Digital Pakistan Vision and Challenges
Pakistan is fortunate that youth is 60 per cent of its
population. This percentage of regular users of digital services such as
digital payments or e-Payments, or internet access, provides infinite
opportunities.
The PM has
taken a gigantic initiative to upgrade digital banking infrastructure and ease
the conditions and exhausting paperwork for digital services such as
e-payments, online transactions and the issuance of credit cards, and their use
at Online stores or in-store shopping, at petrol pumps, online utility bill
payments and university fee payment gateways, but unfortunately, such easy and
instant payment facility is currently involved too much paperwork, guarantees
and regulations.
The government needs to overhaul the whole banking infrastructure and encourage
businesses, retailers, petrol pumps, PIA, Railways ticketing, superstores,
schools and colleges to introduce payment gateways and banks should offer
credit cards to businessmen and especially to government employees, since they
will use such services when they run short of funds, not falling prey to
usurers.
The
innovative digital payments will remove their financial constraints and the
funds will be utilised based on a credit limit for 45 to 51 days and the bills
can be paid through salaries, decreasing chances for default.
It would be
great to boost and promote digital services, paving the way for international
digital firms like. Google, PayPal, Amazon, eBay, Yahoo, Alibaba Group, Stripe
and Apple to enter Pakistani financial markets specially the PayPal, eBay and
Amazon, which is strongly required by freelancers and authors.
At Present,
only Skrill, Payoneer and Traditional IBAN/Swift code or wire transfers are
available to Pakistan which is very costly, time-consuming and with inflated
fees of 10 per cent to 30 per cent plus the local banks’ processing charges.
On the other
hand, India has reaped the benefits of the digital world as the world’s best
companies, PayPal, Amazon and Google, are serving the country with their
innovative digital products and services.
By giving
access to these digital payment giants, Pakistan will open doors for Foreign
Direct Investment and will also reduce the heavy demand for the paper currency as
people avoid using cash and prefer to use their credit and debit cards at
online stores.
Even
Pakistan’s governance Model may modernise and upgrade the reporting system,
complaint management, receipts and payments, and public sector spending through
an electronic dashboard that will refresh automatically if any public-sector the transaction takes place. Governance could improve if the governance model is
implemented by imparting training to all staff at federal, provincial and
district levels so that there is a proper reporting channel to ensure
transparency.
The sale of
property should be digitised so that revenue records may reflect the history of
property owners and do away with any claim. Ownership, heirship, and birth
certificates, domicile, PRC and all other certificates should be generated
online to improve the productivity of the public sector.
The process
of employees’ performance evaluation, superannuation and pension may also be
automated so that the entire employment record will be available when they
reach the points of promotion, superannuation or drawing pensions. Personal IDs
must be opened online through scale-wise supervisors, that is, the District
Accounts Officers, provincial Accountant Generals and Accountant General of
Pakistan, so that a trail is available to track salary disbursements.
It is a
commendable step by Law and Home Departments to automate the cause lists of the
higher and lower judiciary but it must intimate the petitioners and respondents
through SMS and email regarding their case status, date of hearing and case
disposal.
Furthermore,
voter lists should also be automated and Election Commission of Pakistan must
make it available for all citizens to register their vote when they reach 18,
after getting their CNIC/Smart card or Form B. This will enable the district
Election Commissioner offices to enter the data online and consolidate the
voter lists.
There should
be a central directorate of all departments so that they may have digital
coordination, especially the FBR, AGP, Finance Ministry, Establishment division,
Cabinet division, NAB and Intelligence Directorates. Digital Pakistan
vision will have a great impact to attract Foreign Direct Investment,
strengthen the Rupee against the Dollar, stabilise the economy and discourage the paper currency that usually falls heavy upon the rupee.
We are
excited after Tania Aidrus’ statement during the Digital Pakistan Vision launch
and her confidence that the sacrifices of a higher paycheck for the country is
highly appreciable, but she will face resistance from the stakeholders who have
been misusing the manual system for decades. It is an uphill task to compel
such elements to adopt this digital endeavour which will choke their corruption
stream even as it streamlines things for the common people.
Other
resistance will be from the provinces where the PTI is in opposition,
especially in Sindh. It will be a big challenge for the IT and Telecom Ministry
will achieve its desired objectives given the shortage of IT-skilled staff and
messed-up bureaucratic structure. The government should make digital literacy
compulsory everywhere at federal, provincial and district levels by setting up
IT skill development centres to train the supervisory and office staff.
Moreover, the government should establish a venture capital firm to support, incubate,
accelerate and fund start-ups and accelerate the mushrooming growth of big start-ups.
Entrepreneurship
courses must be introduced with the help of SMEDA, LUMS, IBA Karachi, IBA Sukkur,
SZabist, NUST, FAST, COMSATS, Virtual University and SDPI so that entrepreneurs
may learn to launch their start-ups successfully to conquer the digital world.
Start-ups
like Careem, Bykea, and Rozee.pk are great examples of successful start-ups.
Globally, the youth after getting their education, start businesses to create
employment, but in Pakistan after graduation and Masters, youth start hunting
for a job. That is why Pakistan has a high level of unemployment as youth avoid
entering entrepreneurship since they lack skills, training and financial
resources. Punjab IT Board has done a tremendous job by incubating, funding and
accelerating start-ups in the public sector under the Plan9 and PlanX
programmes but this should be followed by all provinces so the proper start-up
culture could develop.
The Higher
Education Commission, IT Boards, Technical Education, Intermediate education
boards should promote digital Pakistan by introducing governance, payment
solutions and funding the ideas at school and college level.
It is a good sign that online shopping sites have experienced a mushroom growth but mostly
accept the traditional COD Model which often causes losses if the customer
returns the product or is unavailable.
E-payments
ensure that the product is shipped to the target buyer. Though some Online
shopping sites such as Popular Daraz.pk and Yayvo.com have started accepting
credit or debit cards issued by Pakistani banks, the number of transactions is
low, owing to hassles in getting credit cards from the banks.
At present,
only a few banks are issuing credit cards with online transactions and point of
sale (POS) transactions, but unfortunately, this is limited to big cities such
as Karachi, Lahore, Islamabad,
The average
interest or mark-up charged, 40 per cent, is very high as compared to other
countries. The government, especially the State Bank of Pakistan, must direct
banks to lower the mark-up ratio and ease the conditions to let more people
avail this facility. especially the salaried and businessmen.
In big
cities, credit cards are issued instantly by banks to the salaried employees of
government and companies but in small cities, untrained local managers avoid
issuing credit cards. One will surely experience such embarrassment and an inconvenience at the hands of unprofessional managers picked to only raise
deposits, even if they compromise the quality of service.
Therefore, Ms
Aidrus and her team will have to work to appease the stakeholders to achieve
the desired goals so that Pakistanis may reap the benefits from this digital
world. To achieve this goal, the IT and Telecom portfolio must be given to a
professional well versed in IT and telecom, preferably a Computer Science or IT
graduate.
There is also
a big concern regarding inflated Taxes levied upon the business community which
need to be reduced if they use digital currency since it will enable the FBR to
track payments. The e-currency spectrum will help reduce the crime rate, tax
evasion and hoarding as people will use credit cards and digital wallets such
as PayPal, Ali Pay, Google Pay, which can easily be tracked and monitored
through digital systems.
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