Prime Minister Imran Khan calls on overseas Pakistanis to donate to dams fund

[Handshake]

cool. has anyone sent the money from the UK? IBAN is a long number. is it best to go to the branch of the bank or can it be done online?

You must visit bank and it would take a little time.

 

[Dash]

He was providing humanitarian help. Not Funds.

You Indians need to accept the hand of friendship else you will get danda.

Either this or that is synonymous with carrot and stick policy.

The better policy would be just “mind your own business” if the extension of friendship goes unanswered.

And emotional appeal doesn’t fetch buyers of practical world.

However IKs generosity does have buyers in India but your style? No.

 

[AZ1]

https://tribune.com.pk/story/1644005/2-number-3g-4g-users-reaches-49-5m-jan-2018/

We have 4 crore 3G and 4G Active users. Place 100 rupees on tax on 4 crore 3G and 4G active users and you will have how much for dam in each month?



1 Crore has 7 zeros and 1 Billion has 9.


40000000(Crore) x 100 = 4000000000 (4 Billions) rupees per month.

If we continue this tax for 12 months we will have

4x12 = 48 Billions rupees in 1 year.

I was reading that we need about 20% of the total amount of the dam that is some what 44 Billion rupees for 1 dam.

Please correct me if my calculation is wrong.

 

[Dash]

Most ridiculous way to collect fund. These type funds are collected to help people in distress, for natural calamity, for building mosque or temples or some religious activity etc. But these type projects(Dams) require bonds or some other type investment options where the investors are guaranteed some sort of returns....may be small interest. Otherwise donations will come, but it will very small to serve any purpose. or you can try to convert black money into white by offering some concessions. Everybody is miser...be it hard earned or through corrupt means.

But mind it, if you give donation as per IK....maximum percent will be pilfered with zero accountability.

Just like we have Infrastructure bonds.

Better that you guys create an infrastructure bond and ask people to invest in it. If it’s a Govt bond then people will come forward and invest. Create a stakeholder group and make them stakeholders and give devidends if you profit. It will be a long term solution but it’s an investment for life.

Just saying. No desire to interfere in your internal matters.

 

[war&peace]

I understand the spirit of donating to a fund to dam, but is it really the most efficient way to raise funds for infrastructure projects like this, especially as one as massive as building a dam? Wouldn't it be better to float a bond to fund such a project? The interest would be greater, and not just among the Pakistani diaspora, but foreign investors as well.

It has nothing to do with a Gangadeshis ...so you better

I think this is not a viable plan ,what we need is not donations infact we need proper financial discipline ,Already last Govt was able to pay 100 Billion Rs from our local resources ,I fear such policies dont work ,knowing the corruption in Pakistani bureaucracy level ,most of this money will not be well spent ,my two cents ,on side note DAMS are more important even if we have to cut defense budget

STFU...I never expected anything positive from you..observing you for that past two years at least and this proves that you are good for nothing...a result of malnutrition and failed family planning..

 

[Path-Finder]

https://tribune.com.pk/story/1644005/2-number-3g-4g-users-reaches-49-5m-jan-2018/

We have 4 crore 3G and 4G Active users. Place 100 rupees on tax on 4 crore 3G and 4G active users and you will have how much for dam in each month?



1 Crore has 7 zeros and 1 Billion has 9.


40000000(Crore) x 100 = 4000000000 (4 Billions) rupees per month.

If we continue this tax for 12 months we will have

4x12 = 48 Billions rupees in 1 year.

I was reading that we need about 20% of the total amount of the dam that is some what 44 Billion rupees for 1 dam.

Please correct me if my calculation is wrong.

You need to put a gun on the head of tooi and zardari and make them sign cheques. That is the fastest way.

 

[AZ1]

You need to put the gun on the head of tooi and zardari and make them sign cheques. That is the fastest way.

Why risking myself for this. Lets hire (Highly payable) someone else (Joke).

You know that can not happened and neither they care for issues. So we have to work other way around this issue.

 

[Path-Finder]

Why risking myself for this. Lets hire someone else.

get a punjab police officer and get him to do some chitrol. problem solved.

https://twitter.com/x/status/1038090954547388420

 

[Rank]

Apply tax on NATO SUPPLY!

 

[The Eagle]

Truth hurts... Why did he offered when Pakistan itself needs funds for a simple dam

Do you even understand the meaning of a simple humanitarian based help during a disaster? You have no idea the way Pakistanis donate in-case of any need. I can assure you from my experience that only Karachi city would have donated enough to help most of Kerala.

In this case, nation never donated before the way it is standing now because we had trust deficit issues especially with people like Nawaz & AAZ at large. You may remember when Modi asked for donations to help military in several domains. A bit of search of defence.pk will help you in this regard.

Most ridiculous way to collect fund. These type funds are collected to help people in distress, for natural calamity, for building mosque or temples or some religious activity etc. But these type projects(Dams) require bonds or some other type investment options where the investors are guaranteed some sort of returns....may be small interest. Otherwise donations will come, but it will very small to serve any purpose. or you can try to convert black money into white by offering some concessions. Everybody is miser...be it hard earned or through corrupt means.

But mind it, if you give donation as per IK....maximum percent will be pilfered with zero accountability.

You are looking at things from Indian prospective of return, benefit or personal interest. Here is Pakistan, if nation trusts the leader, much can be done through appeal as such. You have no idea how people here stands when it comes to motherland.

 

[Lincoln]

https://tribune.com.pk/story/1644005/2-number-3g-4g-users-reaches-49-5m-jan-2018/

We have 4 crore 3G and 4G Active users. Place 100 rupees on tax on 4 crore 3G and 4G active users and you will have how much for dam in each month?



1 Crore has 7 zeros and 1 Billion has 9.


40000000(Crore) x 100 = 4000000000 (4 Billions) rupees per month.

If we continue this tax for 12 months we will have

4x12 = 48 Billions rupees in 1 year.

I was reading that we need about 20% of the total amount of the dam that is some what 44 Billion rupees for 1 dam.

Please correct me if my calculation is wrong.

The current costs of the Diamer Basher dam are estimated to be 1450 billion rupees. So far, only 2 Billion rupees has been collected via the fund started by the Supreme Court of Pakistan. On a side note, The Pakistan Army has also donated amounts worth 1 month salaries of soldiers and 2 month salaries of generals and higher post officers.

According to this article by Dawn, https://www.dawn.com/news/842873/need-for-a-new-paradigm, which is simplified, Pakistan at moment has an estimated 65 million people who are desperately poor, 65 million people who come under the category of lower middle class, 25 million people in upper middle class and 15 million people under the Rich category. These are stats for 170 million people in Pakistan. So, you can deduct the people falling under category of Poor, leaving you with 105 million. It's not complete yet though, as per 2015 to 2017 estimates, 52.5% of the total population of Pakistan is in the age of 0 to 24, which although not necessary, you can consider to be not earning or able to donate. I could not find figures regarding financial status of the population divided under age demographics, so will have to assume that roughly 50% of the 105 million are within the age of 0 to 24. That leaves us with 52.5 million people.

Simple calculation tells us if only each person was to donate a sum of 27000 Rupees from the 52.5 million people, Pakistan would reach the sum of 1450 billion rupees. If the required sum is truly 20% (any source?) then we require 290 Billion Rupees, which means that each person of the 52.5 million people will have to donate Rs 5525.

Now, these are just rough estimates and dumps a lot of stuff that's need to be taken into consideration. Seemingly Rs 5525 per person seems a bit out of reality, many people have their own financial issues, some are simply not concerned, and many are unemployed, many simply are not aware. So, overall, even 20% funding of the dam through public donations seems practically near to impossible let alone completely funding it. The only way public funding will make a considerable and significant impact is if people who are capable of donating go above and beyond what is the bare minimum required of them, in this case Rs 5525 per person for 20% coverage.

In personal opinion, while it is great that such a programme is run to instil the feel of patriotism, and will help the people feel more proud and feel that they have added to a change when the project is initiated and when it is completed, not too much money should not be spent on campaigning for this public donations programme.

 

[AZ1]

The current costs of the Diamer Basher dam are estimated to be 1450 billion rupees. So far, only 2 Billion rupees has been collected via the fund started by the Supreme Court of Pakistan. On a side note, The Pakistan Army has also donated amounts worth 1 month salaries of soldiers and 2 month salaries of generals and higher post officers.

According to this article by Dawn, https://www.dawn.com/news/842873/need-for-a-new-paradigm, which is simplified, Pakistan at moment has an estimated 65 million people who are desperately poor, 65 million people who come under the category of lower middle class, 25 million people in upper middle class and 15 million people under the Rich category. These are stats for 170 million people in Pakistan. So, you can deduct the people falling under category of Poor, leaving you with 105 million. It's not complete yet though, as per 2015 to 2017 estimates, 52.5% of the total population of Pakistan is in the age of 0 to 24, which although not necessary, you can consider to be not earning or able to donate. I could not find figures regarding financial status of the population divided under age demographics, so will have to assume that roughly 50% of the 105 million are within the age of 0 to 24. That leaves us with 52.5 million people.

Simple calculation tells us if only each person was to donate a sum of 27000 Rupees from the 52.5 million people, Pakistan would reach the sum of 1450 billion rupees. If the required sum is truly 20% (any source?) then we require 290 Billion Rupees, which means that each person of the 52.5 million people will have to donate Rs 5525.

Now, these are just rough estimates and dumps a lot of stuff that's need to be taken into consideration. Seemingly Rs 5525 per person seems a bit out of reality, many people have their own financial issues, some are simply not concerned, and many are unemployed, many simply are not aware. So, overall, even 20% funding of the dam through public donations seems practically near to impossible let alone completely funding it. The only way public funding will make a considerable and significant impact is if people who are capable of donating go above and beyond what is the bare minimum required of them, in this case Rs 5525 per person for 20% coverage.

In personal opinion, while it is great that such a programme is run to instil the feel of patriotism, and will help the people feel more proud and feel that they have added to a change when the project is initiated and when it is completed, not too much money should not be spent on campaigning for this public donations programme.

290 Billion Rupees This is our target as you say.


Okay lets just assume we have 10 crore house with electricity.

We can place 1000 tax on every electricity bill for 3 month only.

100000000(10 crore) X 1000 x 3 =300000000000 (300 Billion rupees)

Now consider a least amount of family member 3 (Husband, Wife and a child). Each will have share of just 1,000 to have water in their lives. Don't you think it still a better way and 10 crore house is just an example. Electricity bills holders are way more than that and 3 Member of a family is just an example I am sure majority of the people in Pakistan have family more than 3 members. So it will be less than 1,000 to each person.

 

[Zulfiqar]

The current costs of the Diamer Basher dam are estimated to be 1450 billion rupees. So far, only 2 Billion rupees has been collected via the fund started by the Supreme Court of Pakistan. On a side note, The Pakistan Army has also donated amounts worth 1 month salaries of soldiers and 2 month salaries of generals and higher post officers.

According to this article by Dawn, https://www.dawn.com/news/842873/need-for-a-new-paradigm, which is simplified, Pakistan at moment has an estimated 65 million people who are desperately poor, 65 million people who come under the category of lower middle class, 25 million people in upper middle class and 15 million people under the Rich category. These are stats for 170 million people in Pakistan. So, you can deduct the people falling under category of Poor, leaving you with 105 million. It's not complete yet though, as per 2015 to 2017 estimates, 52.5% of the total population of Pakistan is in the age of 0 to 24, which although not necessary, you can consider to be not earning or able to donate. I could not find figures regarding financial status of the population divided under age demographics, so will have to assume that roughly 50% of the 105 million are within the age of 0 to 24. That leaves us with 52.5 million people.

Simple calculation tells us if only each person was to donate a sum of 27000 Rupees from the 52.5 million people, Pakistan would reach the sum of 1450 billion rupees. If the required sum is truly 20% (any source?) then we require 290 Billion Rupees, which means that each person of the 52.5 million people will have to donate Rs 5525.

Now, these are just rough estimates and dumps a lot of stuff that's need to be taken into consideration. Seemingly Rs 5525 per person seems a bit out of reality, many people have their own financial issues, some are simply not concerned, and many are unemployed, many simply are not aware. So, overall, even 20% funding of the dam through public donations seems practically near to impossible let alone completely funding it. The only way public funding will make a considerable and significant impact is if people who are capable of donating go above and beyond what is the bare minimum required of them, in this case Rs 5525 per person for 20% coverage.

In personal opinion, while it is great that such a programme is run to instil the feel of patriotism, and will help the people feel more proud and feel that they have added to a change when the project is initiated and when it is completed, not too much money should not be spent on campaigning for this public donations programme.

We need around PKR 550-600 B for the reservoir portion, the rest is for generating electricity.

The reservoir portion is a priority. 20-25% of equity for that means 120-150 B (@ 600 B) for collection over next 5 years i.e 24-30 B per year which is doable.

Current funds collected so far is PKR 1.9 B (since opening of account 2 months ago). This is PKR 1 B every month. We need to increase the rate to PKR 2-3 B every month (not accounting for inflation).

 

[Lincoln]

290 Billion Rupees This is our target as you say.


Okay lets just assume we have 10 crore house with electricity.

We can place 1000 tax on every electricity bill for 3 month only.

100000000(10 crore) X 1000 x 3 =300000000000

Now consider a least amount of family member 3 (Husband, Wife and a child). Each will have share of just 1,000 to have water in their lives. Don't you think it still a better way and 10 crore house is just an example. Electricity bills holders are way more than that and 3 Member of a family is just an example I am sure majority of the people in Pakistan have family more than 3 members. So it will be less than 1,000 to each person.

It's an unconventional method and what seems as a lesser amount to us with better financial statuses, it is a huge amount to the lower middle class families and the poor families. The way to go about running a public funding programme if you really want to force charges on people is to do it on a progressive model, use percentage instead of absolute numbers so that it is fair for people of all financial classes.

 

[Men in Green]

We need 1200 billion rupees to make 2 dams. Wapda CEO source Dunya news.
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