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Some uplifting news: Remember this @eosmagazine cover story back in March? Fahim Zaman had argued that the Karachi Circular Railway could be revived for under Rs 30b rather than the Rs 300b being projected by the govt. dawn.com/news/1540874
The huge cost was the main reason the KCR plan has been in the doldrums for so long. Well, it looks like someone finally took notice. A number of federal and provincial govt officials called and listened to Fahim’s pov. And now this news brecorder.com/news/1003327
The new plan brings down the cost (minus the trains) to Rs. 8.31b. Add in the cost of locally manufactured trains and cost still stays below Rs 15b. The financing will now be done from Pak’s own resources rather than from expensive foreign loans, which make such projects too...>
...expensive to run for consumers as well.

It’s great news bec, aside from making the mass transport system possible, it makes clear that, once in a while, informed journalism *can* make a difference.
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Hasan Zaidi
@hyzaidi
If any further proof were needed of this PTI government’s economic incompetence, it was brought out in @GeoASKKS - which ran the claimed vs actual growth figures for the last 7 years.
Whereas since 2013, the claimed vs actual growth figures varied at most by 3-5% - sometimes actual were in fact more than the initial govt claims - in PTI’s first year (2018-2019), the actual figures have turned out to be 42% (!!!) less than what the govt had claimed.
Not only has the National Accounts Committee revised the growth figures for 2018-19 from the 3.3% claimed earlier by the govt to 1.9%, it has also endorsed the PMLN’s claims of growth being 5.5% in 2017.
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Hasan Zaidi
@hyzaidi
@omarali50 @shakirhusain @XilleIlahi @vjgtweets @mazdaki @Ziyad_F @microMAF @odysseuslahori @saeedma08417161 So if I may, my take is that it was a combination of factors but the rot had begun to set in after the banning of films from Bollywood in 1960s. This protectionism helped Lollywood initially but also set in motion the charba (plagiarism) culture and lack of competition ...>
@omarali50 @shakirhusain @XilleIlahi @vjgtweets @mazdaki @Ziyad_F @microMAF @odysseuslahori @saeedma08417161 ...eventually became our undoing. The second huge blow was the secession of East Pak, which deprived us of a huge market and very talented filmmakers. Then came the tech revolution brought by the advent of home videos. This was a major challenge for cinema everywhere but...>
@omarali50 @shakirhusain @XilleIlahi @vjgtweets @mazdaki @Ziyad_F @microMAF @odysseuslahori @saeedma08417161 ...while cinema around the world rose to the challenge (trying to making films more of a cinematic experience), we were hobbled at the same time by Zia’s antipathy to film (harsh censors, lack of support, marginalisation of filmmakers as a ‘bunch of fornicators’) and the...>
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Hasan Zaidi
@hyzaidi
Khalid Mahmood of Getz Pharma may have created one of the most important stratified random data sets of coronavirus spread by testing all the employees in his factory. So far the company has tested about 1,000 of its 1,650 employees at all levels. The remaining ...>
...will be tested in the next day or two. The results so far show that 7% of the 1000 employees tested so far were infected. But many of them were asymptomatic. Those testing positive have been told to isolate and the company is carrying out an aggressive contact tracing...>
...policy too, moving to test the families as well. This is probably the largest such data set available in Pakistan so far and has required shutting down production for a week, plus will involve retesting negatives again within 5 days.

While I’m not sure if the results can...>
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