Author: Faiza Saleem

The Pakistan Super League (PSL) indeed started in 2016 with five teams: Karachi Kings, Quetta Gladiators, Peshawar Zalmi, Islamabad United and Lahore Qalandars. Later on, Multan Sultans joined the league, expanding the franchise count to six teams. The main source of revenue includes broadcasting rights, title sponsorship, gate money, and other related rights. It is estimated that the eighth edition of PSL (2023) recorded a total revenue of over Rs5 billion. PSL is the most popular game after T20 World Cup among the youth in the country. Pakistan Cricket Board (PCB) has a partnership in holding this PSL event and…

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The phrase “e-governance” denotes “Electronic government,” while “digital government” traces back to the late nineteenth century. Over the years, numerous scientists and researchers have dedicated themselves to advancing this field, seeking more efficient development methods. Historical insights reveal that the term “electronic democracy” emerged in 1992, with the United States pioneering digital government concepts. In 2010, the Organisation for the Advancement of Structured Information Standards (OASIS) shed light on technology’s drawbacks, hindering economic interactions and posing obstacles to achieving goals. To address these challenges, OASIS proposed “Transformational government,” advocating its global promotion to enhance public sector services and state decision-making.…

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A philosophical term “Man is a social animal”, and it cannot be forgotten. Society and livelihood is paramount significant for life. Human requires some renewable and nonrenewable resources in life. Although these resources are received by the nature it even has mostly positive and often negative effects on human life. To maintain equilibrium between resources and its impact state is responsible to ensures these resources and provide quality of life to the people. In order to fulfill these requirement, government establishes system, institution enforces law and order, formulates effective policies and get implementing on them. Currently, “the greatest threat to…

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The Prime Minister Imran Khan after came in government showed his ideology regarding Naya Pakistan among them the foremost important were tourism. It is true that with the help of tourism industry a country can make economy strong as all around the world tourism is considered as a key factor that can generate revenue. Similarly the Prime Minister introduced new policies, took effective initiative and explore new point for tourism such as nowadays Al-Biruni Radius (a tourism project for revival of the country’s heritage at Jhelum’s Nandana Fort) is being popularized not only in official website of tourism but also…

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It is very abundant imperative for the government to allocate resources wisely. Currently, the developed countries and developing is boosting country growth and economy under the umbrella of Science and Technological research for example the elephant and Dragon (India and China). By the assist of research and innovation country could attract market for business, investment and other trade activities. Therefore this time countries all over the world prompting science and Technology and other Innovation techniques The incumbent government of Pakistan allocated Budget 2021-2022 for Science & Technology Research Division is 8341 million rupees. There are multiply scheme to which government…

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Remittance is a decisive role in country economy. It circulates or flow the dollar in and outside the country. Pakistan standing 5th in the world that receives the remittance every year while, India is the largest receiving country. In year 2020-21 Pakistan received total remittance of $16.3 billion. The countries includes USA, UK, UAE, Germany, Australia Spain, Canada, Italy, Singapore, Afghanistan and other Gulf countries like Kuwait , Qatar, Bahrain, Oman while the largest Gulf country that provide a much amount to Pakistan is Saudi Arabia. The remittance plays a vital role in country’s economy it is used for the…

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Housing plays a key socio-economic development. According to UN about 3 billion people will need new housing and basic urban infrastructure by 2030. Without affordable housing financing solutions, many urban poor can’t get decent formal housing, whereas weak economic condition of our country making the chances difficult. Currently, the total population of Pakistan is over 207 million people, and is the world’s sixth most populous country. Due to poverty, inequality, macroeconomic, political and security conditions, natural disasters, unreliable power supply chain and now the Covid-19 pandemic pushed the country’s rank low on the human development index, at 147th out of…

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The rise of branded chain of supermarkets, mostly people has switched traditional grocery to branded grocery in Karachi and other urban cities of the country. This trend doesn’t show an impressive image in rest of town and cities of the country. These supermarket or retailer business sector has a massive contribution in Pakistan’s economy. Private enterprises in the industrial sector employ nearly 78 percent of the country’s GDP. Historically, the concept of food market developed by Vincent Astor, he founded the Astor Market in 1915 invested $750,000 into a 165’ by 125’ meter corner of 95th broadway. While, first time…

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Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan economy is crippling facing politically instability but economic growth of Pakistan remained 5.8 the highest in the history of nine years. Currently the growth rate is 5.5 that effecting economy and real estate business as well. Profit in real estate investment is seemed a huge achievement in international arena. It will boosts human lives, removes poverty, provides employment for many…

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Corporate sector has crucial role in Pakistan business sector, socio-economic development and country development. Corporate sector includes different organization; NGOs companies took initiative for the achievement of particular goal and growth related to business and economy. This sector works collectively for the well-being of human and also provides social facilities. Many companies are famous that provides millions of dollar of donation for social welfare. Corporate sector also increase remarkable amount of employment which flourished many lives. Among major sector one the valuable sector Pakistan International Airline Corporation Limited. The company was incorporated on January 10, 1955 and since working for…

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Every year billion of dollar or payment sent by overseas to their home countries. Over the last twenty years these remittances are being utilized for developmental activities and to sustain Pakistan economy. Remittance plays integral part in easing the current account deficit, providing balance of payment increase of export, labor force and market situation as well. Therefore remittances are referred as engine of economic growth. In the month of July the Prime Minister Imran Khan tweeted and shared good news for Pakistan economy that the remittances from overseas Pakistani reached $2,768 million in July 2020 that is much higher amount…

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Health insurance is a mechanism for spreading the risk of incurring health care cost over a group of individuals or household protecting the individual from the catastrophic financial loss in the event of serious illness. The major components of health insurance is to revenue collection, risk pooling, prepayment, or purchasing health care services. In many countries including Pakistan has fewest resources with malicious cycle of poverty that cause ill health and in turn illness of people sustains poverty. The quote is remarkable “health is wealth”. Therefore health insurance not only provides medicine but also purvey comprehensive care package. Many countries…

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