Archive for June, 2009

Worst road condition affecting tourism in NAs ٹوٹی پھوٹی اورخراب سڑکوں کی وجہ سے شمالی علاقوں کی سیاحت کی صنعت متاثر ہورہی ہے۔۔۔۔۔۔۔

The News – Tuesday, June 30, 2009 – Yousaf Ali

GILGIT: The worst condition of road is the main reason for the dwindling tourism in the beautiful valleys of Northern Areas where tourist activities are almost invisible in the peak season.

There are certainly other reasons contributing to the worsening tourism activities in this most peaceful region. The other reasons include the unclear status of the areas, their name and the sectarian tension, which sometime result in clashes.

“The road right from Gilgit to Thakot in Battagram district presents its worst shape. It is due to the lousy road the 14-hour drive from Gilgit to Pindi can now be covered in 25 long hours,” said a driver.

An official of Northern Areas Transport Corporation (Natco), wishing not to be named told, The News that the road might pose threat to the integration of the country, as according to him the people of the Northern Areas had serious reservations over the backbreaking land route.

Major portion of the 628-kilometre Gilgit-Thakot Road is badly damaged. The people of the areas and transporters feel no hesitation in blaming the construction companies and government authorities for the poor performance.

At several places the road has been dug, but not reconstructed. While the remaining parts of the highway have been reduced to a katcha track, as no-repair work could be carried out there for years.

Going towards the Chinese border, one can see a completely different picture, where the Chinese workers and engineers remain busy day and night in the widening and reconstruction project of Karakoram Highway.

The name of Northern Areas is another major reason affecting tourism in the area. Talking to a delegation of Peshawar-based journalists, Mir Ghazanfar Ali, chief executive of the Northern Areas, counted this name as the second major issue of the people of the six-district region.

He said Swat, Shangla, Dir and other restive region, too, were projected in national and international media as Northern Areas due to which tourists were reluctant to visit this region as well.

During a four-day visit to the region, this correspondent found these valleys extremely peaceful, which are located as several hundred kilometres from the restive parts of NWFP and tribal areas. There was no talk of militants or military. The routine activities were quiet normal.

Activity in the market places and the scenic valley, however, was thin due to short number of tourists. The traders, transporters and tourist operators were the most concerned about the minimum number of tourists as they were the major sufferers of it.

Though safe from the menace of militancy and terrorist activity, the region is plagued by sectarianism where sectarian tension remains high round the clock. Sometime sectarian violence is also witnessed in the region having a mixed population of Sunnis, Shias and Ismailis.

The clashes, however, remain thoroughly restricted to the local population. Both the sects — Shia and Sunni — refrain from inflicting any harm on tourists and visitors of the region. Coming down from Hunza on Saturday night, this correspondent found the Karakoram Highway blocked at a place in Nagar Valley called Jafarabad. They were protesting the killing of a young man from Shia community in police custody.

The road was blocked for 13 long hours and reopened for general traffic at around 10 p.m. Some of the protesters were of the opinion that it was not something sectarian, but an issue with the police and the government authorities. A large number of people had gathered on the main road where they staged a protest demonstration from morning till late evening, but none of the stranded vehicles or even the nearby police station was harmed. No doubt the followers of all the communities of the region consider sectarian incidents as purely local, but it certainly leaves negative impact on tourism.

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پچاس ملین روپے مالاکنڈ فنڈ میں سے چترال کو بھی حصہ ملنا چاہئے

Chitral demands share in Rs50bn Malakand fund

Daily Dawn -By Zar Alam Khan - Tuesday, 30 Jun, 2009

ISLAMABAD, June 29: Though exemplary peace prevails in Chitral, one of the districts of the Malakand division, the violence and subsequent military operation in Dir and Swat have left a devastating effect on the poverty-stricken people of the valley.

Chitral’s location among the rugged Hindukush mountains keeps it cut off from rest of the country for half of the year in winter. This year, however, Chitralis remain stranded even in summer due to the military operation in the Malakand division. Inside the valley, road infrastructure, healthcare and educational facilities are almost non-existent.

The government allocates funds for districts on the basis of their populations due to which Chitral gets a paltry sum every year. However, with the operation in the region nearing conclusion, the residents of Chitral expect that the federal government would announce a special package to compensate the losses which they have suffered due to blockade of roads and collapse of the tourism industry.

Area-wise Chitral is the largest district of the NWFP and accounts for nearly 60 per cent of the Malakand division. Unlike the violence-affected districts, Chitral borders three lawless Afghan provinces of Kunar, Nooristan and Badakhshan in the west. It also opens through numerous passes to militancy-hit Swat and Dir districts in the southeast and south.

When seen in such a geographical setting, Chitral could have very easily become a centre of attraction and safe haven for the fleeing Taliban militants. However, the people of the valley played their collective role in maintaining peace in the area.

MNA from Chitral Shahzada Mohiuddin says time has come people of Chitral should be rewarded for their role in maintaining peace under the prevailing circumstances.

‘Otherwise, there is a danger that they would start thinking that peace has failed to bring them any dividend.’ Should taking arms, breaking the law, killing innocent people and blowing up schools are a prerequisite to bring in development? There is a danger that the sense of deprivation can drive people towards a negative approach to attain their rights, he added.

In a letter to Adviser to Prime Minister on Finance Shaukat Tarin, Mr Mohiuddin hailed the decision of Prime Minister Yousuf Raza Gilani for allocating Rs50 billion for the Malakand division but warned that his area should not be excluded from the package because Chitral has indirectly suffered unprecedented economic losses due to the violence.

He said at least 5 per cent of the amount should be set aside to make for the economic losses the current turmoil in the region has caused to Chitral.

He also urged Federal Minister for Information Qamar Zaman Kaira and Lt-Gen Nadeem Ahmed of the Special Support Group not to ignore Chitral while allocating the funds for development of the violence affected districts.

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Pop star Michael Jackson has died in Los Angeles, aged 50. پاپ موسیقی کا دمکتا نام مائیکل جیکسن دل کا دورہ پڑنے سے فوت ہوگئے۔۔۔۔انکی عمر پچاس برس تھی۔۔۔۔

Paramedics were called to the singer’s Beverly Hills home at about midday on Thursday after he stopped breathing. He was pronounced dead two hours later at the UCLA medical centre. Jackson’s brother, Jermaine, said he was believed to have suffered a cardiac arrest. Jackson, who had a history of health problems, had been due to stage a series of comeback concerts in the UK on 13 July. Speaking on behalf of the Jackson family, Jermaine said doctors had tried to resuscitate the star for more than an hour without success. He added: “The family request that the media please respect our privacy during this tough time.” “And Allah be with you Michael always. I love you.”

TV footage showed the star’s body flown from UCLA to the LA County Coroner’s office where a post-mortem is expected to take place on Friday. Concerns were raised last month when four of Jackson’s planned comeback concerts were postponed, but organisers insisted the dates had been moved due to the complexity of staging the show. A spokeswoman for The Outside Organisation, which was organising the publicity for the shows, said she had no comment at this time. Broadcaster Paul Gambaccini said: “I always doubted that he would have been able to go through that schedule, those concerts. It seemed to be too much of a demand on the unhealthy body of a 50 year old.

“I’m wondering that, as we find out details of his death, if perhaps the stress of preparing for those dates was a factor in his collapse. “It was wishful thinking that at this stage of his life he could be Michael Jackson again.” Uri Geller, a close friend of the star, told BBC News it was “very, very sad”.

Speaking outside New York’s historic Apollo theatre, civil rights activist Rev Al Sharpton paid tribute to his friend. “I knew him 35 years. When he had problems he would call me,” he said. “I feel like he was not treated fairly. I hope history will be more kind to him than some of the contemporary media.” Melanie Bromley, west coast bureau chief of Us Weekly magazine, told the BBC the scene in Los Angeles was one of “pandemonium”. “At the moment there is a period of disbelief. He was buying a home in the Holmby Hills area of Los Angeles and the scene outside the house is one of fans, reporters and TV cameras – it’s absolute craziness. “I feel this is the biggest celebrity story in a long time and has the potential to be the Princess Diana of popular culture.” BBC

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Aga Khan Foundation provides technical assistance in various renovation projects

 The Nation -24 Jun 2009  LAHORE – The Lahore Fort management is recruiting 40 new security guards besides installing security cameras at sensitive points in view of prevailing law and order situation in the country.

Archaeology department’s Director General Dr Syed Parvaiz Abbas on Tuesday said that department was establishing foolproof security system and taking radical steps for renovating the Lahore Fort and Shalimar Garden keeping in mind the original splendour and beauty of the monuments.

-snip-

DG said the archaeology department was waiting for its budget to be approved and disbursed. “We have planned a number of projects to improve the beauty of the great historical monument and Agha Khan Foundation is also providing technical assistance in various renovation-projects,” he added.

Read at source: http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Regional/Lahore/24-Jun-2009/40-more-guards-to-guard-Lahore-Fort

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Controversy erupts over Shandur polo festival

 The News – Thursday, June 25, 2009 – Tauseef-ur-Rahman

Minister says law and order not too bad to hold event
PESHAWAR: A controversy has erupted over holding of the annual Shandur polo festival as the Chitral district government has recommended to the provincial government to not to hold the event owing to the deteriorating law and order situation.

On the other hand, NWFP Minister for Sports and Culture Syed Aqil Shah has said the event would be held to disseminate the message that terror activities could not shatter our confidence. The event is to be held on July 7.

Talking to The News by phone, Chitral District Nazim Haji Maghfirat Shah said the security forces would not be able to provide fail-safe security to the participants of the

sports gala. “Our 4,000 scouts have already been deployed in conflict-hit areas and close proximity of the venue of the event to Doog Darra area of Dir Upper may expose the participants of the festival to any untoward situation.”

Doog Darra till the recent past was considered to be a stronghold of militants. The volunteer forces of Dir, however, besieged militants in Doog Darra after a Taliban-linked youth carried out a suicide attack in a mosque in Dir, killing 48 persons.

Maghfirat Shah said that recently they held an all-parties meeting at district level where all political forces except the Awami National Party (ANP) and Pakistan People’s Party (PPP) voted against holding the sports event.

He added that any mishap in the upcoming event might put a permanent end to the sports festival, which would not augur well for the residents of the district. “We want continuation of this event, which is why we’re opposing its holding this year,” he said.

Nevertheless, NWFP Minister for Sports Syed Aqil Shah told The News by phone that law and order in Chitral was not too bad to hold the polo festival. He said the provincial government had contacted the commander of 11 Corps and high-ups of the Frontier Corps, who assured them their cooperation to make the event a success.

He said the final match of the District Polo Tournament was held in Chitral on Wednesday, which was witnessed by more than 30,000 spectators. “At the end of the match,

thousands of spectators chanted slogans in favour of holding the Shandur polo festival,” he said.

Aqil Shah said a handful of people were opposing the holding of sports event, and come rain or shine, the provincial government would hold the event. “Such events will boost people’s morale on the one hand and improve the image of the province on the other,” he maintained.

Meanwhile, an important meeting regarding the holding of Shandur polo festival was held on Wednesday at the Chitral District Council Hall, with NWFP Minister for Population Welfare Saleem Khan in the chair. The meeting was attended by Chitral District Nazim Maghfirat Shah and nazims of all union councils of Chitral.

Provincial Minister Saleem Khan apprised the meeting about the point of view of the provincial government about the Shandur polo festival.Expressing their views on the matter, the nazims said Shandur festival was an important festival of Chitral but due to the

prevailing law and order in the province and the heavy loss of lives of the security personnel of Chitral in the ongoing war against militants, the holding of Shandur festival seemed very difficult. Saleem Khan said he would apprise the provincial government of the reservations of the district government.

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‘Development Credit Bank planning a meaningful stake sale this year’

Q&A: Nasser Munjee, Chairman, Development Credit Bank

Sidhartha / Mumbai June 24, 2009, 0:04 IST

In recent months, Development Credit Bank (DCB) has made news for all the wrong reasons, including the distinction of being the only bank to report losses in 2008-09. In a wide-ranging interview, the bank’s Chairman, Nasser Munjee, tells Sidhartha that the worst is over and DCB will be profitable in the second half of this year. Besides, he reveals that DCB, in which the Aga Khan Foundation holds 25.1 per cent, is looking to divest stake to a strategic investor. Excerpts from the interview:

You are the only bank to have reported a loss during the last financial year…
Let me put it in perspective. The bank had a portfolio of unsecured lending, which we wanted to run off and increase the share of secured lending. We needed a couple of good years. The first half was fine but post-October, the commercial vehicle market and the construction equipment & logistics business completely collapsed. The third quarter was bad for everyone. That’s where our unsecured personal loan portfolio was hit because of cash flow problems for many borrowers. Fortunately, we had stopped retail lending in May-June 2008. A large part of the provisioning of Rs 125-130 crore was for retail. Last year, we also adopted a very stringent provisioning policy. We provide 50 per cent on (loans that are outstanding for) 90 days and 100 per cent on 180 days. We have excess provisioning and anything we recover goes to the bottom line. It’s a timing issue. We have an operating profit.

We have also contracted the balance sheet because we saw the problem with wholesale money. We repaid some of the high-cost deposits and concentrated on current and savings accounts (Casa). The share of Casa has increased from 26 per cent to 31 per cent. The balance sheet is now around Rs 5,900 crore as against Rs 7,500 crore in the previous year. The good news is that retail deposits are over Rs 2,000 crore and have increase by Rs 500 crore in the last six months. The trends are very healthy. Our income has been affected because we stopped retail lending and are very slow on corporate financing. Also, our capital adequacy is very healthy. We will raise Tier-II capital.

But won’t the rating downgrade affect you?
We have our well-wishers. It is expensive to raise Tier-II capital but we will raise Rs 50 crore. If the conditions are good, we may think of a rights issue later in the year. We are not desperate but when times are tough, it’s best to have excess capital. One thing is clear: we cannot contract the balance sheet further.

Have you reworked your strategy, something that you were planning to do?
We will have to find a business model that will include totally secured lending such as mortgages and home equity. Our SME (small and medium enterprise) business has done very well and we want to focus on mid-corporates. We would like to be a neighbourhood bank and focus on Gujarat, Goa and Maharashtra.

We want to use our 80 branches more efficiently. Cost-control is part of the strategy. Since our business has shrunk, our staff strength has come down from around 2,200 at the end of March 2008 to 1,570 now. The economy will be extremely robust in 2010. You will still find some pain this year but by the end of the year, things will really change. We expect a return to profitability in the second half of the year.

What does RBI have to say in terms of operations?
Last year was very challenging as we had downgrades, which occurred due to two reasons. One was because Akfed (Aga Khan Fund for Economic Development) was asked to dilute stake, and that would have lowered the comfort level. Two, there was no CEO. Now, we are getting to grips with the situation.

But how are you addressing RBI’s concerns on stake dilution?
It has been handled informally as stake dilution was supposed to have been done by March. In difficult times, you need strong promoters. You can always get a private equity player, but will you be comfortable with it? I have been arguing the case and RBI appreciates it.

What are the options before you?
One option is to go it alone, raise capital and clean up the books. It will take a year to be on top of the situation and I am very bullish on 2010. The second option is to get a strategic partner. But the bank is neither for sale, nor is it being merged. The maximum we can consider is a strategic partner and that’s something that makes sense. I have some very good names but I cannot take that decision. I will take the options to the promoters.

By when will you decide?
We should do it this calendar year. We need a partner with a philosophical fit with Akfed.

How much stake can you offer, given RBI guidelines?
These details are yet to be worked out. Obviously, a small amount does not make sense. It has to be a meaningful shareholding.

http://www.business-standard.com/india/news//development-credit-bank-planningmeaningful-stake-sale-this-year//361925/

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Aga Khan Health Board for the UK launches online Nutrition Center in conjunction with the Department of Health

TTCMonitoring – June 22, 2009 – It may be one of Britain’s most popular foods, but curry has not had the healthiest of images. That may now change.

Dishes drowning in ghee – clarified butter – send alarm signals out to nutritionists, and for good reason. Recent studies show that those in the south Asian community have a 50% chance of dying prematurely from cardiovascular disease.

Now the Aga Khan, head of the Ismaili Muslim community, has launched a project to transform the eating habits of south Asian households. An online nutrition centre, launched last week by the Aga Khan Health Board for the UK, in conjunction with the Department of Health, will feature a library of authentic recipes and is aimed at families who enjoy African, central and south Asian and Middle Eastern food.

The leading Indian dietitian and TV presenter Azmina Govindji said: “We know that there is an increasing incidence of certain conditions within the south Asian community, typically type-two diabetes and coronary heart disease. And one of the ways to prevent these conditions is by providing healthy recipes for a diet traditionally eaten within the south Asian community.”

Working on the traffic-light system of red, amber and green, website users can call up familiar recipes to check their fat content. “For example, a lamb biryani can have very high levels, but lentil-based dishes, like a dhal, can be healthy,” Govindji said.

The site will suggest which ingredients can be replaced by healthier alternatives without losing the overall taste.

http://www.guardian.co.uk/lifeandstyle/2009/jun/21/curries-ghee-free-south-asia

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At least seven Taliban militants were killed in a gunfight with local vigilantes in northwest Pakistan, police said.

Seven Taliban killed in Chitral: police

TTC Monitoring – Chitral (June 22, 2009) At least seven Taliban militants were killed in a gunfight with local vigilantes in northwest Pakistan, police said.

A group of rebels fleeing towards northwestern Chitral district was intercepted by local vigilantes in the village of Patrak in Upper Dir district after which intense gunfight broke out, police chief Ejaz Ahmed told AFP.

“Seven militants were killed in the fighting,” he said, adding that police had blocked possible escape routes out of the area to try and catch the fleeing insurgents.

Officials have said up to 1,000 Upper Dir villagers earlier this month formed a vigilante mob and stormed three villages where suspected Taliban were hiding out.

They killed six of them to avenge the bombing of a mosque in the village of Hayagai Sharqai in which 38 people died on June 5.

Upper Dir is near three northwest districts hit by the Pakistani military offensive aimed at crushing rebel fighters after they flouted a peace deal and thrust towards the capital Islamabad.

The offensive has the backing of the United States and enjoys broad popular support among Pakistanis exasperated by worsening Taliban-linked attacks, which have killed more than 1,960 people in the nuclear-armed country since July 2007. (AFP)

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The assault, particularly on girls, had evoked outrage. The chief minister told reporters in Bangalore that the episode was “very unfortunate”.

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Indian extremists –

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