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April 30, 2007 Monday Rabi-us-Sani 12, 1428 Incomes in billions untaxed, 74pc live on less than $2 a day The government has set a revenue target of Rs1 trillion for the next fiscal year and has indicated that the current year’s target of Rs835 billion will be exceeded.... Micro credit and poverty Introducing micro credit is one thing but quite a different thing it is to ensure that it ultimately lifts the people from poverty. That can happen only when the quality and... Military and civilian welfare outfits Imran 41, a retired Major, supervises a security agency in Karachi from a fairly senior position. He is many times better placed in the society than most civilians, though they might... Powdery mildew: destructive disease of many crops and fruits THE powdery mildew is a wide-spread fungal disease of approximately 10,000 plant and tree species, belonging to more than 1,600 genera. In Pakistan, it is reported on near- about 70 different... Use of wastewater: opportunities and threats FOR the last many decades, there has been growing concern that the world is moving towards water crisis. Growing water scarcity threatens economic development, sustainable human livelihoods and environment quality.... Haldi cultivation needs a boost TURMERIC or ‘haldi’ as it is popularly called in Urdu, is the powder of an under-ground root of the plant `Curcuma lenga, L’ of Ginger family.... Missing voice of the marginalized The governance reforms initiated by the Punjab government back in 2003 to improve and upgrade social and economic infrastructure in the province for reducing poverty have begun to yield fruits.... Drainage projects’ impact on environment ACCORDING to the Section 12 of the Pakistan Environmental Protection Act, 1997, no proponent of a project shall commence construction or operation, unless the proponent has filed with the Environmental Protection... World commodity report Russia''s oil-fuelled recovery remains robust. The economy grew 6.8 per cent last year, its eighth year of similar growth, to pass $1,000bn - putting it among the world''s top 10. ... Auto czars make a beeline for India THE last few weeks have seen top honchos of the world’s leading automobile manufacturers make a beeline for India, either to inaugurate new plants, or to expand their existing production capacities in the country.... Boardroom or courtroom? Corporate governance campaigner and activists after several years of experience have come to realise that boardroom is better option than courtroom. This approach, in their view, will attain the end objective.... ‘Bara’ markets in legal trade GROWING volume of imports from China is formalising trade in Bara markets in NWFP, which until recently used to be a hub of smuggled goods. Bara markets, also known as Karkhano... Levying tax on capital gains THERE have been insistent demands from many quarters for the imposition of capital gains tax on the large income from investment on shares of companies. The demand has become very insistent... Trade body’s input in policy making The Confederation of British Industries (CBI) is a fascinating body. It is a leading business organisation, speaking for some 240,000 businesses that together employ around a third of the private sector workforce.... Will marine fishing be federalised? The federal food and agriculture ministry is understood to be busy drawing up a national fishery policy at a time when fish stocks in Pakistan’s sea waters are said to have... Softening of Indian trade barriers India has been denying that she is using non-tariff barriers (NTBs) to curb imports from Pakistan. But a small quantity of 5000 tons cement exported from Pakistan was briefly detained at... Investors’ optimism boosts KSE index THE KSE 100-share index confidently consolidated well above the psychological barrier of 12,000 points allaying fears of market crash as it did a year ago after having crossed the Rubicon in an identical bull-run.... Rupee moves both ways versus dollar, euro Mixed sentiments were observed this week in the local currency market, where the rupee moved both ways versus the dollar and euro.... Investments of scheduled banks increased to Rs973 billion At the Treasury Bill auction on April 25, the State Bank of Pakistan raised Rs47.8 billion from 3, 6 and 12 month T-Bills. The SBP raised Rs49.020... Short supplies keep rice prices higher THE Karachi wholesale commodity markets last week remained under the grip of speculative forces as leading among them tried to grab new crop arrivals of some of the essential items for hoarding purposes....

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