Fourth Year completed, by all means there will be elections in next 10-12 months provided some self-righteous kind of people do not push and help implementing an un-elected technocratic setup!!!
The prime area of concern for the newly elected govt should be as follows:
- Economy
The inflation is double digit figure in Pakistan from last 4/5 years, first thing first, in order to provide relief to the people of Pakistan, the newly elected govt should do the following to provide a quick relief and long-term stability to the economic condition of Pakistan:
a) Bring the Interest rate to single digit in first year and gradually bring it down to 4-5%.
b) Reduce the price of diesel, currently govt is making some Rs 35+/per litre on it, diesel prices should cut down by Rs: 30 / liter and should introduce a law by which the margin on the same should not exceed by Rs 5/liter. From 2nd year onwards, bring the price of kerosine oil, and Petrol to the realistic figures.
c) Income tax to everyone who have an yearly income above Rs 350,000, in order to eliminate corruption, introduce a flat rate applicable to all, once the culture develops, change it accordingly, this income tax should be applicable to all the sectors including agriculture.
- Power & Energy
a short term and long-term strategy to be implemented in this sector, the primary aim should be to provide cheapest electricity to all.
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Small RUN-OF-RIVER projects, these projects can be completed in 3-4 years and can provide Pakistan with 5000-6000 MW.
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Wind, Solar projects are only successful if the machinery / panels are produced locally, otherwise these projects can be more expensive then current fossil fuel power projects. So the govt should provide incentives to the business men to set up factories manufacturing the wind machines and solar panels. The solar panel is hut-industry in Bangladesh and in some parts of India… provide incentive and get some alternate source of energy for the remote and rural areas of Pakistan.
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Invest in the Hydro-Power sector of Tajikistan, the country have potential to produce up to 72000MW of Hydro energy and govt to date is inviting investors in this sector. Pakistan have already signed Power Purchase Agreement with Tajik Govt but the problem is, Tajik govt does not produce enough to satisfy local demand. Few Pakistani companies are there more need to be encouraged.
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In the long run, convert AC to DC, i know it is an expensive project but in the long run, this conversion will bring the current line-losses from 25-30% to 5-7%…
Agriculture & Livestock
In next decade the food and food processing industry is going to be the one key element economic development through out the globe, unfortunately, like other sectors, this sector has been neglected by almost all the govts. the next should prioritize this sector which is 50 or 60% of Pakistani economy. Below are the main areas Govt should focus:
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Food Processing Industry should be given prime focus and incentives should be given to them, this industry alone can employ almost 40% of the unemployed ( both semi-skilled and un-skilled labor) of the Pakistan not only bringing the unemployment rate down but also bringing important foreign exchange with it.
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The agriculture business, such harvesting etc should be given the status of Industry and Govt of Pakistan should focus on getting heavy yield, by both increasing the land area and by using latest bio-technology and other latest related industrial tools.
If govt works on this sector and provide the incentives it provides to the other industrial sector, it can increase the net out-put and exports for the country, remember next ten years, the many of the traditional products might get replaced by the newer one or may have less demand considering the global economic situation. The only way to increase the export bill is either to have high tech products ( which is only possible for Pakistan in next 10 -15 years if worked seriously and continuously) or the have basic necessities such as food.
Infra-Structure
Last not least, the govt should invest heavily in the infrastructure projects, laying new railway lines, speedy rail network and better roads linking all the major cities to each other directly should be the task the govt will have in its hand.
Political Front
Make FATA a province, having its own provincial assembly and quota in the Senate. ( rest of the provinces are not as easy as it is being said)
If elected govt can work on above, the next one can take things forward from there…
PS: above is not matter of national security, hence not a secret, would be good if more parties can take piece from above and do something about it…