Massive Gold Reserve Worth Rs 2000 Crore Found In Pakistan
Pakistan has discovered gold worth 600 billion rupees in the Indus River, sparking hopes that mining it could help boost the country’s struggling economy.
Pakistan is facing serious economic struggles, with its government and opposition parties, including Imran Khan's Pakistan Tehreek-e-Insaf (PTI), blaming each other for the country’s financial troubles. The country has been seeking loans and financial help from international organizations to survive.
Recently, Imran Khan criticized the government, claiming that economic progress is impossible as long as the current government is in power. He stated that economic growth requires investment and that institutions must follow the rules set by the Constitution.
Amidst these tough times, there’s some surprising news from the Punjab region of Pakistan. According to recent reports, gold deposits have been discovered in the Indus River, bringing a wave of excitement across the country. The discovery is being seen as a potential lifeline for Pakistan's struggling economy.
The Indus River, one of the oldest and longest rivers in the world, has always been of great importance in the development of early societies. It stretches over 3,200 km and flows through Pakistan. Over the years, there have been speculations about the presence of gold in the river, especially in Pakistan. Now, reports confirm that a significant amount of gold has been found in the river near Attock, in Punjab.
The gold is believed to be spread over 32 km of the river, with an estimated total of 32.6 metric tonnes, worth around 600 billion Pakistani rupees (approximately 1,850 crore Indian rupees). This gold is believed to have originated from the Himalayas and was discovered by the Geological Survey of Pakistan (GSP). However, it is still unclear if the gold can be extracted from the river, as no official statement has been made. The initial reports are positive, but officials from the Mines and Minerals Department of Pakistan have put a stop to further exploration for now.
Despite this, the potential of this gold discovery is enormous. If the gold can be responsibly mined, it could provide Pakistan with a major economic boost. With an estimated value of 600 billion Pakistani rupees, the gold could help reduce the country's national debt and contribute to its financial recovery. Mining the gold could also create jobs and improve local economies, especially in regions like Attock.
However, there are concerns about ensuring that the mining process is legal, controlled, and sustainable. The government has applied Section 144 to stop illegal mining, as local people have been collecting gold particles from the riverbed during the winter when the water level is low.
Will this gold discovery change Pakistan’s future? If the gold can be mined properly, it could potentially help Pakistan pay off its debts and improve its economic situation.
For more details on Pakistan's economic struggles, you can watch these videos from ISH News:
- https://www.youtube.com/watch?v=us7lmosBgkc
