Archive for September, 2020

Important agri sector crumbling due to neglect

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Profiteers keeping millions hungry for earnings
Meetings, half-hearted steps will not revive agriculture

Convener FPCCI Central Standing Committee on Insurance Dr. Murtaza Mughal on Saturday said the most important sector of agriculture is crumbling due to continued disregard by the authorities.

Profiteers are also hurting this sector and keeping millions hungry for illegal profits while all the efforts to contain mafia has failed, he added.

Dr. Murtaza Mughal said that majority of the population is facing food security issues which cannot be resolved through meetings, statements and half-hearted steps.

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اسلام عورتوں کو گھرسے باہر جانے سے نہیں روکتابلکہ مردوں کو لگام ڈالتاہے، ڈاکٹر مرتضی مغل

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Karachi Mian Zahid Hussain FPCCI leader presenting shield to Dr Murtaza Mughal Convener Insurance Committee for his servics to Insurance Industry. Joint Director United Insurance Mr. Saif ud din also graced the picture.

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Country sinking in unsustainable debt: FPCCI

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Billions being borrowed without any justification
Gory crimes become a challenge for the dysfunctional system

Pakistan is mired in an unsustainable debt as billions are being borrowed without any justification, an FPCCI official said Sunday.

Horrible crimes have become the order of the day due to political interference in important departments which has unnerved masses and emerged as a challenge for the criminal justice system, said Dr. Murtaza Mughal, Convener FPCCI Central Standing Committee on Insurance.

In a statement issued here on Sunday, he said that new records are being set for loans while inefficiencies have resulted in political instability.

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FPCCI hold’s international seminar on insurance

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FPCCI Standing Committee on Insurance and Lahore Insurance Institute (LII) jointly organized an international online seminar titled, “Impact of COVID 19 on Insurance Sector – Opportunities and Challenges”۔

The webinar was attended by over 100 participants from the insurance sector and the business community of the country.

Dr Murtaza Mughal, Convenor FPCCI Central Standing Committee on Insurance

inaugurated the seminar and welcomed the participants and appreciated the initiative of LII in organizing the event.

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Hunger engulfing whole planet: FPCCI

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South Asia will be the worst affected region

Convener FPCCI Central Standing Committee on Insurance Dr. Murtaza Mughal on Sunday said hunger is overwhelming the globe in the wake of coronavirus and climate change while South Asia will be the most effected region.

Experts say that the issue of food security is worrying them and the situation in South Asia will be alarming as half of the world’s malnourished people live in this region, he said.

Similarly, the region is on the top of undernourished children which is compromising future of South Asian nations, he added.

Dr. Murtaza Mughal said that Asia and Pacific is also on the top as far as the unjust distribution of wealth is concerned which has made it a region with the most obese population.

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Costly symbolic projects damaged country a lot: PEW

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Majority of projects based on political considerations
Construction of political projects on borrowed money is criminal

The Pakistan Economy Watch (PEW) on Tuesday said the tendency of politicians to prefer symbolic and fancy projects over necessary projects have inflicted heavy losses on the country.

During the last fifty years, the majority of projects were designed to please the politicians while national interests were simply compromised, it said.

Billions were borrowed for fancy projects which was criminal while health, education, provision of clean drinking water, sanitation and supporting industrial and agricultural sectors was simply ignored, said Dr. Murtaza Mughal, President PEW.

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