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Showing posts from June, 2015

Rawalpindi-Islamabad Metro Bus

The much awaited Metro Bus Service is now functional in Islamabad connecting it to the twin city of Rawalpindi. The PKR 45 billion cost (USD 4440 million) of the project was criticized mainly by the opposition parties led by Tehreek Insaaf. However the record time for completion of the project is something which justifies the the financial outlay. In Pakistan Public Sector infrastructure projects are plagued by delays and some are altogether abandoned after partial work. The 23 KM long metro has 24 station. Today I had a glimpse of Pakistan Secretariat Station of it. There is quite excitement among the travelers and many are travelling just to have fun. Few pics here. Although secretariat is closed today being Saturday, still large number of public was seen buying tickets and Metro-Bus Card.  To avoid queuing up the line to buy ticket, a better option is to get a Metro-Bus Card. The card can be reloaded and costs 130 Rs for the first time and subsequently recharg

Salient Feature of Economic Survey of Pakistan 2014-15

Growth Rate = 4.24: The target was set for 5.1%. This year, target is set by Prime Minister at 5.5%. Without any scientific calculation, when growth target is set in a random manner, then it is simply going to be missed by a margin. India is growing at 8% while china in the double digit until recently. We never gave any serious thoughts to our this very pathetic performance. Population = 191.7 Million: Mashallah the Islamic Republic is growing by leaps and bounds and the number of Muslims is on the rise. However, the condition and standard of living for these are deteriorating. Agriculure 20.9% of GDP: Agriculture occupies as the main activity in the country contributing to more than one fifth of the GDP. This, is like we are still living in the agrarian era Agriculture 43.5 of Employment: Mostly this low paid sector where people are semi-employed and return is very low for the farmers and labors. All the gains are for the landlords. Per Capita Income = 1512 Dollar