Sunday, June 30, 2013
Saturday, March 2, 2013
Problems of Pakistan B.A Student's
Problems of Pakistan
Outlines
- Corruption
- Terrorism
- Power shortages
- Gas shortages
- Shooting inflation rates
- Unavailability of basic needs for people such as food
- Housing, clothes
- Rising rates of unemployment
- Worsening of the balance of payment position
Pakistan has reached the point where many of the countries of the West have started labeling it as a "Failed State". The reason behind this uproar is the severity of the problems the country faces. The global crisis has not hit any country as badly as it has hit Pakistan.
There are various problems the country
faces including corruption, terrorism, power shortages, gas shortages, shooting
inflation rates, unavailability of basic needs for people such as food,
housing, clothes, rising rates of unemployment, worsening of the balance of
payment position and the list goes on and on. It is time that someone comes up
with solutions to these problems or the nation for which our ancestors fought
would be lost somewhere in the midst.
Terrorism has been of growing concern
over the past few years. After the terrorist attacks on the World Trade Centre,
Pakistan agreed to join U.S in the war on
terror. But who knew that this action would lead to Pakistan becoming a victim of terrorist
attacks. This move faced severe retaliation from various facets, increasing the
incidence of terrorism in the country. Problems of sectarian violence already
existed and now all Muslims of the country faced threats from terrorist groups
such as Taliban. Terrorism did not only pose physical threat in terms of the
lives of people but it had a far reaching impact. Terrorism shunned any
opportunities of foreign investment in the country resulting in a loss for the
country's economy. There was a fall in exports as people oversees did not want
to trade with a terrorist State thus worsening the balance of payment position.
The global crisis of 2008 hit Pakistan pretty badly resulting in several
layoffs throughout the country. The country already marred by terrorism could
not bear such a heavy loss. Many of the educated men and women are unemployed
and they don't even have the chance of starting their own businesses because in
such a crisis situation any investments made could result in huge losses for
the them.
Apart from the problems of terrorism
and unemployment a serious issue has grown over the past few years and that is
of load shedding. Pakistan power supply companies do not have
enough power production to meet the needs of the people of the country. Urban
areas face load shedding for 12 hours per day while in the rural areas the
situation is worse as there is no electricity for up to 16 hours. Fuel prices
have shot up with petrol and diesel becoming more expensive than it had ever
been. People cannot afford traveling in the bus because the bus fares have gone
up as a result of the increase in diesel prices.
Most recently an alarming situation has
developed for Pakistan in terms of the shortage of natural
gas. No one expected that natural gas which was in abundance in the country
would no longer be available. There is Gas load shedding in Punjab and Khyber Pakhtunkhwa. As most of the
people shifted to CNG as fuel for their cars they are in serious trouble now.
CNG is only available for 3-4 days a week and its prices have reached as high
as petrol and diesel prices have.
With the ever increasing problems for
the general public of the country, it is time for something to be done on part
of the government and the people. Everyone needs to contribute to take Pakistan out of this crisis situation.
Thursday, July 19, 2012
Payback perod , IRR, NPV (with solved Problems)
Project evolution and selection under capital budgeting
The Payback period of invest projects tell us the number of years required to recover our initial cash investment based on the project expected cash flow.
Criteria
if the payback period calculated is less then some maximum acceptable payback period the project is is accepted if not then rejected. if the require payback period were three years our project would be accepted.
Internal Rate of Return
The IRR for an investment proposal is the discount rate that equates the present value of the expected net cash flows (CFs) with the initial cash outflow (ICO). if the initial cash outflow or cost occurs at time 0, it is represented by that rate IRR.
- Payback Period
- IRR ( Internal Rate of Return)
- NPV ( Net Present Value)
The Payback period of invest projects tell us the number of years required to recover our initial cash investment based on the project expected cash flow.
Criteria
if the payback period calculated is less then some maximum acceptable payback period the project is is accepted if not then rejected. if the require payback period were three years our project would be accepted.
Internal Rate of Return
The IRR for an investment proposal is the discount rate that equates the present value of the expected net cash flows (CFs) with the initial cash outflow (ICO). if the initial cash outflow or cost occurs at time 0, it is represented by that rate IRR.
Wednesday, July 18, 2012
Industrial Revolution of Pakistan ( Advantages & Disadvanges
INDUSTRIAL REVOLUTION IN PAKISTAN
Introduction
Since ''Industrial Revolution' industrialization is regarded essential for rapid development of the country. The countries that solely relied on agriculture have remained poor and underdeveloped, whereas the nations which gave weight to rapid development to industry achieved high rates of development. Pakistan at the time of partition in 1947 had negligible industrial base. Since the division of the Subcontinent, the Government of Pakistan has been utilizing all available resources domestic as well as external for rapid development of the manufacturing sector.
Pakistan has now attained a fairly
diversified base in manufactures ranging from essential consumer goods of
chemicals steel, heavy engineering and achene's and tool industries. Domestic
production of items such as refined sugar steel, fertilizer, cement etc has
helped in import substitution and has saved substantial amount of foreign
exchange.
The
Industrial Policy report constitutes a comprehensive analysis of Pakistan’s manufacturing sector aimed at
deriving policy recommendations for Industrial growth and development. The
report is structured to provide a three tiered analysis of Pakistan’s industry.
A Brief History
1947
Embryonic Stage 1950s Textile and Small Scale Manufacturing 1960s Golden Era
1970s Dhaka Falls, Nationalization, Hampered Growth,
Capital Flight 1980s Steady Recovery and Growth 1990s Growth in Primary
Industrial Units, Recovery 2000s Growth in Tertiary Sector/ Service Industries
2010 Fingers Crossed however, the consensuses on the utility of Free-market
policies have been broken. All countries, including China, Germany, France, UK and the United States are now actively pursuing industrial
policies aimed at seizing control of the resource-allocation process from
markets and channeling them into industrial revival. Accordingly, the present
policy follows the tried and tested policy of indigenous, broad-based
industrialization to attain prosperity. It champions national industry and seeks
to build indigenous capabilities, even if it is more costly in the short run.
This, however, does not imply that the policy is inward looking in any way. On
the contrary, it relies on an open-economy model that seeks growth through
exports as well as development of domestic markets.
Basic Industries in Pakistan
Textile
& Leather Sugar Refining Fertilizers Petroleum Products Cement Automotives
and OEMs Steel & Ship Building Food, Beverages & Tobacco Consumer
Electrics Chemicals Rubber & Plastic Paper, Printing & Publishing
Industrial Support Bodies
Engineering
Development Board Pakistan Industrial Development Corporation Small &
Medium Enterprises Development Authority (SMEDA) State Engineering Corporation
National Fertilizer Corporation Utility Stores Corporations Federal Boilers
Board Pakistan Steel Mills Corporation National Industrial Parks
Factors That Inhibit
Industrial Growth
High
Cost of Doing Business (Financial, Managerial, Materials, Labor) Environmental
Challenges Political Instability and Poor Law & Order Technical Problems
Poor Investment Opportunities Poor or Reduced
Approach for Future
Establishment
of Technical Training Centers Skill Development Procurement of Industrial
Inputs Industrial Infrastructure Including industrial parks Tax Holidays and
Export incentives Cheaper Finance
Advantages &
Disadvantages of industrial Revolution
Advantage:-
1. Meet the demand of local Market
2. Source of
Foreign exchange
3. Many people
get employment.
4. Development increases.
5. Exports and Imports increases.
4. Development increases.
5. Exports and Imports increases.
6. Reduce
urban rural migration.
7. Etc.
Disadvantages:-
1. Pollution
of air.land, water increases.
2. Harsh discipline of the workers
3. Wages were set at subsistence level (just enough/minimum wage)
4. Working hours were long and harsh.
5. Fines were given to unacceptable/ offensive behaviors.
6. Child labor was common. For example, children were often forced to
2. Harsh discipline of the workers
3. Wages were set at subsistence level (just enough/minimum wage)
4. Working hours were long and harsh.
5. Fines were given to unacceptable/ offensive behaviors.
6. Child labor was common. For example, children were often forced to
climb into a
broken machine to fix it, because of their
small size. This is extremely
dangerous.
7. People’s life span decreased
7. People’s life span decreased
8.
Unemployment was common. Many people were replaced by machines
and were cut
from
their jobs, and it was extremely difficult to find a job.
Conclusion
Pakistan has registered a plausible growth in
its short history averaging around 6% year on year basis Industrial Fate of
Pakistan heavily depends on cheap materials, easy tax policy, industrial
infrastructure, political stability and ready and cheap finance Industries have
evolved, industrial revolution of Pakistan is yet to take place.
Sunday, June 3, 2012
Thursday, May 31, 2012
MEri jAn ShAhid aFridi (BooM BooM)
Full name Sahibzada Mohammad Shahid Khan Afridi
Born
March 1, 1980, Khyber Agency
Current age 32 years 91 days
Major teams Pakistan, Asia XI, Deccan Chargers, Dhaka Gladiators, Fly Emirates XI, Griqualand West, Habib Bank Limited, Hampshire, ICC World XI, Karachi, Leicestershire, Melbourne Renegades, South Australia
Playing role Allrounder
Batting style Right-hand bat
Bowling style Legbreak googly
Batting and fielding averages
| Mat | Inns | NO | Runs | HS | Ave | BF | SR | 100 | 50 | 4s | 6s | Ct | St | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tests | 27 | 48 | 1 | 1716 | 156 | 36.51 | 1973 | 86.97 | 5 | 8 | 220 | 52 | 10 | 0 | ||||||
| ODIs | 342 | 317 | 19 | 7040 | 124 | 23.62 | 6182 | 113.87 | 6 | 33 | 644 | 298 | 111 | 0 | ||||||
| T20Is | 48 | 46 | 3 | 748 | 54* | 17.39 | 527 | 141.93 | 0 | 3 | 59 | 30 | 13 | 0 | ||||||
| First-class | 111 | 183 | 4 | 5631 | 164 | 31.45 | 12 | 30 | 75 | 0 | ||||||||||
| List A | 433 | 405 | 22 | 9690 | 124 | 25.30 | 8 | 52 | 134 | 0 | ||||||||||
| Twenty20 | 108 | 96 | 7 | 1704 | 80 | 19.14 | 1084 | 157.19 | 0 | 5 | 141 | 82 | 29 | 0 |
Bowling averages
| Mat | Inns | Balls | Runs | Wkts | BBI | BBM | Ave | Econ | SR | 4w | 5w | 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tests | 27 | 47 | 3194 | 1709 | 48 | 5/52 | 5/43 | 35.60 | 3.21 | 66.5 | 1 | 1 | 0 |
| ODIs | 342 | 317 | 14952 | 11482 | 344 | 6/38 | 6/38 | 33.37 | 4.60 | 43.4 | 4 | 8 | 0 |
| T20Is | 48 | 48 | 1085 | 1115 | 56 | 4/11 | 4/11 | 19.91 | 6.16 | 19.3 | 3 | 0 | 0 |
| First-class | 111 | 13493 | 7023 | 258 | 6/101 | 27.22 | 3.12 | 52.2 | 8 | 0 | |||
| List A | 433 | 19047 | 14640 | 448 | 6/38 | 6/38 | 32.67 | 4.61 | 42.5 | 5 | 10 | 0 | |
| Twenty20 | 108 | 108 | 2362 | 2513 | 137 | 5/20 | 5/20 | 18.34 | 6.38 | 17.2 | 4 | 1 | 0 |
Recent matches
| Bat & Bowl | Team | Opposition | Ground | Match Date | Scorecard |
|---|---|---|---|---|---|
| 4/11, 3* | PCB Greens | v PCB Blues | Lahore | 26 May 2012 | Other T20 |
| 20, 1/24 | PCB Greens | v PCB Blues | Lahore | 24 May 2012 | Other T20 |
| 14, 4/49 | PCB Greens | v PCB Blues | Lahore | 22 May 2012 | Other OD |
| 32, 1/28 | Pakistan | v Bangladesh | Dhaka | 22 Mar 2012 | ODI # 3267 |
| 9, 0/58 | Pakistan | v India | Dhaka | 18 Mar 2012 | ODI # 3263 |
| 0/32 | Pakistan | v Sri Lanka | Dhaka | 15 Mar 2012 | ODI # 3260 |
| 0, 2/49 | Pakistan | v Bangladesh | Dhaka | 11 Mar 2012 | ODI # 3258 |
| 3/23 | Dhaka | v Barisal | Dhaka | 29 Feb 2012 | Twenty20 |
| 27*, 1/35 | Dhaka | v Khulna | Dhaka | 28 Feb 2012 | Twenty20 |
| 0/19, 3 | Pakistan | v England | Abu Dhabi | 27 Feb 2012 | T20I # 229 |
Profile
Of Shahid Afridi it can safely be said that cricket never has and never
will see another like him. To say he is an allrounder is to say Albert
Einstein was a scientist; it tells a criminally bare story.
For a start, the slant of his all-round
skills only became clear ten years into his career; he is a leg-spinning
allrounder. Variety is his calling and as well as a traditional
leg-break, he has two googlies, a conventional offie and a lethal faster
one, though this is increasingly rare. All come with the threat of
considerable, late drift. He fairly hustles through overs, which in
limited-over formats is a weapon in itself and the package is dangerous.
But
forever associated with him will be his madcap batting, the prospect of
which is a crowd-puller the world over. He is a compulsive basher,
literally unable to control his urges to slog every ball that comes his
way, and not much of it is classical. Often spectacular results are at
hand; he owns, for example, two of the fastest ODI hundreds, including
the fastest one ever in his first innings ever at the age of 16. His
career strike rates are nearly unmatched. But mostly, anywhere in the
order, consistency has been missing.
Despite
a healthy Test career, he gave up on the format in 2006, pre-empting
men such as Andrew Flintoff, to maximise fully a limited-overs career.
He came back, in inimitable fashion, for one Test only, as captain no
less in 2010. A loss and two slogs meant he re-retired immediately
after. Twenty20 is something he could've been made for and he is among
the most lethal players of the format, having been player of the
tournament for the inaugural edition of the World Twenty20 in 2007 and
led Pakistan to the title two years later with matchwinning all-round
hands in the semi and final.
Maturity
has often threatened to gatecrash his career and leadership was a just
reward, though it was taken away from him in 2011 after an immature
spat; another retirement was announced but none of it will change much a
truly unique career.http://www.facebook.com/pages/MEri-jAn-ShAhid-aFridi-BooM-BooM/242280689181077?ref=tn_tnmn
http://www.espncricinfo.com/
Monday, May 7, 2012
LAHORE: The City of Flyovers & Extraordinary Architectures
Basic Information
Lahore is the capital of the Pakistani province of Punjab and the second largest city in the country. With a rich history dating back over a millennium, Lahore is a main cultural center of Pakistan. One of the most densely populated cities in the world, Lahore remains an economic, political, transportation, entertainment, and educational hub.Now a days Lahore is knowing as the City of flyovers, These flyovers are most beautiful and the architecture of these flyovers is awesome. Metro bus project is very great as we have shown from our own eyes. Most of the Lahore areas progressed during the tenure of Nawaz Sharif & Shahbaz Sharif.
Old Names of Lahore
Laha-war
Laha-noor
Loh-pur
Mahmood-pur
Labokla
Samandpal Nagiri
Culture of Lahore
Extraordinary Architectures
Lahore is the capital of the Pakistani province of Punjab and the second largest city in the country. With a rich history dating back over a millennium, Lahore is a main cultural center of Pakistan. One of the most densely populated cities in the world, Lahore remains an economic, political, transportation, entertainment, and educational hub.Now a days Lahore is knowing as the City of flyovers, These flyovers are most beautiful and the architecture of these flyovers is awesome. Metro bus project is very great as we have shown from our own eyes. Most of the Lahore areas progressed during the tenure of Nawaz Sharif & Shahbaz Sharif.
Old Names of Lahore
Laha-war
Laha-noor
Loh-pur
Mahmood-pur
Labokla
Samandpal Nagiri
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| Metro Bus Elevated Portion Night View |
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| Metro Bus Bridge (Muslim Town to Data Sb) |
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| Metro Bus Bridge (Ravi River) |
| Ring Road Package-9 Harbaspura Lahore |
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| Ring Road Package-9 Harbaspura Lahore |
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| Ring Road Package-4 Sagian Interchange |
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| Ring Road Package-7 Abduallah Gul Interchange |
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| Multan Road Lahore |
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| GT Road near UET Lahore |
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| Muslim Town flyover |
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| Kalma Chock Fly over |
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| Harbanspura Flyover |
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| Mian Meer flyover (fotress Stadium) |
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| Shalamar Flyover |
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| Jinnah flyover 7up |
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| Ravi Interchange (previously Niazi Shaheed Chowk/ Batti Chowk) |
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| Shairpao flyover
Ring Roads Project 1 to 15 package flyovers &Plane Roads
|
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| LRR Fly over |
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| LRR Flyover |
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| LRR flyover-3 |
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| LRR flyover |
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| LRR plane Road |
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| Lahore -Kasur Road |
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| LRR plane Road |
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| LRR plane Road |
Culture of Lahore
Lahore is cultural, intellectual and artistic center of the nation. Its
faded elegance, busy streets and bazaars, and wide variety of Islamic
and British architecture make it a city full of atmosphere, contrast and
surprise. The warm and receptive people of Lahore are known for their
traditional hospitality. This is a city of vivid differences, of
haunting nuances; where bustling bazaars, frenetic streets, glorious
fading elegance, British Architecture and echoing atmosphere of city's
many mosques merge together into a history that is both dramatic and
fascinating.
Extraordinary Architectures
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| Shalamar Bagh |
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| Minar-e-Pakistan |
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| Lahore Railway Station |
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| Lahore Museum |
| Race Course Lahore |
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| Dehli Gate |
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| Kims_Gun_in_mallroad |
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| Punjab Assembly |
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| Data Sb |
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| SBP Lahore |
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| Old Anarkali Lahore |
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