Islamabad, Sep 15: Pakistan Prime Minister Shehbaz Sharif has presented a bleak picture of the country's dwindling economy, regretting that even friendly countries have started looking at Pakistan as one that was always begging for money.
Today, when we go to any friendly country or make a phone call, they think that we have come [to them] to beg for money, Dawn news quoted the prime minister as saying in an address to a lawyers' convention on Wednesday.
Sharif said even small economies have surpassed Pakistan, and we have been wandering for the past 75 years carrying a begging bowl .
According to Sharif, Pakistan's economy was facing a "challenging situation" even before the floods, which had made it more "complicated".
He said Pakistan was on the verge of "economic default" when he assumed power in April, following the ouster of then prime minister Imran Khan, and the coalition government had saved the country from default through its hard work.
He added that the coalition government led by him controlled to some extent" the economic instability in the cash-strapped nation.
Admitting that inflation was "at its peak" when he took charge, the premier indirectly blamed the previous Pakistan Tehreek-e-Insaf (PTI) government for this situation in the country.
Sharif alleged that the previous rulers had violated the agreement with the International Monetary Fund (IMF), compelling the incumbent government to agree on tough conditions.
The IMF had even threatened withdrawal of its programme if the agreed conditions were not met, he added.
The IMF on August 29 approved a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion.
The IMF move followed the completion of the USD 4 billion in bilateral financing from four friendly nations, including China.
The prime minister also warned of a possible gas crisis in the coming winter, stating that he had been struggling to arrange gas before the advent of the winter season.
He said the rains and floods had played unprecedented havoc in the country, adding that such climate-induced catastrophe had perhaps not been witnessed anywhere in the world, according to the Dawn report.
The cash-strapped nation has been struggling with the worst floods in the past 30 years, leaving more than 1,400 dead and 33 million people affected since early June.
A third of the country is submerged in water and one in every seven persons is badly affected by the floods that have led to an estimated USD 12 billion in losses that have left about 78,000 square kilometres (21 million acres) of crops under water.
The UN said that USD 150 million have been pledged so far in response to flash appeals for Pakistan's flood victims but only USD 38 million has been converted into assistance.
While several countries have come forward to provide aid to Pakistan in such a crisis, Pakistan and the UN had launched a flash appeal for USD 160 million in initial funding out of which USD 150 million has been pledged.
United Nations Resident and Humanitarian Coordinator Julien Harneis said the United States, Canada, United Kingdom, Japan, Denmark, Australia, Singapore, and others were the main donors besides the Central Emergency Response Fund of the United Nations, which raised USD 10 million.
Meanwhile, the Nepalese government Wednesday sent humanitarian relief materials to Pakistan to support the flood-affected people. The Nepal Airlines chartered flight carried food items, medicines, and garments apart from other household items.
Canada on Wednesday announced an additional USD 25 million of funding in humanitarian assistance to support Pakistan in this difficult time.
An official statement said the new allocation was in addition to the USD 5 million announced last month and added that Canada would continue to provide food, clean water, and other essential services through trusted partners.
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New Delhi: A bill to set up a 13-member body to regulate institutions of higher education was introduced in the Lok Sabha on Monday.
Union Education Minister Dharmendra Pradhan introduced the Viksit Bharat Shiksha Adhishthan Bill, which seeks to establish an overarching higher education commission along with three councils for regulation, accreditation, and ensuring academic standards for universities and higher education institutions in India.
Meanwhile, the move drew strong opposition, with members warning that it could weaken institutional autonomy and result in excessive centralisation of higher education in India.
The Viksit Bharat Shiksha Adhishthan Bill, 2025, earlier known as the Higher Education Council of India (HECI) Bill, has been introduced in line with the National Education Policy (NEP) 2020.
The proposed legislation seeks to merge three existing regulatory bodies, the University Grants Commission (UGC), the All India Council for Technical Education (AICTE), and the National Council for Teacher Education (NCTE), into a single unified body called the Viksit Bharat Shiksha Adhishthan.
At present, the UGC regulates non-technical higher education institutions, the AICTE oversees technical education, and the NCTE governs teacher education in India.
Under the proposed framework, the new commission will function through three separate councils responsible for regulation, accreditation, and the maintenance of academic standards across universities and higher education institutions in the country.
According to the Bill, the present challenges faced by higher educational institutions due to the multiplicity of regulators having non-harmonised regulatory approval protocols will be done away with.
The higher education commission, which will be headed by a chairperson appointed by the President of India, will cover all central universities and colleges under it, institutes of national importance functioning under the administrative purview of the Ministry of Education, including IITs, NITs, IISc, IISERs, IIMs, and IIITs.
At present, IITs and IIMs are not regulated by the University Grants Commission (UGC).
Government to refer bill to JPC; Oppn slams it
The government has expressed its willingness to refer it to a joint committee after several members of the Lok Sabha expressed strong opposition to the Bill, stating that they were not given time to study its provisions.
Responding to the opposition, Parliamentary Affairs Minister Kiren Rijiju said the government intends to refer the Bill to a Joint Parliamentary Committee (JPC) for detailed examination.
Congress Lok Sabha MP Manish Tewari warned that the Bill could result in “excessive centralisation” of higher education. He argued that the proposed law violates the constitutional division of legislative powers between the Union and the states.
According to him, the Bill goes beyond setting academic standards and intrudes into areas such as administration, affiliation, and the establishment and closure of university campuses. These matters, he said, fall under Entry 25 of the Concurrent List and Entry 32 of the State List, which cover the incorporation and regulation of state universities.
Tewari further stated that the Bill suffers from “excessive delegation of legislative power” to the proposed commission. He pointed out that crucial aspects such as accreditation frameworks, degree-granting powers, penalties, institutional autonomy, and even the supersession of institutions are left to be decided through rules, regulations, and executive directions. He argued that this amounts to a violation of established constitutional principles governing delegated legislation.
Under the Bill, the regulatory council will have the power to impose heavy penalties on higher education institutions for violating provisions of the Act or related rules. Penalties range from ₹10 lakh to ₹75 lakh for repeated violations, while establishing an institution without approval from the commission or the state government could attract a fine of up to ₹2 crore.
Concerns were also raised by members from southern states over the Hindi nomenclature of the Bill. N.K. Premachandran, an MP from the Revolutionary Socialist Party representing Kollam in Kerala, said even the name of the Bill was difficult to pronounce.
He pointed out that under Article 348 of the Constitution, the text of any Bill introduced in Parliament must be in English unless Parliament decides otherwise.
DMK MP T.M. Selvaganapathy also criticised the government for naming laws and schemes only in Hindi. He said the Constitution clearly mandates that the nomenclature of a Bill should be in English so that citizens across the country can understand its intent.
Congress MP S. Jothimani from Tamil Nadu’s Karur constituency described the Bill as another attempt to impose Hindi and termed it “an attack on federalism.”
