This is the class blog for Busn170 taught at FCC 2008. All students are required to make at least one meanningful post or comment per week.

Sunday, December 7, 2008

Reconsidering: Is it Useful?

Managerial role is so common everywhere in every field that I have come to acknowledge it as a universal value.

Revisions of implemented plans can be life-saving or life-taking in the hours crisis, especially. My aim is to create hope. Therefore, I will not be discussing 'negative'.

The lesson comes from Punjab Government's latest move. I've come to learn from a story in PAGE that Punjab Government has decided to 'abandon those development schemes falling under the Annual Development Programme (ADP) 2008-2009, that are not useful for the public and would prove mere wastage of provincial fund.'

This was decided in a senior level meeting between Chief Secretary of Punjab, its Finance Secretary and other top-level officials. However, they've proved more subtle as we expect them to be.

Government of Punjab has "...already utilised 24 percent of the ADP's total budget of Rs 160m in the first quarter of Fiscal Year 2008-09," because of the finanical crisis in the country. And, guess what, now at this point in time Punjab Government's financial position is quite safe. Like an oasis in the middle of desert!

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