Ali Salman: That I Intend to be agreed with you that a lot of these ideas for instance, the mapping of land for better use of cropping has been there for ages right. So, this is not that we are coming up with news idea altogether we are may be trying to be propose a new mechanism and this is very important to present that we are not short of resources, the question is how we are allocating those resources. For instance, it was pointed out correctly that significant part of the RND goes into the exist salaries 90 too 95 percent these  institutions which are responsible for the research 90 to 95 percent of their budget goes into the salaries and not to the actual research. So, if you are not doing actual research then obviously you will  not find the productivity improvement which we should expect. So, these are the ground realities. Now which extent these  ground realities can be changed by these mega structures that we are seeing now like Apex committee’s implementation this is a big question mark. One of the things which actually  when we   talk about research is that we should be spending less money in universities and more money in the industry side of research. Every industry has problems like agriculture, engineering, and electronics. You  will find problems of efficiency and problem of branding  in every industry. They need research but if you give more money to the universities, I’m   afraid that lot of money is being wasted in just production of papers but actual problem solving. One more thing I would like to add because we are talking about here collaboration between civil and defense side, one thing which note concerned is this increasing syncretization of our economic policy now it was mentioned for instance drones are under the control of military establishment. in the past we heard this  similar case can be made about 3D printers which all over the world is used openly by universities by industrialists by young entrepreneurs to experiment. We can’t import  3D printers because the people in the security establishment I think this is the security threat. We can’t import a drone because it will become a security threat. Now these technologies must be democratized if we want the  fruit of this investment to be used by entrepreneurs by innovators, not just in the govt but outside the govt. only then I think we can see real prosperity, otherwise I’m afraid that this top-down approach which SIFC seems to suggest is not going to bring the desirable result in the long run.

Closing remarks by Ali Salman: One of the important takeaway massages especially in the context of SIFC would be ensuring of transparency and credibility. When the Govt says that we will ensure repatriation of capital which the investors will bring now, obviously in the last one year we have seen that given the macroeconomic situation that was stopped. So, that kind of big challenge on the govt shoulders how to bring that kind of transparency. Secondly, when we talk about business regulations and facilitations lets use the existing research which has been done and would to especially mentioned the research done by PIDE on its large series that use the research to improve the regulatory environment and then implement those changes.