Posts

Showing posts from June, 2019

A documented economy

Courtesy:-  Malik Muhammad Ashraf

Informal economies are considered a barrier to inclusive growth and exclude a majority of people from accessing opportunities of productive growth in the economic realm, depriving them of entitlement at work because of their informal status. In comparison, workers engaged in formal, registered, tax-compliant businesses and units are legally covered for social protection. The undocumented economy or the informal economy also hinders proper economic planning for socio-economic development.

Purpose of amnesty scheme

Courtesy:-  Malik Muhammad Ashraf

The existence of informal economies is a debilitating phenomenon wherever they thrive as they are considered barriers to inclusive growth and exclude the majority of people from accessing opportunities of productive growth in the economic realm and deprive them of entitlement at work because of their informal status. In comparison, the workers engaged in formal registered, tax compliant businesses and units are legally covered for social protection. The undocumented economy or the informal economy also hinders proper economic planning for socio-economic development. The growing influence of the informal economy, especially in developing countries, has created great concern and is a big challenge for political and economic managers.

Bonhomie through dialogue

Courtesy: -  Malik Muhammad Ashraf

RELATIONS between Pakistan and India unfortunately witnessed a nosedive during Modi’s first tenure as Prime Minister and before the general election in India the two nuclear powers almost came to the brink of war in the backdrop of Pulwama incident. That possibility was averted by sagacious restraint shown by Pakistan. It not only released the Indian pilot immediately after his capture but also sought the involvement of the international community in defusing the volatile situation which confirmed Pakistan’s credentials as a peace loving nation in spite of having a matching strength to retaliate against any aggression as it demonstrated during the short-lived confrontation.