Handicrafts industry can fight poverty on July 7, 2019Artisans should be encouraged by offering opportunities and financial support to display their art and products in exhibitions. Pakistan comes at the bottom of the list of developing countries with an annual handicrafts export of around USD 255 million. India records more than USD 3000 million for the same tenure. This obvious gap is apparently […]
Karachi’s untreated waste goes waste on July 4, 2019Karachi’s DMC East alone has a population density of 41,666 persons per square kilometre, and it produces 322,357 tons of garbage daily. It is enough to produce 3,950 MW garbage electricity-four times of Mangla Dam with 1,000 MW per year-provided that the plant is characterised by transfiguring the waste into refuse derived fuel (RDF) first, […]
Grey economy: a pushback on upkeep of revenues on July 1, 2019Pakistan’s government has publicised its interest in registering the grey economy through the Finance Bill 2015 that solely features a framework of tax collection. Banks have been advised to report transactional information to the Federal Board of Revenue through section 165(b) of the aforesaid bill. A heavy focus has been put on conducting audits of […]
Pakistan’s leather industry draws its last breath on June 27, 2019Popular since 3000BCE, and being amongst the biggest industries of the world, transnational leather economy has surpassed annual trading volume of $90 billion, and is still growing. But Pakistan’s contribution is waning with the passage of time. Leather is mainly used in manufacturing numerous goods, ranging from daily wear to furniture. Raw hides are extracted […]