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PM to Inaugurate the First One-Window EHSAAS Center Tomorrow

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Under the Ehsaas umbrella, there are many programs for 14 different target groups. But often, a poor family is not aware of the benefits they are entitled to and, if they are aware, they have to go to multiple offices to seek help. With One Window Ehsaas, the aim is to deliver services through a single window, a one-stop shop.

One Window Ehsaas has six pillars: A One Stop Shop, the Ehsaas Center; a public facing digital information and services platform; mobile app; back office consolidated digital interface; Cognitive API architecture, or the integrated national socioeconomic database; and finally, the Ehsaas One-Window Beneficiary Selection and Targeting Policy.

The first One Window Ehsaas Center is opening in Sitara Market today in Islamabad. In this center, all Ehsaas services can be accessed in one place. To facilitate Ehsaas Kafaalat beneficiaries, whose families receive stipends, both Point of Sales machines as well as cash machines or ATMs have been placed in the One Window Center. Partner banks have opened their branches in the center, and NADRA office has been set up as well.

Having all these services in one center can significantly facilitate an Ehsaas Kafaalat beneficiary, who often previously needed to go to many offices to get complaints resolved. Ehsaas stipends for children can be accessed at the center also. The digital system, which has recently been put in place does real time verifications from three data sources before the child is enrolled in the program and if the child doesn’t have a Birth registration form—which is a prerequisite for enrollment—the mother can just walk the courtyard to get it made in the NADRA center rather than taking taxi to go to another site. Ehsaas Nashonuma services are also available in the center.

Children at risk of stunting and pregnant mothers can get specialized nutritional food from the office and cash stipends from the ATM. They get awareness session as well on health and nutrition. Antenatal services and immunization services are available at the center. Students can walk into the center and get information about Ehsaas Undergraduate Scholarship, and they don’t have to pay in an internet café to fill their application.

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In the One Window center, there is free use of internet, computer and printer. In the One Window center, someone, looking for a livelihood opportunity can visit Ehsaas Amdan and Ehsaas Interest Free Loan Desks. A person in need of financial assistance for health can find out about Sehat Sahulat and, if not entitled in Sehat Sahulat or not in an empaneled hospital can be channeled to Ehsaas Tahafuz or PBM’s health related financial assistance systems. In One Window service, there also are many care services. Somebody wanting to spend a night in Panagah can book a bed and get free One Star bed and breakfast facility.

People can admit a child in an orphanage; and a young woman can get information and be admitted in a vocational center. A street child can be admitted in one of our free schools. Ehsaas Registration Desks have been set up where people can get surveyed, to ascertain if they are eligible for Ehsaas benefits. In the center, Dashboards, display information relevant to people’s needs and complaints are addressed in real time.

There is also a beneficiary retiring room, in case a woman comes with a child and needs to feed her. A differently abled individual can have multiple avenues of redress in the center. Processes are being made simpler so that they can get a disability card made with ease. In the same disability room, NGOs are given space to provide free prosthesis and orthoses. Also, a customized wheelchair can be ordered.

The second part is the digital e-portal with people centered information; this was built learning from the questions on social media about various Ehsaas programs. The third part of One Window Ehsaas is an app which mirrors information on the digital portal but in addition, it also marks locations of our service sites: Langars, Panagahs and payment sites. When opened from a mobile, an individual can be navigated to the address.

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This app is enabled with a camera, which allows a photograph to pick the geolocation of an Ehsaas social welfare site to be mapped. The fourth part is the integrated digital interface facing the back office, which facilitates access of all those working in the Ehsaas ecosystem to appropriate links and resources. The fifth component of One Window Ehsaas is the integrated database. Previously the 2010 BISP data was siloed; even provincial social protection agencies had to do paperwork to access the database and there were costs involved.

Now, under the Ehsaas data reform, all federal Ehsaas implementing agencies will be able to access data from the 2021 Ehsaas National Socio-economic Registry through APIs with no cost at all. This two-way data sharing will also enrich the data repository. Data integration will also enable transparency. Agencies will be able to see what benefits an individual or the family are getting, and the entitlements they have in terms of various Ehsaas programs.

The sixth pillar of One Window Ehsaas, is the Standardized Beneficiary Targeting Policy. Previously, all agencies used their own eligibility ascertainment system—this Policy will compel standardized beneficiary targeting using the Proxy Means Test, which uses information on household and individual characteristics to compute an algorithm generated score (0-100) for each household, which then serves as a proxy for welfare status.

The information needed to generate the score comes from the National Socioeconomic Survey. So, in the One Window Policy specific PMTs were stipulated for each program and a policy devised to do away with duplications. “We will open Ehsaas One Window Centers in every district”, said Dr. Sania.

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China

Decoding China’s Consumer Price Rebound Amid Deflation Risks: Insights & Analysis

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Introduction

China’s consumer prices have shown signs of rebounding, thanks to a holiday boom. The Consumer Price Index (CPI) grew by 0.7% year on year in February, surpassing expectations and marking the first rise after six consecutive months of decline. However, amidst this positive development, there are looming concerns about deflation risks as factory gate prices continue to fall for the 17th consecutive month. This article delves into the intricacies of China’s current economic landscape, analyzing the factors contributing to the CPI growth and exploring the implications of persistent deflation risks.

1: Understanding China’s Consumer Price Index (CPI) Growth
The Consumer Price Index (CPI) serves as a key indicator of inflation and reflects changes in the prices paid by consumers for goods and services. The recent 0.7% year-on-year growth in China’s CPI in February has sparked optimism among economists and policymakers. This growth can be attributed to various factors, including increased consumer spending during holidays, rising demand for certain goods and services, and government stimulus measures aimed at boosting consumption.

2: Implications of CPI Growth on China’s Economy
The rebound in consumer prices has significant implications for China’s economy. A positive CPI growth indicates a healthier level of inflation, which can stimulate economic activity by encouraging spending and investment. It also reflects improved consumer confidence and overall economic stability. However, it is essential to monitor the sustainability of this growth and its impact on other economic indicators.

3: Analyzing Deflation Risks in China’s Economy
Despite the encouraging CPI growth, there are concerns about deflation risks looming over China’s economy. The continuous decline in factory gate prices for the 17th consecutive month is seen as a warning signal by analysts. Deflation can have detrimental effects on an economy, leading to reduced consumer spending, lower corporate profits, and potential economic stagnation. Policymakers must address these deflation risks proactively to prevent long-term negative consequences.

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4: Factors Contributing to Deflation Risks
Several factors contribute to the deflation risks faced by China’s economy. Overcapacity in certain industries, weak global demand, trade tensions, and technological advancements leading to cost reductions are some of the key factors driving down factory gate prices. Addressing these underlying issues requires a comprehensive approach that involves structural reforms, targeted stimulus measures, and strategic policy interventions.

5: Strategies to Mitigate Deflation Risks
To mitigate deflation risks and sustain economic growth, policymakers in China need to implement effective strategies. These may include promoting domestic consumption through incentives and subsidies, fostering innovation and technological advancement to enhance competitiveness, addressing overcapacity through industry restructuring, and maintaining a stable macroeconomic environment through prudent monetary and fiscal policies.

Conclusion
China’s consumer price rebound offers a glimmer of hope amidst challenging economic conditions. While the CPI growth signals positive momentum in the short term, it is essential to address the underlying deflation risks to ensure long-term economic stability and growth. By understanding the factors contributing to CPI growth and deflation risks, policymakers can formulate targeted strategies to navigate these challenges effectively. Monitoring economic indicators closely and implementing proactive measures will be crucial in safeguarding China’s economy against potential downturns.

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Economy

Unveiling the Potential: Lake Street Analyst Raises Price Target on Crexendo to $7

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Introduction

In the dynamic world of stock markets, analysts play a crucial role in guiding investors with their insights and recommendations. Recently, Lake Street analyst Eric Martinuzzi made waves by raising the price target on Crexendo (NASDAQ: CXDO) to $7 from $5.50, reaffirming a Buy rating and showcasing his bullish outlook on the company’s prospects. This move not only reflects Martinuzzi’s confidence in Crexendo but also sheds light on the underlying factors driving this optimistic stance.

1: The Analyst’s Perspective
Eric Martinuzzi, a seasoned analyst at Lake Street, has demonstrated his faith in Crexendo’s growth potential by revising the price target upwards. His Buy rating underscores a positive outlook on the company’s trajectory, indicating a belief in its ability to thrive in the competitive market landscape. By delving into Martinuzzi’s rationale behind this decision, investors can gain valuable insights into what sets Crexendo apart and why it is poised for success.

2: Unpacking Crexendo’s Market Position
Crexendo, a technology company specializing in cloud communications solutions, has been making strides in expanding its market presence and enhancing its offerings. With a focus on innovation and customer-centric solutions, Crexendo has positioned itself as a key player in the industry. The heightened price target from Lake Street signals a strong conviction in Crexendo’s capabilities to further solidify its market position and drive growth.

3: Factors Driving Optimism
Several factors contribute to the positive sentiment surrounding Crexendo and justify the increased price target set by Lake Street analyst Eric Martinuzzi. These may include strong financial performance, innovative product offerings, strategic partnerships, market trends favoring cloud communications solutions, and overall industry outlook. By examining these factors in detail, investors can better understand why Crexendo is garnering attention and what potential opportunities lie ahead.

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4: Implications for Investors
For investors looking to capitalize on the bullish outlook for Crexendo, understanding the implications of the revised price target is crucial. It signifies not just a numerical increase but also a vote of confidence in the company’s ability to deliver value and generate returns for shareholders. By aligning investment strategies with this optimistic outlook, investors can position themselves strategically to benefit from Crexendo’s growth trajectory.

Conclusion
In conclusion, Lake Street analyst Eric Martinuzzi’s decision to raise the price target on Crexendo to $7 reflects a positive assessment of the company’s prospects and underscores its growth potential. By exploring the analyst’s perspective, unpacking Crexendo’s market position, analyzing the factors driving optimism, and considering the implications for investors, stakeholders can gain valuable insights into why Crexendo is an intriguing investment opportunity worth considering.

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Economy

The Economic Consequences of Elections: A Perspective from Nedbank

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Introduction

Elections are an integral part of any democratic society, providing citizens with the opportunity to choose their leaders and hold them accountable for their actions. However, the focus on elections can often divert attention from other pressing issues, such as fixing the economy.

In a recent statement, the Nedbank chief, Mike Brown, expressed concern that the upcoming elections could take the focus off fixing the economy, which is a cause for concern for many South Africans. In this article, we will delve deeper into the economic consequences of elections and the implications for South Africa.

The Economic Consequences of Elections
Elections can have significant economic consequences, both in the short and long term. In the short term, elections can lead to increased uncertainty, as investors and businesses may hold back on making decisions until the outcome is clear. This uncertainty can lead to a decrease in investment, which can negatively impact economic growth.

In the long term, elections can lead to policy changes that can have significant economic consequences. For example, if a new government comes into power with a different economic policy, this can lead to changes in regulations, taxes, and other economic factors that can impact businesses and investors. This can lead to a decrease in confidence in the economy, which can further impact investment and economic growth.

Nedbank’s Perspective
Nedbank, one of South Africa’s largest banks, has expressed concern that the upcoming elections could take the focus off fixing the economy. Mike Brown, the Nedbank chief, has stated that “the focus on the election could distract from the need to address the structural issues that are holding back the economy.” This is a concern shared by many South Africans, who are worried about the country’s economic future.

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Structural Issues in the South African Economy
South Africa’s economy has been struggling for some time, with high levels of unemployment, low economic growth, and a large budget deficit. These structural issues are complex and require significant attention and effort to address. However, the focus on elections can divert attention from these issues, making it difficult to make progress in fixing the economy.

Conclusion
Elections are an important part of any democratic society, but they can also have significant economic consequences. The focus on elections can divert attention from other pressing issues, such as fixing the economy. As the Nedbank chief has pointed out, this can seriously affect South Africa’s economic future. Attention must be given to these structural issues, regardless of the outcome of the elections. Only then can South Africa hope to achieve sustainable economic growth and development.

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