A Plan for 10 Million Jobs and Eradication of Corruption
By Dr AamirA. Farooqui & Saima A. Farooqui
Elk Grove, CA
1. Convert paper currency to plastic money or e-Wallet
This single step will enable all the masses to get into the habit of banking. It will expose hidden black money, prevent bribery, and keep money and personal property from being stolen.
This idea can improve the future of those living in poverty by allowing them to get into the mainstream and start financial planning; they can get enough credit to run a business. Women will be able to earn and save their money with the use of a bank account. The e-Wallet transforms the phone into a mobile wallet.
Through this, people are given the option to send money via text messaging, make purchases, or even settle utility bills. The e-Wallet has been very successful in corrupt countries, such as, Kenya, Afghanistan and India.
This transformation can be implemented as listed below:
• Gradually move towards the adoption of plastic over paper money model. This process
can be jointly funded by private sector: banks, cell phone companies, credit cardcompanies, charity organizations like Gates Foundation or Google/Apple Funding or
Countries to stop terrorism.
• E-payment systems can be implemented in the first phase of this conversion process,where all tax, utility bills are processed and paid online. All government employees willbe paid through online payroll systems.
• By doing so, all transactions will become transparent, reducing the chances ofcorruption and terrorism. Ghost employees that do not exist but still get paid, will get
caught immediately.
• Pakistan can follow neighboring Afghanistan's “M-Pesa” example to curb corruption atmajor government institutions. Telenor's “easypaisa” is an excellent example of thismodel currently available in private sector only.
• Adopting Block-chain, artificial intelligence, and/or face and finger print recognitiontechnologies will ensure financial Transaction security. These will be provided throughsecured 5G networks and cell phones.
• This initiative will consequently lead to workforce training and employmentgeneration funded by private sectors. Several college/inter graduates can do data
entry and provide customer support for banks. Those with some background intechnology can be trained to build and support IT networks. This training andemployment process can later be spread to major cities first and remote areas inlater phases. After 3-5 years the use of paper currency should be completelystopped.
• It is important to create laws for banks not to charge any transaction fees and highinterest rates on these transactions. Simultaneously, the government should offer lowGST on the transactions made electronically, in order to attract people to use electronicpayment systems.
• In order to reduce the complexity of the system (money tracking) the government shouldallow only one person, one identity, one fingerprint, ONE bank account formula.
• This will increase the tax payment and offer micro financing.
• Develop bankruptcy laws, so that no one default on loans and get more loans.
2. Smart Agriculture
◦ Introduce smart agriculture techniques by utilizing new agricultural research. The usage ofdrip irrigation instead of flood irrigation can conserve water and regulate salts. Precisionfertilizers can help improve crop yield.
◦ Import new varieties of genetically modified seeds suitable for low quality soils. Setup newlabs to develop GMO seeds.
◦ Besides the production of only cotton, rice, or wheat, initiatives should be taken for growinghigh value crops such as specialty fruits and dry fruits. California Mejdool Dates, TangoMandarin, Washington Navel Orange, Kara Kara Orange, Nectarines (instead of Peaches),all fall into this category. High quality mushrooms can be grown at home scale.
◦ Adopt high-density farming techniques by planting 300 to 600 trees per acre and usepruning and training of small trees. This is very useful for increasing crop yield,especiallyof mangoes.
◦ Setup new nurseries and use tissue culture to propagate tree varieties.
◦ Moringa is a very useful tree (considered as a super food), ideal for Pakistan marginal soils.
◦ Perform a thorough geological survey of Pakistan and make it available on the Internet.
◦ Establish dairy farming industry on scientific grounds, import cows and goats from the USAand Australia. Pasteurize milk and milk products.
◦ Allow private sector to establish fruit packing houses for export. Develop trade ties withChina and India and leverage their big consumer markets.
3. Tap Renewable Energy Resources
It is essential that Pakistan shift its focus to smaller power generation projects instead of largecentralized projects. The transmission of electricity is expensive and transmission losses are higher.
Small projects can be started with minimum capital, are easier to manage and prevent loss in
transmission.
Allow private sector (whoever can invest Rs 50 lacs) to harness renewable energy resources like build
small dams, solar farms, and tidal power plants and then sell electricity and share the income with the government (or simply lease water resources or water rights to private sector). Use cheap electricity to establish world-class data centers for cloud computing and meet Pakistan's growing networking and Internet needs.
Using all these forms of energies, establish small-scale water desalination plants throughout Pakistan for desalination of sea and well water.
Solar power
• Setup small localized solar power farms (instead of large solar farms) to provideelectricity to rural desert areas where there is no electricity. Solar farms can also bringpower to large residential areas and reduce load shedding.
Tidal power
• Tidal power or tidal energy is a form of hydropower that converts the energy obtainedfrom tides into useful forms of power, mainly electricity. Although not yet widely used,tidal energy has potential for future electricity generation. Tides are more predictablethan the wind and the sun and beneficial for coastal areas.
Wind Energy
• Wind power is the ability to make electricity using the air flows that occur naturally inthe earth’s atmosphere. The wind speed in parts of Sindh is two times more than thewind speed at Altamont Pass, CA, which is generating electricity for the entireSacramento, CA area. Gharo-Jhimpir (Sindh) wind corridor offers high potential for
cheap electricity generation.
Build small dams
• Follow the teachings of the Qur’an (Surah Kahaf) on how to build dams using thick ironsheets and protect the environment.
• Establish trout fish farms on small dams to generate income.
4. Women Education and Empowerment
• Educate women about how to maintain finances, get a bank account and work on abudget.
• Empower women to start their own small businesses.
• Offer flexible work hours and maternity leaves to women as incentives to join theworkforce.
5. Youth Programs for Skill based Training
• Offer certificate programs to youth to learn skills like carpentry, woodwork, furnituremaking, lathe work, house construction, plumbing, electrical work, etc. to earn a living.
• Offer technical programs like computer programming, data entry, graphic designing andanimation at subsidized rates to all college going youth.
6. Lease PM and Governor Houses
It was a very good decision by Imran Khan not to use the PM House. In order to recover the cost of these white elephants, lease these houses through transparent internet auctions to big hotel chains, get enough deposit money to build universities or colleges, and then run the universities and colleges through lease payments (self-sufficient) instead of paying through government money.
7. Control Extravaganza on Marriages
Following the Indian culture, it is now a matter of pride for parents to spend millions of rupees on marriages. Many girls cannot marry because they do not have money to afford a meal. Impose heavy taxes on marriage expenses (calculated based on number of guests, collected by the hotels or caterers) and create a fund to use this tax money to support needy marriages.
(Dr Aamir A. Farooqui is a renowned innovator in the field of computer architecture, poweroptimizations, and artificial intelligence. He holds several invention patents and won the first prize in Mountain View App challenge for designing water conservation project. He is an expert in establishing successful multi-million businesses and startups.Saima A. Farooqui is a software engineer at a leading multi-national company. She has won accolades for her work that included multiple excellence and spotlight awards)
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