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.
