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National Savings Scheme (NSS) has decided to launch short termed maturity saving certificates scheme from the first week of July, in order to facilitate its clients with small investments.

The short-term savings certificate with minimum investment of Rs10,000 for three months, six months and one year will be launched from Tuesday, announced Central Directorate of National Savings (CDNS) Director General Zafar Sheikh on Friday.

The NSS new short termed saving certificates scheme includes the categories of 3-month, 6-month and 12-month maturities.
The certificate will provide better alternative for the Investor Portfolio Securities (IPS) Account which have minimum investment criteria of Rs100,000 for T-Bills. These certificates will be relatively easier as well as cost effective for small investor.

Complete details can be obtained from here.

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Pakistan Telecommunication Authority (PTA) is responsible of delaying the 3G auction, as it is not finalizing any date for auction.

The auction of 3G licenses is expected to fetch up to one billion dollar, Secretary Information Technology Farooq Awan told Public Accounts Committee (PAC) of the National Assembly here on Wednesday.

The PAC meeting was chaired by the newly elected chairman of the committee, Nadeem Afzal Gondal. The meeting reviewed the audit accounts of telecommunication sector for 2004-05 and 2006-07.

The secretary assumed that despite giving assurance to Ministry of Information Technology, the PTA did not hire consultant for the valuation of 3G licenses, which the government had earlier listed to auction in March 2012.

The PTA had given assurance on December 19, 2011, when the decision to auction the 3G licenses through international bidding was taken that bidding would be held by March, Secretary added.

He remarked that,

“But no consultant has so far been hired by the PTA after expiry of 80 days at a time when the government is desperate for cash.”

 

Via Brecorder

 

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Electricity shortfall is on the rise now days and in order to overcome the crises Prime Minister of Pakistan has summoned a National Energy Conference on 9th April, 2012.

The aim of this conference is to find possible solutions for the energy crisis.

The powers shortage has made people across the country furious.

Violent protests were observed in various parts of the country over growing duration of power outages particularly in the most populous province of Punjab.

The spokesperson of the PM House said that officials from all the provinces and other stakeholders would attend the conference.

 

He said,

 

“Chief Minister of Punjab Mian Shahbaz Sharif has nodded to host the national conference convened by PM Syed Yousuf Raza Gillani.”

 

Earlier, Sharif has warned to lead a public long march to capital city of Islamabad on not providing relief to people regarding continuous supply of electricity.

 

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The Scandal queen and famous Lollywood actress, Meera has awarded with Pakistan’s National Civil Pride of Performance Awards.

She has received the award due to her precious work in film industry.

President of Pakistan Asif Ali Zardari has handed over the award to Meera at the inauguration ceremony held at the Aiwan-e-Sadar.

President Asif Ali Zardari decorated 67 recipients of National Awards (Civil), including 5 foreign nationals. The President had approved 189 Pakistan Civil Awards on 14th August, 2011, with 9 approved as special cases after 14th August, 2011, who are awarded yesterday.

 

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The prize money for the upcoming KPT National Football Challenge Cup has been increased by the Pakistan Football Federation (PFF).

In this regard a special meeting was called by Makhdoom Syed Faisal Saleh Hayat at the FIFA Football House, said a press release.

See the list of increased prize money below:

 

For Winning team:

 

  • From Rs 150,000 to Rs 300,000

 

For runner-up:

  • From Rs 100,000 to 200,000,

 

Third position holder:

 

  • From 75000 to 100,000,

 

Fair play:

 

  • From 20,000 to 30,000,

 

Best goalkeeper:

 

  • From 10,000 to 20,000,

Best player of the challenge cup:

 

  • From 10,000 to 25,000

 

Maximum goal scorer:

 

  • From 10,000 to 20,000.

 

The federation also introduced the best referee award of Rs 20,000 and the best assistant referee of 10,000.

The announcement by the PFF president has been welcomed whole heartedly by the participating teams and football lovers all over the country. They feel that the increased prize money and incentives would be beneficial for the promotion of the game of football in Pakistan.

The KPT National Football Challenge Cup, to be played at Karachi’s KPT Football Stadium, kicks off from 10th March and concludes on 23rd March.

 

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Election Commission of Pakistan has finalized all arrangement for the voter verification via mobile SMS. Now the Eligible voters can verify the status of their votes in the new computerised voter lists.

This faculty will be active from 1st March, 2012 and the voters can verify the status of their by sending an SMS to 8300 via mobile phone from anywhere, anytime across the country, an official of the Election Commission of Pakistan (ECP) said. Pakistani Nationals will verify their name in new updated voter list for voting in general election to be held in this year (2012) or next year (2013).

How to check Vote status?

1)   Just write your CNIC number and send it to 8300

2)  Service charges are Rs. 2

The official of Election Commission of Pakistan (ECP) said that according to the per procedure, an adult person by just sending his Computerised National Identity Card (CNIC) number to 8300 will subsequently receive a message of around 160 characters in Urdu. It will have the name, village/city, tehsil and district of the particular voter, location (electoral area) and serial number of vote registered in the preliminary electoral rolls.

He further mentioned that to ensure the privacy and avoid misuse of the service the house number of voters will be kept confidential.

He said after the introduction of the new service, it would be the responsibility of every eligible voter to make sure that his/her vote had been registered and to report any discrepancy to the ECP.

Via DailyTimes