دنیا وچ ساتھی دنیا دار دے رہے
رنگ بھرے نیں رنگ پیار دے رہے
اِٹاں ریت دیاں اسیں رہے تھپدے
محل خیالاں دے نت اساردے رہے
بھانویں لکھ مصیبتاں سرے آئیاں
نام یار دا سدا چتار دے رہے
ساڈے نام توں شہر وچ بنے فاتح
تسیں جتدے رہے اسیں ہار دے رہے
تساں حاکماں نظر منظور ہوئے
اساں چپ رہے تساں مار دے رہے
تسیں ہور کسے دے رہے سنگتی
نال ہور دے عمر گزار دے رہے
سانوں غماں نیں آ برباد کیتا
تسیں خوشی تھیں پیر پسار دے رہے
ہک وار ڈٹھا اوس شوخ تائیں
کئی مدتاں نشے خمار دے رہے
اساں ترس گئے ہک دیدار خاطر
تساں زلف نوں نت سنوار دے رہے
لے، لیا، زلیخا نے جھٹ یوسف
خریدار تاں کئی بازار دے رہے
اساں اندروں قیس ہو گئے لیلیٰ
بھانویں روپ اتوں دنیا دار دے رہے
Abdul Haq, India’s most popular researcher and literary figure, got retirement from the University of Delhi as dean of the Department of Urdu. For the very first time in India, he selected Iqbaliat as his doctorate topic. His books on Iqbaliat highlighted various unexplored topics and personalities. He presented and preached Iqbal’s thoughts and quotations exactly the way Iqbal wanted them to be presented. His articles on Iqbal always received great appreciation from all the literary circles and conferences in which he presented them. As a profound lover and having an understanding of Iqbal’s poetry, he gave new dimensions to his poetry, previously unknown to the world. Furthermore, as a researcher, he discussed numerous scholars who claimed to have an understanding of Iqbal’s poetry and analyzed their work critically. The current study is an acknowledgement of Professor Abdul Haq’s endeavors in the field of education, literature and his services for Iqbaliat. Moreover, the present study encompasses his written publications on the topic of Iqbaliat.
This study examines the effects of Fiscal Decentralization on Economic Growth in the context of Pakistan. The current structure of fiscal arrangements in Pakistan consists of three tiers, federal, provincial and local. Resources are distributed among these tiers through National Finance Commission (NFC) and Provincial Finance Commission (PFC) awards. Besides, local governments also receive random transfers including special/development grants, discretionary funds of parliamentarians and executives, etc. Empirical theorists postulate that Fiscal Decentralization may have positive effects on economic growth due to its efficiency advantages. However, it may have negative effects on economic growth and brings macroeconomic instability when it is not accompanied by enhancing the skill of local government apparatus and by better political accountability. Following the theoretical models of fiscal decentralization presented by Barro (1990) and Davoodi & Zou (1998), we have developed a model for this study in the context of Pakistan and within the framework of a simple endogenous growth model, Johansen’s co-integration technique is used to estimate the effects of fiscal decentralization on economic growth in Pakistan for the period from 1972 to 2010. The study uses expenditures and revenues as indicators of fiscal decentralization and a set of control variables in the analysis.However, due to paucity of data at local level, it is assumed that over the time, public spending and revenue generation is done by two tiers of government i.e federal and provincial. Empirical results show that fiscal decentralization has positive and significant effects on economic growth in the long run but there is weaker evidence for the short run in case of Pakistan during the period of analysis. In addition, fiscal decentralization is also positively associated with private investment and macroeconomic stability over the sample period of the study.