2021-03-04 13:05:39 GMT2021-03-04 21:05:39(Beijing Time) Xinhua English
by Raheela Nazir
ISLAMABAD, March 4 (Xinhua) Muhammad Irfan, 38, was keenly supervising the crafting of decoration items made of the famous Himalayan pink salt at his factory located in Khushab, a district in Pakistan s eastern Punjab province.
Thousands of people in Khushab are linked with the salt industry as the district is rich in minerals including huge deposits of salt, he said. We are associated with this business since 1990. Initially, we have been manufacturing edible salt, but over the past few years we have started making other products made of Himalayan rock salt considering their high demand, both locally and abroad, Irfan, the owner of M&S Salt Factory, told Xinhua.
A meeting of the Senate Standing Committee on Petroleum was informed that about 2.2 million people were associated with oil smuggling in Balochistan. ─ Reuters/File
ISLAMABAD: A parliamentary committee on Monday asked the government to commit a major part of savings from its drive against smuggling of petroleum products through the Iranian border worth over Rs200 billion annually to livelihood projects to avoid any unrest arising out of closure of illegal business of the people involved.
A meeting of the Senate Standing Committee on Petroleum presided over by Senator Mohsin Aziz was informed that about 2.2 million people were associated with oil smuggling in Balochistan because of limited job opportunities.
Mining: an engine of progress
Pakistan has great future in mining because it has huge deposits of minerals
ISLAMABAD:
We grew up hearing about abundance of minerals in Pakistan and their potential to bring economic change to the country.
However, so far we have not really been able to harness them to bring that change. While they remained mostly buried below the ground, the country kept on sinking in the quagmire of debt which stood at $276 billion as of June 2020.
In addition to the heavy debt, the country is embroiled in many other social and economic issues. This makes it imperative to look for all options for accelerated value creation and wealth generation.
Sun 03rd January 2021 | 03:10 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 3rd Jan, 2021 ) :Cognizant of the country s existing and future energy needs, the Petroleum Division (PD), during the year 2020, has aligned its strategy to streamline the matters related to the oil and gas sector.
It introduced the ease-of-doing-business plan and took radical measures to ensure a level-playing field for all competitors in the energy sector.
For the purpose, as many as 10 unnecessary steps, out of 24, were abolished to encourage investment in the petroleum sector.
Recounting the government achievements in the oil and gas sector, a senior official privy to the petroleum sector developments told APP that the PD started importing Euro-5 standard petrol and diesel for the first time in the country s history.