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September 04, 2006 Monday Sha'aban 10, 1427 Development agenda under political clouds The killing of Nawab Akbar Khan Bugti, a political figure and the province-wide protest it sparked, would intensify the feelings of alienation among Balochis, making their entry into the national political mainstream far more difficult.... ‘Let economic actors deliver’ Without careful and intelligent handling, there exists a possibility of current political turmoil to assume the proportions of a crisis, which may induce the economic actors to take a back seat.... Initiatives for the second Green Revolution Does Pakistan need a second Green Revolution? Does it need to radically increase its agricultural output to outpace the population growth of 1.9 per cent officially or far more actually?... Causes of sugar crisis Sugarcane is the second largest non-food crop after cotton and ranks fifth in respect of acreage. Prolonged drought and heat stress decreased its production by 22 per cent in 1999-2000, and further 17 per cent in 2000-01.... Market integration for price stability In the past, the government has tried to stabilise prices in various agricultural markets through price supports or producer subsidy which have yielded mix results.... System of rice intensification: a beneficial option The system of rice intensification (SRI) was developed in Madagascar in 1980s. It has yet to make debut in Pakistan. The SRI is a method of production using less water with relatively more family labour than land and capital.... Industrial clusters for SMEs The government is considering a set of proposals to create special “industrial cities, clusters and zones” to attract investment, particularly for establishing small and medium enterprises (SMEs).... World economies Stronger consumption growth and an improved export performance deepened the economic recovery in the first quarter of 2006. These factors are expected to push GDP growth to 5.1 per cent for the year, ... Multiple controls over urban land in Karachi There are two yardsticks for measuring poverty. One is based on ‘poverty line’ income that allows individuals or households to meet their needs such as minimum food basket for calories intake.... Pilot project for blending petrol with ethanol The government has finally launched a trial E10 gasoline pilot project in the form of petrol blended with 10 per cent ethanol.... Is banking sector’s profit excessive? Almost all commercial banks have now published their half-yearly accounts for 2006. Compared to growth of 99 per cent in profit in the first half of 2005 over the first half... Quasi-economic factors behind population growth SO far, economic and some socio-economic variables have been identified as factors behind population growth. It has been established that population reduction is positively correlated with inclusive economic growth, poverty eradication, and provision of education, health, and infrastructural facilities.... The future of print media CONTRARY to international trends, the print media in India continues to grow rapidly. Last week, when The Economist, came out with a cover story – Who Killed The Newspaper? – citing... Accessing fossil fuels in Balochistan Pakistan’s oil and gas needs are growing very rapidly. A population growth rate of over two per cent per annum combined with the average annual economic growth rate of over six... The second generation of economic reforms A visiting IMF review mission is holding discussion with officials in Islamabad to have a feel of how its reforms are faring after completion of the Fund’s three-year structural adjustment programme... Losing race with the competitors For more than 15 years, the government and the textile industry have been talking about the shift towards value-addition. All kinds of incentives including low mark-up on loans for export-oriented textile industry have been offered.... Quest for affordable power The non-addition to power infrastructure in the late 1980s and early 1900s resulted in an acute shortage of electricity. The solution was sought in the World Bank idea of independent power producers (IPPs).... KSE’s 30-share index makes a firm debut The Karachi Stock Exchange’s new 30-share index made a firm debut at the fag-end of last week overshadowing the performance of the existing two. Analysts have predicted that it would provide effective guidelines to prospective investors in the weeks to come.... Rupee comes under pressure Mixed sentiments were witnessed in the local currency market this week. The rupee weakened versus the dollar in the inter-bank market, where it remained under dollar demand pressure and crossed resisting level of Rs60.40... Bank deposits display rising trend According to the weekly statement of position of all scheduled banks for the week ended August 05, 2006, deposits and other accounts of the scheduled banks stood at Rs2,818.436... Trading activity picks up on wholesale markets Trading activity picked up on the Karachi wholesale markets last week as leading stockists and importers sold in part their long positions on some essential counters followed by reports of considerable improvement in ready position....

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