The
influx of women business graduates from various universities and
business schools and a visible change among the females to be
self-employed is the strong indicator of a significant change towards
economic development of the society. The economic policies of the
present government have a thrust to streamline formal and informal
entrepreneurial capability of women entrepreneurs in Pakistan. The
female population is being given preferential treatment in
micro-financing scheme launched by the government and in other project
financing schemes introduced by the commercial banks as a policy
matter.
RAILWAYS
The
Minister for Railways and Communication Lt. Gen. (Rtd) Javed Ashraf
Qazi claimed with full confidence that Pakistan Railways which showed
an operating loss of Rs. 9 billion 2 years back will end the current
(2001-2002) financial year with some profit. The annual losses were
brought down to Rs. 5 billion from Rs. 9 billion during the outgoing
financial year. Shamim A. Rizvi, reports from Islamabad.
CYBER
CAFES
The
increasing demand for cyber cafes in Karachi, and for that matter in
the other urban centres of Pakistan, is fuelled primarily by two
reasons, one financial the other convenience. The first is the
inability to own a PC, the second to have privacy. The mushrooming of
cyber cafes in the middle and low-income localities at a much faster
pace than the affluent areas shows the people's resolve to gain at
least the basic functional knowledge as IT revolution gains momentum
in this developing part of the world.
