap disruptions have moderated the growth momentum of the cotton sector, stated the Economic Survey 2021-22 document, unveiled by Finance Minister Miftah Ismail.

    “Depreciation of PKR restrained the production of jute, as most of the raw material is imported from Bangladesh. However, surge in imports of textile machinery, rising demand for concessionary financing from textile firms and high exports of this sector showing a sizable improvement in the textile sector,” it added.

    With a weight of 6.08 in the LSM, wearing garments has been detached from the textile sector. It grew by 34 per cent compared to 35.6 per cent compression.

    The sector has been growing traction both locally and internationally, with garment production increasing by 34 per cent during the time frame. Garment exports have also increased by 33.9 per cent in aspects of volume.

    Textile is Pakistan’s most valuable manufacturing sector, with the widest production chain and intrinsic value addition ability at each point of the process, from cotton to ginning, spinning, fabric, dyeing and printing, made-ups and garments.

    This sector accounts for well almost one-fourth of industrial value addition and employs approximately 40 per cent of the industrial workforce. Textile products have maintained an average share of about 61.24 per cent in national exports, excluding seasonal volatility.

    In the meantime, knitwear exports decreased by 4.8 per cent in quantity while increasing by 34.1 per cent in value during the period under review. Towel exports totaled $819.6 million, up from $692.1 million, representing an increase of 18.4 per cent in value and 5.1 per cent in quantity.

    The ready-made garment industry has surfaced as a crucial small-scale industry in Pakistan, and it is a good source of providing employment opportunities to many people with a very low capital investment. Exports increased by 33.9 per cent in quantity and 26.2 per cent in value from 27.8 million dozen to 37.3 million dozen worth $2.8 billion, up from $2.27 billion in the same period last year.

    Meanwhile, Pakistan exported synthetic textile fabrics worth $343.59 million in comparison to $269.20 million in the same period last year, representing a 27.6 per cent increase. In terms of volume, synthetic textile exports fell by 33.6 per cent.

    The ceremony was also attended by Ahsan Iqbal, Minister of Planning, Development, and Special Initiatives, Khurram Dastgir, Federal Minister of Power, and Aisha Ghaus Pasha, Minister of State for Finance and Revenue.

    Furthermore, the survey underscored the key features of the government’s policies aimed at restoring macroeconomic stability and putting the economy on a growth path. Addressing the launch event, Miftah Ismail stated that the government has avoided a default due to the difficult decisions made by the current administration. He said that the country is now on the path of stability.

  • PM Shehbaz reduces fares for Lahore Metro Bus Service

    PM Shehbaz reduces fares for Lahore Metro Bus Service

    Prime Minister (PM) of Pakistan, Shahbaz Sharif has announced a fare cut for the Lahore Metro Bus Service. He said that the fares had been lowered in order to provide help to daily commuters in the face of Pakistan’s economic crisis.

    PM Shehbaz revealed this at the Indus Hospital’s opening ceremony. He claimed that due to the “past government’s mismanagement,” the government has no choice but to announce fuel price hikes.

    According to PM Shehbaz, the government would cut public transportation costs. The government believes that by doing so, individuals will be more likely to take public transportation, resulting in fuel savings.

    The Prime Minister declared free metro rides for residents of the twin cities in Ramadan. The move was warmly received and appreciated by commuters on a daily basis.

    Multan, Rawalpindi, and Faisalabad all have Metro Bus Service. However, the government has only announced relief for Metro users in Lahore, and it is unclear whether it will extend to other cities.

    The current Metro Bus rate is Rs30, but following Prime Minister Shehbaz’s announcement of a 50 per cent reduction, the ticket would be available for Rs15.

  • Excise, Taxation Department intensifies action against tax defaulting vehicle owners

    Excise, Taxation Department intensifies action against tax defaulting vehicle owners

    The Sindh government has issued a warning to car owners who have not paid their taxes. The Excise, Taxation, and Narcotics Control (ET&NC) Department has been conducting a road inspection for more than a week now. Authorities have inspected a total of 21,303 vehicles across the province.

    A total of 1,358 automobiles were seized for various reasons, with the paperwork of 1,958 vehicles also being confiscated during the road check, according to The News.

    Mukesh Kumar Chawla, the provincial minister in charge of (ET&NC), has planned a tax-collecting campaign. He went on to say that the campaign will run until June 3, after which the government will take action against automobiles that have not paid their taxes.

    Kumar issued a statement urging citizens to pay their taxes as soon as possible. Meanwhile, authorities claim to have recovered over Rs252 million in taxes from non-compliant car owners.

    The authorities had collected about Rs21.4 million in taxes from the car owners by the fourth day. Chawla has directed that non-compliant car owners be dealt with harshly by the authorities.

  • ‘Bushra jald chor degi’: Aamir Liaquat predicts Imran Khan’s divorce, curses him

    ‘Bushra jald chor degi’: Aamir Liaquat predicts Imran Khan’s divorce, curses him

    Former National Assembly member and television host Dr. Aamir Liaquat took to his Instagram handle to lash out at former PM Imran Khan.

    The Aalim Online host has held Imran responsible for his recent split with wife Dania Shah.

    He also accused Imran of paying Dania so that she seeks divorce from him. Aamir went on to predict Imran’s divorce, and predicted that Bushra Bibi will leave him.

    Earlier this month he reacted to the speculation about his potential marriage with journalist and former PM Imran Khan’s ex-wife Reham Khan.

    The Neelam Ghar host reacted to a netizen’s tweet that if he and Reham actually get married then they’ll have a son like Atta Tarar.

    Aamir replied that the answer will soon come from the skies. He also took a jibe at PTI by saying that there is justice on the skies and not Tehreek-e-Insaaf.

    The veteran host stated recently stated that sources from FIA have informed him that PTI’s social media team is behind his character assassination on social media to make Imran Khan happy as he was upset with Liaquat for ditching PTI at a crucial stage.

    Aamir also dragged Fawad Chaudhry’s name in the matter and stated that he overlooks the social media department.

    The Current reached out to Former focal person on digital media to former PM Khan, Dr Arsalan Khalid who dismissed these claims and exclusively said, “Aamir is so irrelevant that we don’t even think about him.”

    Prior to his seperation with Dania Shah, he published a video message against Khan.

    Aamir claimed that ever since Imran has met Russian President Vladimir Putin, he has become like him, adding adjectives like “stubborn, ill-mannered and rebellious.

    In call with Putin, PM Imran stresses coordinated approaches to evolving Afghan situation - World - DAWN.COM

    Last month the Aalim Online star posted a series of video in which he expressed his anger on PTI Chairman Imran Khan’s statement in which he called out politicians who left his political party.

    Aamir said that he is not a traitor, instead former PM Imran Khan is the traitor according to him. The veteran host also slammed PM Khan for dissolving the assembly.

    He posted another video with some aggressive remarks against his opponents.

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  • Khan angry with PTI leaders over failure to mobilise supporters

    Khan angry with PTI leaders over failure to mobilise supporters

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan is unhappy with his party’s top leaders for failing to mobilise supporters to participate in his long march to Islamabad, revealed Geo News anchorperson Shahzeb Khanzada in his programme ‘Aaj Shahzeb Khanzada Kay Sath’.

    According to him, Khan thought that more people would turn up but people did not show up in Rawalpindi. Even his party leaders appeared to have gone missing in action.

    On the contrary, sources say, PTI leaders argued that they were not given enough time to prepare by their leader. They even asked him to extend the date but Khan wanted to maintain an element of surprise for the government.

    According to PTI leaders, except for Khyber Pakhtunkhwa’s (KP) supporters, PTI does not have many supporters elsewhere who would brave the police or tear gas or the heat in an effort to try and reach Islamabad, the anchor revealed.

    Moreover, the leaders thought that the long march would not be a good idea, and the announcement of a dharna (sit-up) would end up more of a problem for PTI. According to Khanzada, they are even unhappy with Khan’s six-day ultimatum to the government.

    According to PTI sources, Imran Khan seems to be only listening to some people who are close to him, instead of politicians better adept at traditional constituency politics.

  • 914 road accidents reported in Punjab during last 24 hours

    914 road accidents reported in Punjab during last 24 hours

    During the last 24 hours, at least eight people were killed and 962 were injured in 914 road accidents across all 37 districts of Punjab.

    577 people were seriously injured and taken to various hospitals, while 385 people with minor injuries were treated on the spot by rescue medical teams. Once again, Lahore remained at the top in reporting highest number of accidents.

    According to the findings, 450 drivers, 27 underage drivers, 104 pedestrians, and 388 passengers were killed in traffic accidents. The road accidents involved a considerable number of two-wheelers as it involved 807 motorcycles, 82 auto-rickshaws, 74 motorcars, 22 vans, 11 buses, 17 trucks, and 100 other types of auto vehicles and slow-moving carts.

    Considering the statistics, 239 road accidents were reported in Lahore, affecting 238 people, putting the provincial capital at the top of the list, followed by 80 in Faisalabad with 85 victims and 53 in Multan with 50 victims.

  • PTI Azadi March: Imran sets out to lead party caravan, tensions escalate

    PTI Azadi March: Imran sets out to lead party caravan, tensions escalate

    Pakistan Tehreek-e-Insaf’s (PTI) Azadi March began on Wednesday, tensions rose across the country as police made use of tear gas and arrested several PTI marchers headed toward Islamabad.

    Khan’s message for PTI supporters

    PTI Chairperson Imran Khan called on his supporters to join his freedom march.

    In a video message, Khan said, “I will lead the Azadi March caravan from Peshawar, and God willing, we will head to Islamabad from there. I want each and everyone to leave because this is a defining moment.”

    Khan waves to supporters from a truck

    Imran Khan arrived at the Wali Interchange in Khyber Pakhtunkhwa by helicopter.

    Khan, later, departed for Islamabad from the Wali Interchange in Khyber Pakhtunkhwa.

    ‘Defining moment’ for Pakistan

    Imran also urged protesters to carry the Pakistani flag, calling today a “defining moment” for Pakistan.

    ‘No blockade can stop us’

    After reaching Swabi, Khan delivered a speech to supporters. In it, he said that “we are going to D-Chowk and no one can stop us” as the crowd cheered.

    Khan said that the PTI government did not bar any of them from staging protests as they “did not fear the people”.

    He said that the government was afraid as they had been plundering national wealth for the past 30 years. “I want to give the people a message from Swabi Interchange: whatever you do, we will cross all obstacles and reach D-Chowk. Our protest will be peaceful as it has always been.”

    “I want to give the people a message from Swabi Interchange: whatever you do, we will cross all obstacles and reach D-Chowk. Our protest will be peaceful as it has always been.”

     “This nation does not accept this imported government,” he declared, calling on the people to come out for what he has described of late as a “jihad” for “true freedom”.

    “All Pakistanis, women, children, families, youth, lawyers, retired army officers, everyone has to come out for real independence,” he said.

    No agreement has been reached

    Following the directions of the Supreme Court of Pakistan, the two sides have agreed on PTI holding a jalsa instead of a long march, Geo News reported. Talks between the government and PTI continued for two-and-half hours.

    Khan in relevance to the news tweeted, “Absolutely not! We are moving towards Islamabad & no question of any deal. We will remain in Islamabad till announcement of dates for dissolution of assemblies & elections are given.”

    Federal Minister for Information and Broadcasting Marriyum Aurangzeb also said that no agreement has been reached between the federal government and PTI. She said news of negotiations and an agreement between the government and PTI is “baseless”.

    Detention expected of Khan

    The government has decided to detain PTI Chairman Imran Khan with the top party leadership on its way to Islamabad from Peshawar today for the Azadi March, reports The News.

    Rangers deployed in Islamabad

    On Tuesday, Interior Minister Rana Sanaullah announced that the federal government will not allow any riots in the name of the PTI long march. Section 144 has been imposed in Lahore, Karachi and the twin cities of Islamabad and Rawalpindi and the roads leading up to the capital city from different parts of the country have been blocked. Rangers have been called in by the government to help protect Islamabad’s, Red Zone.

    https://twitter.com/RashidK10425837/status/1529329373781934081?s=20&t=BqLkjo0MNs35Ix8fAEpfsg
    PTI workers clash with police at Lahore’s Batti Chowk

    PTI workers marching towards Islamabad from Lahore engaged in a clash with the police at Batti Chowk in Lahore as they tried to remove the barricades on the roads. Policemen stopped PTI supporters from moving forward and used tear gas.

    According to PTI’s official Twitter account, the marchers were also stopped at the Shahdara area.

    Dr Yasmin Rashid’s car attacked by police

    PTI supporters came forward and verbally abused the police officials. Meanwhile, Dr Yasmin Rashid tried stopping the police from taking away her car keys.

    Hammad Azhar tried to be arrested

    PTI leader Hammad Azhar tweeted, the impediments and containers on Bati Chowk, Ravi Bridge, and Shahdara have been removed and the roads have been cleared by “the public”.

    https://twitter.com/azammaalik/status/1529380891247755266?s=20&t=38SnfKGvZmlJ1vwGCvqC0w
    Weapons and ammunition recovered

    Meanwhile, police said that they have recovered heavy ammunition and weapons from the residences of PTI leaders Bijash Niazi and Zubair Niazi.

    DIG Operations Sohail Chauhdry in a press conference shared that the raids were conducted at Nawan Kot and Multan Road areas from where three persons were arrested. However, Zubair Niazi fled from the scene. Giving details of the arms recovered, the police officer said that six 223 bore guns, 13 rifles, 96 SMG rifles, and 26 magazines of pistols were found.