Posted on June 9, 2007
Filed Under >Owais Mughal, Humor, Society
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5 responses to “Inspiration Pakistan: Salim Autos”

  1. Owais Mughal says:

    I recently attended a big seminar on work place safety and best practices. One point that the speaker highlighted said: “Always feel vulnerable at Work”. It immediately brought home this conncept of ‘zara ghabra ke’ which is mentioned in above post and which I firsdt heard on a Karachi foot path from a not-so-educated motor mechanic.

  2. cynic says:

    hi owais, thanks for sharing this profound observation.

  3. Aqil Sajjad says:

    Some of these budget numbers are pretty meaningless. Every year, the govt announces a largest ever PSDP (public sector development program) allocation, but the actual utilization falls well short of the figure given in the budget. Likewise, the actual defense spending is usually more than the budgeted amount, without any explanation of course.

    Even if the govt’s budget figures are to be believed, the fact that it is not interested in taxing the stock exchange and the real estate sector shows its warped priorities and sheer indifference to the majority of the nation. Another untaxed area is agricultural income; obviously, with the feudals sitting in the assemblies and the military-feudal nexus, this is a no go area.

    The question is how long this steroid based growth is going to last. The way the trade deficit is being covered by FDI suggests that we are headed for a crisis sooner or later. Perhaps it will happen in a post-Musharraf govt (just like the unsustainable budget deficits during Zia’s period led to a debt crisis in the 1990s) and then the apologists of the military and the drawing room classes opposed to democrasy will again put the entire blame on democrasy and recall the growth rate under Musharraf to argue that we are better off with dictatership.

  4. Adil Najam says:

    Here are the essentials of the budget announced today. The key queston – always – is what this means for people like Salim and Munno here.

    From The News:

    Minister of State for Finance Omar Ayub Khan announced Pakistan’s Rs 1874 billion budget for fiscal year 2007-08.

    According to the budget document the fiscal deficit in the budget will be Rs. 205 billion, while in the budget speech Rs. 398 billion deficit has been announced.

    The current expenditures in the budget have been set at Rs. 1353 billion i.e. 66% of the total budget, which is 2.2% more than the current fiscal year budget.

    According to the budget documents Rs. 520 billion have been allocated for the annual development programme, 37.7 % more than the current year.

    Rs. 1394 billion fiscal resources would be available to the government for the next financial year with Rs. 205 billion deficit. In current year 1100 billion rupees were available to the government.

    There are divergent figures of the revenue collection target set for the Central Board of Revenue. The revenue target for CBR collection in the budget document has been written Rs. 1030 billion at one place, while at other place in the document the target is Rs. 1002 billion rupees. The minister of state for finance announced 1475 billion rupees collection target set for the CBR.

    The net taxation revenue target in the budget has been set at Rs. 902 billion, which is 28% more than the current fiscal year.

    The centre will transfer Rs. 466 billion revenues to the provinces including Rs. 403 billion from the divisible pool and Rs. 62.8 billion through direct grants.

    Rs. 113 billion has been allocated in the budget for subsidies, while Rs. 119 billion has been earmarked for interest and repayment of foreign loans.

    Meanwhile, Rs. 318 billion will be paid for repayment of the domestic loans.

  5. Daktar says:

    I have always been a fan of the great skills and expertise of the ‘chootas’ in Pakistan.

    However, I have always been uncomfortable with teh child labor aspects of this. This is something that ATP has written about many times but I think we need to focus on this aspect even more.