Ministry of Commerce (Pakistan)

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Ministry of Commerce (Pakistan)
The Ministry of Commerce is headed by the Commerce Minister of Pakistan, who must be a member of Parliament of Pakistan.

Departments
Central Board of Film Censors


Trading Corporation of Pakistan?

National Tariff Commission ?


Foreign Tade Institute of Pakistan ?

Pakistan Reinsurance Company ?

National Insurance Company ?

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Central Board of Film Censors

The Central Board of Film Censors (CBFC) is the regulatory body and censorship board of Pakistan. The CBFC is governed by the Motion Picture Ordinance, 1979 and rules made there under. The prime statuary function of the CBFC is censorship of films. With its Head office at Islamabad headed by the Chairman, has two branches at Lahore and Karachi. The CBFC examines the films in the light of the Censorship Code provided by the Federal Government.

History

At the time of creation of Pakistan the Censorship of Films was a provincial subject and different Boards were functioning at Lahore, Karachi and Dhaka under the Cinematograph Act, 1918. Films certified by one Board could not be exhibited in another province without undergoing the process of Censorship in that province. Sometimes a film passed by one Board was declared unsuitable for exhibition in the other province by their respective Board. In order to bring uniformity in the decision of the Boards and to mitigate the film producers/importers inconvenience and financial hardships, the subject of Censorship was centralized through enactment of the Censorship of Films Act, 1963 in November, 1963. the head office remained at Rawalpindi from 1963 to 1975 and was shifted to Islamabad. As a first step two branches of the Board were established at Rawalpindi and Dhaka considering in view the geographical configuration of the country. Subsequently, on persistent demand of the Film Industry, one more branch of the Board was established at Lahore. After fall of Dhaka in 1971 a new branch was established at Karachi in its place in 1972. in September 1979, the Motion Pictures Ordinance 1979 was promulgated which repealed the Censorship of Film Act, 1963 and the Cinematograph Act, 1918.

Main functions

The main function of the Central Board of Film Censors is to examine suitability of films for public exhibition or otherwise under the guidelines provided by the Federal Government in the shape of film censorship code. Producers of locally produced films have the option to apply for Censorship of their films to any of the office of the Board at Islamabad, Lahore and Karachi whereas imported films are examined by the Board only at Islamabad. Films belonging to Foreign Missions are also examined at Islamabad.

The Motion Pictures Ordinance, 1979 and the rules made there under focus upon the broad policy framework and administrative procedures for the certification of films for public exhibition. The film censorship code covers all the important aspects of society and lays down the guiding principles for film making in Pakistan. To make the film industry abide by the code for censorship, strict policy measures are adopted from time to time and, while certifying films, every effort is made to ensure that no scene, dance or dialogue gets through which is derogatory to the accepted moral standards of the society.

While examining films, the CBFC eliminates public exhibition of a film or any part thereof which is likely to:

* I. Impair accepted moral standards and social value by glorification of vice or crime:

* II. Give offence to any section of the public or injured the feelings of any class of persons:

* III. Hurt national sentiments:

* IV. Contains dialogues, songs, speeches, dances, jokes or gesture which are obviously vulgar obscene or indecent:

* V. Undermines Islam: or

* VI. Ridicules, disparages or attacks any religious sect caste and creed.


CBFC Chairmen

# Anwar Hussain (1963-72)
# Aslam Siddiqui (1972-73)
# Jalalud Din (1973)
# Syed Abid Ali (1973-74)
# MMH Peerzada (1974-76)
# Syed Sajjad Haider Jillani (1976-77)
# Anwar Abbas Ansari (1977-82)
# Dr. Safdar Mahmood (1982-86)
# Brigadier(R) Abdur Rasheed (1986-88)
# Syed Sajjad Haider Jillani (1988-94)
# Jamal Khan Jogezai (1994-96)
# Malik Yasrab (1996-98)
# Malik Mohammad Rafique (1998)
# Prince Abbas Khan (2001-03)
# Ziauddin (2003-06)
# Ejaz Illahi Paracha (2006)
# Azfar Shafquat (2006-08)
# Barrister Malik Shahnawaz Noon (2008-present)

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Trading Corporation of Pakistan
The Trading Corporation of Pakistan (TCP), part of the Government of Pakistan's Ministry of commerce, is responsible for export and import of commodities in Pakistan. Trading Corporation of Pakistan issues tenders for export and import of agricultural products.

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Foreign Trade Institute Of Pakistan
Foreign Trade Institute Of Pakistan operates in Pakistan.
Procurement notices

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Pakistan Reinsurance Company Limited
(Autonomous body working under the Ministry of Commerce, Government of Pakistan)

PRCL is a public sector company under the administrative control of the Ministry of Commerce. The Company is headed by a Chairman with a nine member Board of Directors. Seven members of this Board are nominated by the Federal Government while others are elected from the business community enjoying excellent business credentials.In addition, the management is supported by a strong team of professionals who handle the business affairs of the company.

Role of PRCL in economic development

The role of PRCL in economic development of Pakistan is significant. In the process of economic development the local industry both in public and private sectors has successfully been provided the required insurance protection with the reinsurance support of PRCL. PRCL is aware of the increasing requirement of insurance and reinsurance of a progressive economy and is thus making great efforts in coming up to national expectations. The progress so far made signifies consolidation of our position, both at home and abroad and encourages further expansion.
The compulsory and voluntary cessions to PRCL provide very attractive and competitive terms to the local insurance companies. Cession under 15% Quota Share has no maximum limit and thus provides comparatively higher rate of commission for the portfolio which would otherwise be reinsured on facultative basis with a lower commission.

INTERNATIONAL COOPERATION/ BUSINESS RELATIONS
PRCL is actively collaborating and participating with its international counterparts in the field of insurance and reinsurance. This is being achieved under the aegis of Economic Cooperation Organization (ECO) with the object of reducing the outflow of Foreign Exchange and improving the standard of insurance and reinsurance services in the region. PRCL has been one of the pioneers and founder members of the Federation Afro-Asian Insurers and Reinsurers (FAIR).

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National Insurance Company Limited was incorporated in Pakistanon 31st March 2000 as an unquoted public limited company under the Companies Ordinance 1984 through NIC (Reorganization) Ordinance 2000.

Major Objectives of National Insurance Company Limited
» To provide insurance cover to the Government/Semi Government organizations at economical cost.
» To reduce outflow of foreign exchange by reducing dependence on reinsurance abroad
» To make significant contributions to public exchequer by payment of taxes & dividends.
» To make prudent investments in public as well as private sector in order to obtain maximum returns.




FUNCTIONS
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Functions of National Insurance Company Limited
» The major function of the Company is to insure public properties
» To build sufficient reserves to increase risk retention capacity
» To insure properties other than public properties as and when directed by the Federal Government
» To advise the Government Departments on issue of risk management to adequately protect their assets at minimum cost
» To transfer surplus funds after meeting all management expenses, to the government exchequer




OWNERSHIP
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Initially it was named as National Insurance Corporation formed in the year 1976 through NIC Act 1976.

The National Insurance Company Limited is 100% owned by Government of Pakistan (GOP) and working under the administrative control of Ministryof Commerce (MOC).

Authorized Capital of Company is Rs. 6 Billion and Paid up Capital of Rs. 2 Billion divided into 200 million shares of Rs. 10 each.

Being NBFI, Securities and Exchange Commission of Pakistan (SECP) is the regulator of NICL.


PRINCIPAL BUSINESS
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The National Insurance Company Limited is providing general insurance coverage to the State Owned Moveable and Immoveable Assets belonging to Federal & Provisional Government, Local Authorities and Statutory Corporations.

Insurance coverage is being provided in the following areas:
» Fire and Property Damage
» Aviation Hull
» Marine Hull
» Marine Cargo
» Credit Risk and Surety ship
» Motor
» Liability
» Workers’ Compensation
» Accident and Health
» Engineering / Miscellaneous
» Agri Loans (New)

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[Edifier]

informative

thanks for sharing

gud work