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COVER STORY
OPERATION BADAR

title-32.JPG (261561 bytes)There is general consensus in Pakistan both on the individual level as well as at the national level that mastery of information technology is crucial for our survival. The only thing we lack is direction, focus, and a winning strategy.
Operation Badar is the passion of Ziaullah Khan to give that direction and winning strategy to the nation.
The reality is that it will be very difficult for us to compete with USA, which is at least 50 years ahead and India has about a 20-year lead. The only way we can leapfrog our competitors and effectively participate in this revolution by focusing and gaining excellence in upcoming and cutting edge technologies.


IT PROJECTS
The tendency on the part of public sector companies to award projects to foreign companies is not only depriving the local IT sector a substantial volume of business but is also sending all kinds of wrong signals to prospective investment. On the one hand, it is denying the local software houses to make deeper inroads into the local market one of the major prerequisite for access overseas and on the other it is costing the country a sizeable chunk of precious foreign exchange.


NATIONAL CLEARING & SETTLEMENT SYSTEM
The Central Depository Company has been given mandate to implement the System. It is aimed at stabilizing equities market and capping systemic risk. It will improve the market efficiency through consolidated geographically neutral clearing facility.


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