Daily The Climax

Government has laid the foundation of speedy development through educational and economic policies: Mujtaba Shuja-ur-Rehman

LAHORE(By Our Bureau Chief)Provincial Minister for Excise & Taxation Mujtaba Shuja-ur-Rehman has said that government has laid the foundation of speedy development through educational and economic policies.

                   He expressed these views while addressing inaugural ceremony of 2-day Industrial Open House Carrier Fair 2016 at UET Lahore. Vice Chancellor UET Prof. Dr. Fazal Ahmed Khalid, representatives of companies, deans and teachers were also present on the occasion. The Minister said that public private partnership will not only generate jobs for the youth but provide an opportunity to institutions providing technical education to fulfill the required needs of industry. He said that due to this, not only economy of the country will strengthen but living standard of the people will also improve. He said that government is aware of difficulties and problems faced by the industry and making round the clock efforts for their redressal so that the country could be included in the comity of developed nations. He said that government is providing jobs on merit besides employment opportunity to the youth through self-employment schemes so that they could enable earn livelihood for their families. Vice Chancellor UET Lahore, convener of the fair Prof. Dr. Muhammad Pervaiz Mughal also spoke on the occasion. It may be mentioned that more than hundred companies are participating in the fair and more than 50 stalls have also been set up. Vice Chancellor Prof. Dr. Fazal Ahmed Khalid gave shield to Mujtaba Shuja-ur-Rehman.  

Education is only solution to resolving national problems: Begum Zakia Shahnawaz

LAHORE (PR) Provincial Minister for Higher Education & Population Welfare Begum Zakia Shahnawaz has said that education is only solution to resolving national problems.

                   She expressed these views while addressing 52 participants of staff course and 13 faculty members of Command & Staff College Quetta at Civil Secretariat Lahore, today. Additional Chief Secretary Punjab Shumail Ahmed Khwaja welcomed this military delegation led by senior instructor Command & Staff College Quetta Ahmed Jawad, currently on a study tour to Lahore. Briefing was also arranged on the occasion. Additional Chief Secretary Punjab Shumail Ahmed Khwaja made it clear that the entire nation is standing with Pak-Army and civil government for implementation of national action plan. He said that Punjab government has paid full attention to raise the standard of higher education in accordance with national demands. He said that it is top priority of Punjab government to enable youth lead a useful life by becoming skillful. Second priority of government is enrolment of children so that they could study compulsorily up to matric. He said that Multan will also be made a modern city. He said that flagship programme of Punjab government will be completed at the end of next year through which rural roads of Punjab will be widened and carpeted at a cost of 150 billion rupees. Similarly, Saaf Pani Project will also bring improvement in the health of society and cost Rs. 120 billion. He said that specialized courses have been introduced in Counter Terrorism Department for coping with terrorism.    

OFFICERS OF TURK NATIONAL POLICE CALL ON SHEHBAZ SHARIF  

  

LAHORE(By DGPR)A delegation of officers of Turk National Police led by Additional IG Nail Aydan met Punjab Chief Minister Muhammad Shehbaz Sharif, here today. The Chief Minister thanked Turk National Police officers for extending full cooperation in the training of Dolphin Force. He said that relations between Pakistan and Turkey has strengthened. He said that officers of Turk National Police has extended commendable cooperation in the modern and professional training of Dolphin Force. He said that Dolphin Force is working in a highly professional manner for controlling street crime and has built a good image in citizens. Shehbaz Sharif also thanked Turk President Recep Tayyip Erdogan, Prime Minister Ahmet Davutoglu and Home Minister. He said that Dolphin Force will promote a sense of security among citizens and will play a vanguard role in eliminating street crime. He said that an effective mechanism is being devised for monitoring of Dolphin Force. He said that Dolphin Force equipped with modern training is a new face of Punjab police. Nail Aydan said that Chief Minister Muhammad Shehbaz Sharif has extended complete cooperation in the training of dolphin force. He said that officers of Turk National Police will happy over helping their Pakistani brethren. Provincial Minister for Law Rana Sanaullah Khan, Special Assistant Rana Maqbool, MPA Jehangir Khanzada, IG Police, Secretary Home and concerned police authorities were also present on the occasion.     

SHEHBAZ SHARIF ADDRESSES EMOTIONALLY AND ENTHUSIASTICALLY--CRITICIZES ELITES

  

LAHORE(By DGPR)Punjab Chief Minister Muhammad Shehbaz Sharif addressed special seminar regarding Lahore orange line metro train in emotional and enthusiastic manner. During his speech, the Chief Minister strongly criticized handful elements opposing splendid project of public welfare and highlighted the importance and usefulness of metro train project in a comprehensive manner. The Chief Minister covered different aspects of Lahore orange line metro train project and termed metro train project of common man, widows, working women, students, nurses, doctors, teachers, labourers and all the citizens and said that a handful of elites travelling by costly vehicles like Pajeroes and Mercedes don’t know the travelling difficulties of common man. He said these elites never travel by public transport and have no concern with progress of common man, they should be ashamed, upon which the hall resounded with the slogans of shame, shame. In his address, Shehbaz Sharif advocated fully the usefulness of Lahore orange line metro train and strongly criticized opposing elites. People belonging to different walks of life present in the ceremony appreciated the address of Chief Minister Muhammad Shehbaz Sharif. During the speech of Chief Minister, slogans were raised regarding “Dekho Dekho Kaun Aya, Sher Aya, Sher Aya” and Shehbaz Sharif and metro train zindabad. The Chief Minister read the following verses during his speech:

Tamanna Abru Ki Hay Agar Gulzar-e-Hasti Mein
To Kanton Mein Ulajh Kar Zindagi Karne Ki Khu Kar Le

Nahin Yeh Shan-e-Khud-Dari, Chaman Se Tor Kar Tujh Ko
Koi Dastaar Mein Rakh Le, Koi Zaib-e-Guloo Kar Le

The Chief Minister concluded his speech by reading the following couplet.  

Jab Apna Kafla Azam-o-Yaqeen Sey Nikley Ga

Jahan Sey Chahein Gein Rasta Wahin Sey Nikle Ga

Watan Ki Matti Muje Aerian Ragarne Dey

Muje Yaqeen Hai Chashma Yahin Sey Nikle Ga

São Paulo Event Brings Business Leaders Together in Brazil

Private sector and international organizations gather at AmCham-Brazil event in São Paulo to find ways to out of the country's worst economic crisis.

By Lise Alves- BRAZIL
 With Brazil facing one of the worst economic crisis in its history, government officials, private companies and international organizations are scrambling to find ways out of the dismal economic scenario. The solution to the economy’s recovery, many say, is through increased productivity, stability and predictability, but to obtain these factors, Brazil must first tackle some very big problems.

IMF’s Otaviano Canuto spoke about problems facing Brazil’s economy at Amcham-SP, photo courtesy of Fecomercio-SP.

For the International Monetary Fund (IMF)’s executive director, Otaviano Canuto, the country’s ability to recover from the crisis will invariably force it to deal with three important factors which are holding it back: deficient infrastructure, terrible business environment and a lack of qualified labor.
“These three problems are limiting the country, reducing productivity and decreasing (the country’s) competitiveness. Any improvement will only come after it addresses these three problems,” said Canuto on Tuesday during a conference at AmCham-Brazil in São Paulo.
For the IMF executive with government spending (as a proportion of the GDP) increasing from 22 percent in 1991 to 34 percent in 2014 Brazil has no money left to invest in infrastructure.
“The social advances seen in the last few years were at the cost of more public spending and not significant gains in productivity,” said Canuto, adding that, “Brazil has one of the worst productivity indicators in Latin America, losing to countries such as Colombia, Mexico and Peru.”
To improve productivity said Canuto, Brazil must first improve its business environment. “Brazil is among one of the most economically closed nations among its peers,” said the IMF executive. This terrible business environment generates distortions in the economy and discourages the private sector from investing in innovation and expansion.

Walmart invested more than R$1 billion but was forced to close 60 stores in Brazil last year due to economic crisis, photo by Arthur Jacobs/Creative Commons/Wikipedia.

For Julian Nebreda, recently appointed CEO of AES Brasil, the lack of stability in rules and regulations, especially in the energy sector, is also a limiting factor for investments.
“It is hard to do business without long-term stability in (regulatory) rules in the energy sector,” said Nebreda, who noted that nonetheless he still considers the country an attractive place to invest.
The CEO says that due to the current crisis, sectors such as his, in the past strongly dependent on public financing for projects, are now seeking private financing to guarantee the energy projects in the future.
Long-term stability is also a concern for the country’s retail sector. Walmart Brasil’s CEO and President, Flavio Cotini, said that although every crisis brings opportunities, “the private sector requires predictability”. According to the executive, long-term planning is hard to do with rules and economic indicators changing suddenly so often.
“I have worked in the (Latam) region for a lot of years now and lived through hyperinflation in Brazil, but I have never faced such a volatile period as the one we faced last year,” said Cotini. Despite investing more than R$ 1 billion last year, Cotini says the company had to close sixty of its more than 500 stores in Brazil in 2015 due to the economic scenario.
Nonetheless these businessmen are confident that the economic crisis will someday pass, and companies like Walmart and AES say they will invest this year what they can, hoping that in the not-so-far future these investments will render dividends.
“Those who bet against Brazil in the long-term tend to lose,” concluded Brian Winter, Vice President of Policy at AsCoa (Americas Society/Council of the Americas) and Editor-in-Chief of Americas Quarterly.

HEC has given special research grant to Dr. Azhar Hussain

Bahawalpur (  PR ) The Higher Education Commission has given special research grant to Dr. Azhar Hussain, Assistant Professor, Department of Soil Sciences, Agriculture College, the Islamia University of Bahawalpur for a research project. The scholar will study impact of integrated application of enriched compost, biochar and humic acid on water retention/bioavailability and microbial dynamics in soil. 

IUB Administration has taken special measures for provision of scholarships to students in transparent and efficient manner

Bahawalpur (  PR ) The Islamia University of Bahawalpur administration on direction of Prof. Dr. Qaiser Mushtaq, Vice Chancellor has taken special measures for provision of scholarships to students in transparent and efficient manner. A booklet containing comprehensive information about all types of scholarships, fee remission and financial assistance has been published. A special panel interviewed 830 candidates for disbursement of HEC need based Rs. 13 million scholarships among 166 students of the current academic session. Similarly, 89 students appeared for selection to avail 45 USAID scholarships worth Rs. 4.5 million. Meanwhile, an audit team of Punjab Education Endowment Fund has appreciated the academic performance of IUB PEEF scholars.