Tag Archives: corporation

Catch me if you can – Pakistan’s army the best business corporation

Pakistan’s answer to the iPad is the PACPAD

By CHRIS BRUMMITT

Catch me if you can … Mohammad Imran holds a locally-made PACPad computer tablet at his electronics store in Rawalpindi, Pakistan.

Inside a high-security air force complex that builds jet fighters and weapons systems, Pakistan’s military is working on the latest addition to its sprawling commercial empire: a homegrown version of the iPad.

It’s a venture that bundles together Pakistani engineering and Chinese hardware, and shines a light on the military’s controversial foothold in the consumer market. Supporters say it will boost the economy as well as a troubled nation’s self-esteem.

It all comes together at an air force base in Kamra in northern Pakistan, where avionics engineers – when they’re not working on defense projects – assemble the PACPAD 1.

“The original is the iPad, the copy is the PACPAD,” said Mohammad Imran, who stocks the product at his small computer and mobile phone shop in a mall in Rawalpindi, a city not far from Kamra and the home of the Pakistani army.

The device runs on Android 2.3, an operating system made by Google and given away for free. At around $US200, it’s less than half the price of Apple or Samsung devices and cheaper than other low-end Chinese tablets on the market, with the bonus of a local, one-year guarantee.

The PAC in the name stands for the Pakistan Aeronautical Complex, where it is made. The PAC also makes an e-reader and small laptop.

Read more: http://www.smh.com.au/digital-life/tablets/pakistans-answer-to-the-ipad-is-the-pacpad-20120220-1tk59.html#ixzz1n7Mx84Bb

The current Political crises in Pakistan – CPP’s analysis

By CPP

The Pakistan’s current political crises, is the most horrific tussle among its top institutions, has morphed grievous consequent deadlocks for the running of the affairs of the state. In order to understand its fundamental reasons, here, we would need to analyze its background circumstances.

1). The Pakistani military is no more a mere security agency , but an industrial and business corporation, in real terms. The economic and business positions of the army Generals, has over taken in many folds, the volume of the civilian business enterprises  on the basis of these economic interests, being a class in stalk ,the political privileges, advantages and access to power or supremacy over the political dispensation is for now realized to be an oxygen for them . Therefore , military, as a class no way can afford any civilian government to deliver things  independently without their prior approval .

2). Among ,the many businesses of the army, apart from industries and import -exports , “JEHAD” is adapted to be the most credible business corporation ,which has been for long greatly flourishing in leaps and bounds , under US imperialist’s patronage for the last 40 or so many years ,as a result almost all 5 stars Generals and Major Generals have turned billionaires and down to the rank of Majors ,have become Millionaires ,in quite short span of life.

3). The Obama’s administration ( democrats ), seems interested to work out some settlement for the Afghan issue, in order to cut down its colossal expenditures , there . They earnestly aspire for to have been successful in installing a US amicable government in Kabul, which would mean for the Pakistani Generals to wash off hands from the Jihad dividends . Consequently, the Generals have to resort, applying every means to keep up the past madcap policy on Afghanistan intact, so as to let the Jihad business go on . The present elected government, has opted, greatly, a US harmonious policy on this issue.

4). There is also, exists a profound contradiction between the army and the civilian government over the establishment of relations viz a vis, India concerned . The Pakistani government desires to normalize relations with India, which is a total opposite perspective to the basic policy stand of the Generals. Keeping the Kashmir issue alive at all costs to legitimate the false security apprehension from India, so as to justify the persistent un-auditable increase in military budget and its personnel strength . This is subject to keep intact the security state, status of Pakistan, through enhanced empowerment and role granted to play by the military institution.

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Pakistan is near to declare bankruptcy

Rs100 crore a day

By Dr Farrukh Saleem

Pakistan’s Public Sector Enterprises (PSEs) are falling like nine pins. The Pakistan Railways, the Pakistan International Airlines, the Pakistan Steel Mills, the Pakistan Electric Power Company (Pepco), the Pakistan Agricultural Storage and Services Corporation (Passco) and the Utility Stores Corporation (USC) collectively end up loosing Rs360 billion a year – Rs100 crore a day every day of the year. That’s a hundred crore the government does not have – so it begs, borrows, steals and prints.

Currently, Nadeem Khan Yousufzai, MD PIA, is managing to lose Rs7 crore a day every day of the year. Haji Ghulam Ahmad Bilour, Federal Minister of Railways, is managing to lose Rs5 crore a day every day of the year. PIA’s half yearly report titled “Flying towards a prosperous future” reports that liabilities went up from Rs62 billion in 2005 to Rs200 billion in 2009. PIA’s annual report titled “We stand for national values” reports that net losses at the PIA have gone up from Rs4.4 billion in 2005 to Rs35 billion in 2008. At the Pakistan Railways, the overdraft now floats around a hefty Rs48 billion.

In mid-2009, the Pepco’s circular debt had reached a colossal Rs300 billion and that’s when the Government of Pakistan gave birth to another illegitimate dragon – Power Holding Company. The new dragon took over all of the Pepco’s sins by borrowing heavily from the banking sector but within two years of that take-over the Pepco committed 300 billion additional sins. And now the banks have not much left to lend.

The power sector debt – Rs485 billion and rising fast – just by itself has the potential of landing Pakistan’s entire banking sector into the gutter. Loosing Rs100 crore a day every day of the year will land the government into a ditch deeper than the government has ever been in.

We desperately need a Public Sector Turnaround Strategy (PSTS) without which our very survival as an effective nation-state is at stake. Our survival is at stake and yet our decision-makers are all about political rallies. I was once told that politics is the second oldest profession but the way our politicians are practicing politics it bears a close resemblance to the first. ….

Read more » The News

Sindh Rural Neglected by PPP government

by Dr Ali Akbar Dhakan, Karachi, Sindh

As reported in daily Kawish dated 7-2-2011 and its editorial dated 8-2-2011 about 36000 Employees less have been employed in rural Sindh than the prescribed constitutional quota of 11.4 by the Federal Government of Pakistan during the last year. The following tables published in the Daily Kawish dated 7-2-2011 show the position of employees belonging to rural and urban areas of Sindh working in the Federal Government Ministries and corporations during 2009-10:

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