PROVINCIAL ASSEMBLY OF SINDH
FINANCE DEPARTMENT
LIST OF STARRED ASSEMBLY QUESTIONS AND ANSWERS FOR
TUESDAY THE 01ST MARCH, 2016.
*475. MS. HEER SOHO: Will the Minister for Finance be pleased to state:-
Date of establishing of Sindh Bank and names of coordinating sectors?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
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Incorporation/
license date
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Commencement of business date
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SECP
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October 29, 2010
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December 14, 2010
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SBP
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December 02, 2010
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December 24, 2010
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Coordinating Sector
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Finance Department Government of Sindh
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*476. MS. HEER SOHO: Will the Minister for Finance be pleased to state:-
Location-wise number of branches of Sindh Bank so far established in the province?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
The requisite information is as under:-
Location Branch Total
Sindh
(Karachi) Bahadurshah Zafar Market Branch, Karachi 01
Bufferzone Branch, Karachi 01
Clifton Branch, Karachi 01
Cloth Market Branch, Karachi 01
Court Road Branch, Karachi 01
D.H.A. 26th Street Branch, Karachi 01
D.H.A. Phase-IV Branch, Karachi 01
Dhorajee Colony Branch, Karachi 01
Garden East Branch, Karachi 01
Gizri Clifton Branch, Karachi 01
Gole Market Nazimabad Branch, Karachi 01
Gulistan-e-Johar Branch, Karachi 01
Gulshan-e-Hadeed Branch, Karachi 01
Gulshan-e-Iqbal Branch, Karachi 01
Gulshan-e-Iqbal, University Road Branch, 01
Karachi
Gulshan-e-Maymar Branch, Karachi 01
Hyderi Branch, Karachi 01
I. I. Chundrigar Road Branch, Karachi 01
Jamshed Quarter Branch, Karachi 01
Jodia Bazar Branch, Karachi 01
Karachi Administration Society Branch 01
Khayaban-e-Ittehad Branch, Karachi 01
Korangi Industrial Area Branch, Karachi 01
Landhi Branch, Karachi 01
Lea Market Branch, Karachi 01
Liaquatabad Branch, Karachi 01
M.A. Jinnah Road Branch, Karachi 01
Malir Cantt. Branch, Karachi 01
Memon Goth Branch, Karachi 01
Metroville (SITE) Branch, Karachi 01
Mohammad Ali Society Branch, Karachi 01
New Challi Branch, Karachi 01
New Karachi Branch 01
North Karachi Industrial Area Branch 01
North Napier Road Branch, Karachi 01
P.I.B. Colony Branch, Karachi 01
Paper Market Branch, Karachi 01
S.I.T.E. Branch, Karachi 01
Saddar Branch, Karachi 01
Shaheed-e-Millat Road Branch, Karachi 01
Shahrah-e-Faisal Branch, Karachi 01
Shershah Branch, Karachi 01
Sindh Secretariat, Karachi (Sub Branch) 01
Sir Syed Medical College, Karachi 01
(Sub Branch)
Sohrab Goth Branch, Karachi 01
Stock Exchange Branch, Karachi 01
Tariq Road Branch, Karachi 01
Timber Market Branch, Karachi 01
Water Pump Branch, Karachi 01
West Wharf Branch, Karachi 01
Sindh (Karachi) Total 50
Sindh
(Hyderabad) Latifabad Branch, Hyderabad 01
Qasimabad Branch, Hyderabad 01
Saddar Cantt. Branch, Hyderabad 01
Sindh (Hyderabad) Total 03
Sindh
(Rural) Badin Branch 01
Bawani Sugar Mills (Sub-Branch) 01
Bhan Saeedabad Branch, District Jamshoro 01
Dadu Branch 01
Dadu Sugar Mills Branch (Sub-Branch) 01
Daharki Branch, District Ghotki 01
Gambat Branch 01
Ghotki Branch 01
Hala Branch 01
Jacobabad Branch 01
Kandkhot Branch 01
Kashmore Branch 01
Khairpur Branch 01
Khoski Sugar Mills (Sub Branch) 01
Kotri Branch 01
Kunri Branch 01
Larkana Branch 01
Matiari Branch 01
Mehar Branch 01
Mirpur Mathelo Branch 01
Mirpurkhas Branch 01
Mithi Branch 01
Moro Branch 01
Naudero Branch 01
Naushahro Feroz Branch 01
Pano Aqil Branch 01
Qambar Branch 01
Qamber Shahdadkot Branch 01
Ratodero Branch 01
Rohri Branch 01
Sajawal Branch, District Thatta 01
Sanghar Branch 01
Sehwan Branch 01
Shahdadpur Branch 01
Shaheed Benazirabad Branch 01
Shikarpur Branch 01
Shikarpur Rice (Sub Branch) 01
Sukkur Branch 01
Tando Adam Branch 01
Tando Allayar Branch 01
Tando Allahyar Sugar Mills (Sub Branch) 01
Tando Muhammad Khan Branch 01
Thatta Branch 01
Thatta Cement (Sub-Branch) 01
Thul Branch 01
Umerkot Branch 01
Sindh (Rural) Total 46
Grand Total 99
*1057. MS. HEER SOHO: Will the Minister for Finance be pleased to state:-
(a) Is it a fact that only Rs. 3.09 billion were released out of Rs. 25.89 billion allocated for the schemes running in the province under Federal Development Program during 2009-10;
(b) If answer to (a) above is affirmative, the reasons thereof?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
(a) No, it is not correct that only Rs. 3.09 billion were released out of Rs. 25.89 billion allocated for the schemes running in province under Federal Development Program during 2009-10.
(b) Not applicable.
*1904. MS. NUSRAT SEHER ABBASI: Will the Minister for Finance be pleased to state:-
(a) Is it a fact that micro credit loans provided to 33000 women at union council level in district Shikarpur and Kashmore during 2009-10;
(b) If answer to (a) above is affirmative, the details thereof?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
With the approval of the Chief Minister, Sindh Union Council Based Poverty Reduction Program was launched as a pilot project in districts Shikarpur and Kashmore@Kandhkot. The Project was approved as non-ADP (2008-2009) scheme funded through Sindh Social Relief Fund.
The overarching objectives of this program was to reduce poverty, improve the quality of life of the poor and marginalized communities.
The main beneficiaries of the interventions of the Program were the poorest women indentified through World Bank recognized Poverty Score Card. As such no loans is given under term “micro credit”. However similar arrangement of no interest loan termed as Community Investment (CIF) is given. Moreover the poorest of poor women are also given Income Generating Grants (IGG) which are disbursed through community organization. The details of CIF and IGG are given as under:-
IGG:- Is a cash grant amounting to Rs. 12000/- given to those women who were extremely poor as per poverty score card.
CIF:- Is an interest free loan given to poor women with amount varies from Rs. 12000 to Rs. 20,000/- as per case based on poverty level.
The details of CIF and IGG disbursed in 2009 and 2010 is given as under:
Name of Intervention
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2009
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2010
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Total No. of Beneficiaries district Shikarpur and Kashmore @ Kandhkot
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IGG
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---
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2661
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2661
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CIF
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4982
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30612
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35594
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*3538. MS. NUSRAT SEHER ABBASI: Will the Minister for Finance be pleased to state:-
(a) Is it a fact that after 18th amendment the powers to collect capital value tax have been devolved to the provinces;
(b) If answer to (a) above is affirmative, amount of the same collected by Sindh as yet?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
(a) Yes. It has been devolved through 18th amendment but only for the immovable property. The C.V.T on movable property is still with the Federal Government.
(b) Year wise collection of Capital Value Tax (CVT) collection of Government of Sindh is shown as under:
(Rs. In Million)
2010-11
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2011-12
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2012-13
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2013-14
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2014-15
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1,907.445
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2,379.373
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2,146.272
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2,152.257
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2,506.701
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*3825. MR. KHAWAJA IZHAR UL HASSAN: Will the Minister for Finance be pleased to state:-
(a) Is it a fact that government issued notification/instruction to different Sindh Government departments to shift their savings/current accounts to Sindh Bank;
(b) If answer to (a) above is affirmative, the details & reasons thereof?
ANSWER
SYED MURAD ALI SHAH, Minister for Finance:
(a) Yes.
(b) Sindh Bank Limited is wholly owned by Government of Sindh. It is fully equipped to service the entire banking needs of any governmental or private sector client and has an extensive network across not just in the province of Sindh but also across other provinces of Pakistan. Secondly other banks are not willing to offer such personalized service or attention to GoS accounts.
Furthermore, there are several special schemes and initiative like distribution of Zakat through ATM cards to thousand of beneficiaries across the province that the Sindh Bank is managing without extra consideration, as a matter of support to GoS. Sindh Bank is also facilitating Benazir Income Support Program since April 2012. Sindh Bank has so far established 137 branches (out of total of 225 branches) in the province including 72 in the Interior Sindh, many of which are at remote locations. The decision to shift banking needs from other banks to Sindh Bank is because other banks were not able to cater the requirements of GoS as stated above.
Karachi:- G. M. Umar Farooq
the 29th February, 2016. Secretary
Provincial Assembly of Sindh.
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