{"id":65624,"date":"2025-02-16T15:14:31","date_gmt":"2025-02-16T10:14:31","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=65624"},"modified":"2025-02-16T15:14:31","modified_gmt":"2025-02-16T10:14:31","slug":"gb-cm-gulbar-khan-demands-inclusion-in-nfc-award","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/gb-cm-gulbar-khan-demands-inclusion-in-nfc-award\/","title":{"rendered":"GB CM Gulbar Khan demands inclusion in NFC Award"},"content":{"rendered":"

GILGIT BALTISTAN: Gilgit-Baltistan <\/span>Chief Minister\u00a0<\/span><\/a>Haji Gulbar Khan has\u00a0<\/span>strongly<\/span>\u00a0<\/span>demanded<\/span>\u00a0<\/span>that<\/span>\u00a0<\/span>the GB region must <\/span>be\u00a0<\/span>added<\/span>\u00a0<\/span>to<\/span>\u00a0the National Finance Commission (NFC) Award. <\/span><\/p>\n

Gulbar Khan states <\/span>that the region\u00a0<\/span>must<\/span>\u00a0<\/span>be<\/span>\u00a0<\/span>given\u00a0<\/span>a\u00a0<\/span>substantial<\/span> share of the budget under the NFC Award<\/a>, which would make <\/span>it\u00a0<\/span>self-sufficient and not\u00a0<\/span>dependent<\/span>\u00a0on subsidies.\u00a0<\/span><\/p>\n

At<\/span>\u00a0a news conference, Haji Gulbar\u00a0<\/span>highlighted<\/span>\u00a0<\/span>the point\u00a0<\/span>that if the region is\u00a0<\/span>provided<\/span>\u00a0<\/span>with\u00a0<\/span>a\u00a0<\/span>considerable<\/span>\u00a0<\/span>share<\/span>\u00a0<\/span>of finances<\/span>, it will no longer\u00a0<\/span>need<\/span>\u00a0subsidies. <\/span><\/p>\n

He also\u00a0<\/span>demanded<\/span>\u00a0<\/span>financial\u00a0<\/span>deals<\/span>\u00a0with the region,\u00a0<\/span>just<\/span>\u00a0<\/span>like<\/span>\u00a0those\u00a0<\/span>signed<\/span>\u00a0with Azad Kashmir.\u00a0<\/span>The chief minister also added that a <\/span>bill\u00a0<\/span>is being\u00a0<\/span>brought<\/span>\u00a0to\u00a0<\/span>introduce<\/span>\u00a0land reforms in the\u00a0<\/span>region of\u00a0<\/span>Gilgit-Baltistan<\/span>.<\/span><\/p>\n

NFC Award\u00a0<\/span>refers<\/span>\u00a0<\/span>to\u00a0<\/span>a\u00a0<\/span>Pakistan\u00a0<\/span>financial distribution\u00a0<\/span>mechanism<\/span>\u00a0<\/span>that<\/span>\u00a0<\/span>seeks<\/span>\u00a0<\/span>to\u00a0<\/span>fairly<\/span>\u00a0<\/span>distribute<\/span>\u00a0<\/span>funds<\/span>\u00a0between\u00a0<\/span>provinces and\u00a0<\/span>the federal government<\/span>. <\/span><\/p>\n

\u00a0The award has undergone several revisions, with the 7th NFC Award being the most recent one, which was announced in 2010.<\/span><\/p>\n

The award has been the focus of considerable discussion; some contend that it favors the provinces, while arguments also revolve around its suitability against the federal dilemma.<\/p>\n

The chief minister’s demand for GB to be included in the NFC Award is likely to stir up an argument on resource distribution and development of the area.<\/p>\n","protected":false},"excerpt":{"rendered":"

GILGIT BALTISTAN: Gilgit-Baltistan Chief Minister\u00a0Haji Gulbar Khan has\u00a0strongly\u00a0demanded\u00a0that\u00a0the GB region must be\u00a0added\u00a0to\u00a0the National Finance Commission (NFC) Award. Gulbar Khan states that the region\u00a0must\u00a0be\u00a0given\u00a0a\u00a0substantial share of the budget under the NFC Award, which would make it\u00a0self-sufficient and not\u00a0dependent\u00a0on subsidies.\u00a0 At\u00a0a news conference, Haji Gulbar\u00a0highlighted\u00a0the point\u00a0that if the region is\u00a0provided\u00a0with\u00a0a\u00a0considerable\u00a0share\u00a0of finances, it will no longer\u00a0need\u00a0subsidies. He also\u00a0demanded\u00a0financial\u00a0deals\u00a0with […]<\/p>\n","protected":false},"author":9,"featured_media":65625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[26570,26569],"class_list":["post-65624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gb-chief-minister-haji-gulbar-khan","tag-nfc-award"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=65624"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65624\/revisions"}],"predecessor-version":[{"id":65626,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65624\/revisions\/65626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/65625"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=65624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=65624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=65624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}