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Seminar on Protection of Private Property Rights and Entrepreneurship in Pakistan

A seminar was organized on 'Protection of Property Rights and Entrepreneurship: Pakistan as a Case'. Students from CECOS University, Sarhad University, Department of Political Science University of Peshawar, Institute of Management Studies University of Peshawar, Department of Economics University of Peshawar attended the seminar. Besides, faculty from Computer Sciences department and Management Sciences also attended the seminar.

A seminar was organized on 'Protection of Property Rights and Entrepreneurship: Pakistan as a Case'. Students from CECOS University, Sarhad University, Department of Political Science University of Peshawar, Institute of Management Studies University of Peshawar, Department of Economics University of Peshawar attended the seminar. Besides, faculty from Computer Sciences department and Management Sciences also attended the seminar. Raza Ullah was the resource person for seminar. He started discussion with 'Doing Business report' of this year. He informed participants about ranking of different countries according to report and discussed its different dimensions. He further provided details of different economic indicators and discussed countries top in the report's list; these countries have higher GDP and better economic indicators than the countries at the bottom. The same trend was also in the International Property Rights Index current year's report. The discussion concluded with the argument that economic freedom in all forms lead to good quality of life with higher per capita income and GDP. Students took keen interest in discussions. The resource person asked students about the morality of 'free market competition' and interestingly majority of the participants agreed that free competition is essential, healthy and good thing in a just society. Raza provided a detailed description of economic freedom conditions like sound money, property rights, rule of law, limited government and free trade. Participants agreed that these factors are important for good governance and economic prosperity. He argued that for an enterprising society economic freedom is an important factor and ultimately leads to individual freedom, liberty and prosperity. Resource person also discussed an important law promulgated by Punjab government to ensure women property rights, in which it was made mandatory on state to transfer property to women members at the time of inheritance to any hier of the legacy. The government would appoint a special revenue officer who would be responsible for women property rights. Vice Chancellor CECOS University, Professor DrRiazahmad Khan in his closing remarks said that in Pakistani society property rights are very important especially for women because they could show their presence only with effective control on their resources. The vice chancellor also appreciated the event especially in context of International Women Day as effective property rights means a better world for women and women would be the main beneficiary of protected property rights.



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