48353 New Companies Registered in 30 months of PTI govt vs 88701 in previous 71 Years

[War Thunder]

48353 New companies have been registered in the last 30 months, compared to 88701 companies that existed before PTI took over.
99% of these new Companies have registered online.
30% were registered on the first day of filing the application.

 

[Salman Baig]

Hardly any job available in market for graduates and over. Those companies are registered probably for tax filling purpose and receive incentives which govt offered.

 

[Mav3rick]

Hardly any job available in market for graduates and over. Those companies are registered probably for tax filling purpose and receive incentives which govt offered.

Actually, there are FATF related requirements which we need to fulfill and these registrations are either directly or indirectly linked to FATF matters otherwise nobody cares, really.

 

[N.Siddiqui]

Facilitation at the SECP, and FBR, online registration of companies and ease of doing registration at SECP.

Formal economy will have exponential growth.

Khata hai khilata bhi hai gone...
Aik zardari sab pey bhari is gone.

 

[War Thunder]

Hardly any job available in market for graduates and over. Those companies are registered probably for tax filling purpose and receive incentives which govt offered.

The job availability gap won't fill in a decade, let alone in a year or two.
I have seen and interacted with many new companies and how they are innovating and finding ways to make money.

Export Left Overs is one of them.

You guys need to take a chill pill and think of ideas that can make you money outside of a "job slavery".

Actually, there are FATF related requirements which we need to fulfill and these registrations are either directly or indirectly linked to FATF matters otherwise nobody cares, really.

If you were not a bit too high on N league drugs, you might actually be able to see the difference in the economy. But then again, you folk get fooled by every cheap churan you are sold by your mariam bibi & co.

but then again, if you had brains you won't be following the thug mafia in the first place.

 

[N.Siddiqui]

Also the formal GDP which is shown at the lower side will increase in coming days.

Current 285 billion USD GDP hardly shows the actual economy which is twice that size.

 

[War Thunder]

Facilitation at the SECP, and FBR, online registration of companies and ease of doing registration at SECP.

Formal economy will have exponential growth.

Khata hai khilata bhi hai gone...
Aik zardari sab pey bhari is gone.

I remember when I was a kid, one of our relatives tried hard to establish a factory and even invested in a machine that even the Nuke control fellas from Kahuta wanted to have a look at.
But after several years of having to go to this department and that department and facing electric disconnections and other issues for not paying bribes, his whole investment idea was gone and he just left all to rot. Then he died and all of the left overs were taken over by his family and destroyed.

I happened to be there with them in one of their visits to a government office. Was hell for anyone thinking good for their country and trying to bring investment.

Glad, something has finally changed and registration of a company is just a few mouse clicks away.

 

[N.Siddiqui]

48353 New companies have been registered in the last 30 months, compared to 88701 companies that existed before PTI took over.
99% of these new Companies have registered online.
30% were registered on the first day of filing the application.

48353 companies in thirty months is a huge increase, unprecedented earlier.

Shows the business sentiment and entrepreneurs belief and confidence.

 

[N.Siddiqui]

I happened to be there with them in one of their visits to a government office. Was hell for anyone thinking good for their country and trying to bring investment.

Glad, something has finally changed and registration of a company is just a few mouse clicks away.

As PM IK has said many times fish rots from the top, if there is system of commission and omission prevailing, even the best institutions cannot be said to be fully corruption free. Now with the change at the top and continuous efforts of rooting out nepotism and corruption, things seems to be improving.

It's an uphill task for sure.

 

[Enigma SIG]

Hardly any job available in market for graduates and over. Those companies are registered probably for tax filling purpose and receive incentives which govt offered.

IT companies are booming along with the textile industry.

 

[Bossman]

It’s also geographical. There is labor shortage in places like Sialkot and Faisalabad. A person with a simple BA degree has little skills to offer to the market place. They should reinvent themselves and develop more relevant skills or start small businesses.

 

[War Thunder]

It’s also geographical. There is labor shortage in places like Sialkot and Faisalabad. A person with a simple BA degree has little skills to offer to the market place. They should reinvent themselves and develop more relevant skills or start small businesses.

Not to forget more and more parents are still busy trying to make an engineer or doctor out of their children and if not that then every one is running after commerce, business administration or accounting.
None of this is very relevant in the modern times, specially when you compare with the market demands.
People with technical skills and expertise are needed more often and we are still producing people who will eventually be good at being clerks or salesmen/ delivery boys.

People should go after acquiring skills and not some random degree. A person who might never have been to school is more successful at being an entrepreneur than some one who has gone through the indoctrination for 16 or more years.

And I'm saying this being some one who hires for my department and goes through several Resumes.