{"id":195284,"date":"2021-06-01T07:40:34","date_gmt":"2021-06-01T02:40:34","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=195284"},"modified":"2021-06-01T07:40:34","modified_gmt":"2021-06-01T02:40:34","slug":"senate-demands-loans-from-banks-for-balochistan-kp-industry","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/senate-demands-loans-from-banks-for-balochistan-kp-industry\/","title":{"rendered":"Senate demands loans from banks for Balochistan, KP industry"},"content":{"rendered":"<p>The Upper House of the Parliament has demanded the government to ensure lending of the commercial banks to the private sector for establishing industry in Balochistan and Khyber Pakhtunkhwa.<br \/>\nThe Senate resumed its session on Monday with Chairman Sadiq Sanjrani in the chair.<br \/>\nThe house passed a resolution that demanded the government to take immediate and result-oriented steps to ensure that the minimum lending of the commercial banks to the private sector for establishing industry and commercial activities in the provinces of Balochistan and Khyber Pakhtunkhwa is at par with those provinces\u2019 total deposits in the banks.<br \/>\nThe house also recommended the government either to introduce a new legislation or amend the present laws or regulations in this regard.<br \/>\nSpeaking on a motion, Senator Faisal Javed said that the government has decided not to increase electricity tariff in the upcoming budget. He regretted the previous governments entered into expensive agreements with the independent power producers (IPPs).<br \/>\nTaking the floor, Minister for Communications Murad Saeed said that provision of cheap electricity to consumers on a sustainable basis is the government\u2019s top priority. He said, \u201cUnder the renegotiated agreement with the IPPs, we will be able to save Rs700 billion.\u201d<br \/>\nHe said due to the untiring efforts of the government, circular debt is being reduced. He said the government plans to increase the share of renewable energy in total power generation. In this regard, ten new dams are being constructed.<br \/>\nTwo bills were introduced in the House. These include \u2018the Guardians and Wards (Amendment) Bill, 2021\u2019 and \u2018the Constitution (Amendment) Bill, 2021.\u2019 The bills were introduced by Senator Mohsin Raza and Senator Seemee Ezdi, respectively.<br \/>\nThe chair referred the bills to the standing committees concerned.<br \/>\nThe Senate unanimously passed a resolution recommending the government to take necessary steps for operating Pakistan International Airline (PIA), a state-owned airline, flights between Peshawar and Lahore on a regular basis.<br \/>\nIn another resolution, the house urged the government to take concrete steps for provision of internet services across the province of Balochistan.<br \/>\nThe house passed a resolution recommending that the government should initiate a review process through all ministries to update the ratio of female officers at senior positions in all the Government entities and institutions. It also recommended identifying the gaps in gender inequality at senior level positions indicating also the reasons for the lower number of female officers.<br \/>\nThe house further recommended that on the basis of the review action conducted by the relevant quarters the government should take immediate measures to increase the number of women officers at decision making positions and ensure their meaningful representation at all levels in the Federal Government entities or institutions. The house will now meet on Thursday at 3:30pm. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Upper House of the Parliament has demanded the government to ensure lending of the commercial banks to the private sector for establishing industry in Balochistan and Khyber Pakhtunkhwa. The Senate resumed its session on Monday with Chairman Sadiq Sanjrani in the chair. The house passed a resolution that demanded the government to take immediate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-195284","post","type-post","status-publish","format-standard","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Senate demands loans from banks for Balochistan, KP industry<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/senate-demands-loans-from-banks-for-balochistan-kp-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senate demands loans from banks for Balochistan, KP industry\" \/>\n<meta property=\"og:description\" content=\"The Upper House of the Parliament has demanded the government to ensure lending of the commercial banks to the private sector for establishing industry in Balochistan and Khyber Pakhtunkhwa. The Senate resumed its session on Monday with Chairman Sadiq Sanjrani in the chair. 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