Nops, the funds being generated by these business are not channeled into the military budget. A billion or 2 Billion Rupees a year is not gonna be of any significant help to the military.
Do google about Fauji Foundation, its a charitable organization, thus its purpose is very much clear. It gives employment to retired military personnel of all ranks, scholarships to the children of retired military as well as civilian personnel, runs hospitals to look after retired military personnel, runs schools, technical schools and other stuff. All these charitable things are funded by the companies the foundation is running. These companies employ much more civilian personnel compared to retired military personnel. Generates hundreds of millions of rupees in taxes, levies and duties for the govt. Gives jobs to thousands of people and generates lot of economic activity.
" Fauji Foundation, holding entity of the Fauji Group of Companies, which was established in 1954 as a charitable trust, has grown to become one of the largest, autonomous business conglomerates in the country. Profits from these ventures are channelled into social protection programs that serve a beneficiary population, representing 5.7% of the country’s population, on a completely self sustaining basis. "
Fauji Foundation
Do look at the financial highlights to give you an idea how much it earns and how much it spends on what.
These business adventures do not give the military any power nor it makes them self sustaining, the purpose is entirely different.
The financial books of these companies are open and can be looked at them by anyone, plus many ventures are with private organizations, local and foreign.
So, this notion that the business is being used to earn money to give itself power or become self sustaining is baseless, a military which needs 500Billion rupees a year is not gonna be helped with a billion or 2 from such companies, rather these businesses help the govt through atleast 400-500Million directly generated income and millions more in indirect income. It helps the military budget by using less resources of the military for helping and giving employment to retired military personnel of all ranks and has lot of economic as well as social benefit to the population.
Ordinary citizens are benefited by the schools, hospitals, technical educational centers, scholarships etc etc provided by this organization.
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Group Information:
* One of the largest conglomerates in Pakistan; registered as a charitable trust operating exclusively in the private sector.
* Profits from its industrial / commercial projects are channelled into providing welfare services to our beneficiaries.
* Welfare services include free Healthcare, Subsidized Education, Education Stipends, Vocational and Technical training.
* Fauji Foundation is a self-subsisting organisation, independent of Government subsidies or donations, and not entitled to any preferential status regarding taxes, duties, levies or tariffs.
* Contributed
approx. Rs. 34 billion (USD 572 million) to the national exchequer in the form of taxes, duties, and levies in FY2008.
* Expenditure on Welfare Services is over Rs. 23.8 billion since inception; in FY2008 Welfare Expenditure was Rs. 2.6 billion (USD 42 million).
* Approx. 4
1,112 students enrolled in the FF Education System.
* Treat approx.
2.3 million patients per year through our Healthcare Services.
* Fauji Group currently employs approx.
12,411 people.