Situation analysis 1. INTRODUCTION. The city of Karachi with 18 towns and 6 cantonments covers an area of 3,527 sq km (1362 sq miles). This bearing city with a GDP of US $78 Billion (20% of Pakistans total GDP) is the Financial Capital and industrial Hub of the Country. According to the projections of 1998 Census, its current population is 17-18 meg, which is increasing at the position of 5% per stratum. Karachi, with two ports, two harbours, 7 industrial zones, numerous commercial areas and vast residential blocks has grown into bustling and spirited metropolis with ever increasing energy demand. Frequent index outages due to short supply and faults have been a perpetual feature of city life for quite some sequence which creates social and economic problems for residents and the industry and also hampers commercial activities which has commodious impact on countrys economy. According to the Federal lineup of Revenues 2006-2007 year book, tax and usance units in Karachi contributed 46.75% of shoot for taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. Karachi accounts for 75.14% of customs traffic and 79% of sales tax on imports. Therefore, Karachi collects a world-shaking 53.38% of the total collections of the Federal Board of Revenue, out of which 53.
33% are customs duty and sales tax on imports. The Karachi Electric make out Company (KESC) is the only vertically integrated power receipts company that manages generation, transmission and distribution of electricity to over 2.1 million customers spread over an area of 6000 sq km comprising all the industrial, commercial, residential and agricultural areas of the city and its adjoining towns such as Dhabeji and Gharo in Sindh Province and Hub, Uthal, Vindar and Bela in Baluchistan. The KESC was originally incorporated in the year 1913 under the Indian Companies Act 1882 in Karachi. With development of port and increase in population the demand rose manifold. At the advent of Pakistan a huge influx... If you want to get a full essay, order it on our website: Ordercustompaper.com
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