Você está na página 1de 57

^ne

**
]|g
$Z

g(y{i Z
u
**
]|Z

CZ?Z

~ZZ@Zig q1Z
2

~ZZ@Zig q1Z

6
10
14
17
20

~i + Z[Z e
~ZZ@Zig q1Z
*0
+
Zgp
Z?**

**
y{g q

26
28
30

/Zg Z
Lzzi
+Z7y
y;avZ

32
38
43
46

h& @Zi
yZ
Zg **

;Zuc*
Bxs ZC

E
+
i p Z e
50 ~z0
54
zg w

1:{g B 27:
| 1437{Z gBwzZ g ._ Y 2016~g
h
m
{gz WZk
,
izCg /V-g Z)f Cg Z Z =
Z L L
**
y {g q
g ZzZg M
l^ r
( 14 )q
-Z6,
yM
W Z F,
zg Z
mb!*
bgzZxsZ ! -Zy{zg
?%VX
;Z e
xZDh
+]
.
E

[Z zwZq
-Z ?k<
Z ) Z *wgxWz6
,
]uZzz] q
y;ayZ$q
 ( Z]

.Zz}
Zx ZVx
g Zq
-ZX { !*
=g
;ajZ}
y
.: Zz6,
{
Z
?kzI
CZy{ZY
n
[ Z
 g [ Z wZ :gio Z
ZztZ
mvi r
{^
,Y y]q
-gzZq
-LZ
q
-Z6,
]pi Z e D Zw~g i
h& @Zi
Mk
K

g U*Mzg Z
Lzzi
+Z-
( Z Z) ]Z RZgzZ<
Z E)Z
zg w
Zzg^q
-Z

Z e O%Z 30 :1 ne X9zg350: :^i


0306-6426001X!ZZ`
 r!*
!Z
Z KY<
L IZxZ :o^j] j

!Z Z`
 331
 7=Z)x :1n 1 ke^j
www.alsharia.org:V
$d
$zX aknasir2003@yahoo.com:~Z

g ezg e.i6,
Z&:, X @Ziy{Zq : **

~DZq
n^j]
%+ Z**
y {t ZiZ
q
C

ZZvZp

V-g Z)f Cg Z Z =
Z L)
L x
ZZvZpL L

kg(r
# y{i Z
u **
]|<
L IZx Z]
. Zz LZ ~ xz a\vZ
kZ ._[z4Z gzZ UgzZ 0*
M F,

z ._e
$Z@{u

t(Z gzZ ~gB#


Zg/sze
$Z@V;ggzZVb]!*

Zg ~ ZZ s ] #
Zg/gzZ 7
 g s ] #
Zg/

VXgzZ Zzb~g7]!*
t~Vzk
,
gzZVzk
,
KZ~X 7q nZ.

/

C
uZ KZv:Z~h
+ F,
kZ ~ Hg (Z3 Zg s ]#
Zg/
GE
34XZ J
V b [|Z dgzZ $O ~W6,]c*
#~%ZX 17x
r
# ~h
+zY[ ~B[|Z ZOX V&i',
Z LZZgzZ

X _
Wg76,
g Z

vgZ#,Z~Txg(Zq
-Z~~=
ZL)
L x % Z

c*
7b~g7]!*
yZn Y:tW6,yZZ
# @*
y~pZ LZ CZ

**
gqqd
W}gzZk
,
=
ZL L~ZX
HHy^tzt(Z

c*
G@*
r
# ~[ ~ b) VrZ~X
,Z }p
I
-dt ]Z|6, kZX c*
tqV Z yZ~gZ yZ~
H Za >XE
CZ` 4Z
q nZ ]#
Zg/[z ZV@*
s
# zQ%q
-Z~X 7|

kZ~gzZ s%Zh
+ kZ= c*
Td
W}skZgzZ
XV@*
gZ]Y Z',
KZ

*
*gz {tVZzh
+]
.kZp H~gYp!*
{g~=
ZLp
L
/Z

gZ%~}g!*
[z}apXCY7]!*
yZ

xZZ.
~~ZgXVg)
,akZKc*
Za zz}p

~kZ @*
Vg(Z e=
ZLB
L ~gYyt~ c*
{gtt=

2016 ~g 2 m] )x

D6,}gt Vg)
,yZ ~ Xn Y : s~ b}pZz
VgZ)f=
ZL L{ M **
y{gqqd
WLZgzZV@*
g(Z e=
ZL L

p{zapX ,:g(Zlzg{e~Z]#
Zg/{zV@*
t

kZ s~ CZ yZt ,g(Ztzg (Z {z
/Za kZ r
#

X 7
 g b

!Z Z`
 ~ZZ@Zig q1Z
Y 2015 14

(
(
:G
:G
**
X',#
Z i?**
]| X',#
Z <g?**
]|k
,
{g
A
$%._{gth
+i ~z vZ e
$?**
gzZ h
+i ~OY ~g
(
:XG
zgq ]|~[ZTZ{~ #
}
. ',#
Z y{vZ **
]|
: c*

wg Z Z
/[sf

: 4!*
E8~ZZ@Zig q1Z **
[x Hzx(
{gzvZE
M',
zvZ G*9gzix?Z

zgzZAjz \ M Z :
L [ZCZz M =
Z)x L Lq
-Z

pu"kZ[X @*
7q
-r@[ZX c*

ikZ x

. Zz\ M \vZX h ]Zz ]] a \ M wg (Z" gzZ


]
X =Z[g c*
} M } i Z=
WdYgzZ Cg(y{i Z
u@ZZ1Z

Xc*
M77F,
~kZL~w}X;gs2zbV6&{zdZ\ MZ

=g f VKgzZsL LX ;g
g Z Vg )
,}7hxz
+4 +
M 8z yjgzZ~ ~zcz q nZ ( @*
g ~ ]**
h',X) Vg )
,
X =g f

y{vZ
cZzg eYx {
Y 2015B17/| 1437#4

**
y{gqqxm,6,g~g Z)f Cg Z Z =
Z L)
L x ~ {g k
,
iO
Zgs %Z~ b)6,g CZ f 6,"
$&gzZ tzf
A &dTV ;g4

4{ c*
i ._g gzZg ],
Zs Z@ZkZ =
Z L L{z yZ ~ gzZ OZ = z!*
X \vZY
yZn J (,
M6,
g

2016 ~g 3 m] )x

wg Z ;

DZ **
Zzv**
ZX a ykZ {
/w
D Zh
+zYZ e0
+
i
w
DZ)y 0*
o

6,b)z BZgzZ n
pg |
# ~xKZBB wD Z0
+
i
{z X yZg

?kyxg}g gzZ ;gs %Z V- zZiyZXTg Dwg Z

Y H ]uZzz { i Z0
+Z ] Zz ]!*
.y Z ZjxsZ f gzZ y 0*
_
tp ;g
kZ V,Z 7 Z Zi%g\Z y 0*
g.Z
# t q
-Z : Y
c^
, sZ 2Z Za kZ T e *
*x axsZ f ~ y 0*
{z Hg Z Zp

{z Z
# tZz ZuzgzZX e: (Z1Y ~} ~g Z)f }g Z Z ~g2 Zj
{z Hg ZVz A ]Z W,@*
yZ LZ6,3Zz yj
jZaizgP~#
zy]
X M{@xp ]',
gzZ]Z W,
Z C2Z sZ

q
-Z6,g Q ~%rZ {z wj Cc*
z d y 0*
wD Zh
+zY Z e
gzZ xsZgzZ 5
B yZ ~ W~ZszZ Zg X ~ x Zu] }
.

X HW,
O yZBy 0*
DZ **
Zzv **
ZX wZ V
/zt GZ**
cggzZ [+ g
$uIZ vg)
,o

X g k
,
g x JZ L L{izg8X ' ` Z'
w5gzZ [_r
# {zX yZg
]z dX M
Z **
]|gzZ ~
Z **
]|

y ZX g c*
yZ }pVzgzZ ?yZ ZjkZgzZ tzf SyZ sg
* d~gz kZ wYZ {z Z Za ~ wj tz g @*
gzZ_z ]z
X g @*
kCB]
{z X yZgDZ **
Zz v **
Z X
H wZ V
/ *
0
+{
Z **
xsZ o
X ir
# gzZ { Zg Z q
-Z4z]
.Dt zZ
+<
L IZ~ y 0*
D z Y "
$0ZHKZ {z ~ V c vgzZ nz w y 0*
-~z
J

ghZzBxsZY f X z ]oVVzg ZD
V,ZgzZ g
ZgByZX g x Zu] }
. w dZ**
y 0*
L IZ t D>
<
X g
g~WVzgzZ ;gm: Zg Z',
: *z szZ

DZ **
Zzv **
Z X wZ V
/-Yqx Hvg )
,szcq
-Z ~%J o

x ZY fm<!*
V ByyZ~JXvg )
,
g Z *] gzZkF,Z}
.{zX yZg

$Z Z
g
/Zz X D Hx z x ZY fvg )
, o V : { yxq
-Za
2016 ~g 4 m] )x

X g yY Ng LZJ
-izg Fxj%r
# Yqg !*
g (y{i Z
u**
]|

yZX Z[c*
; !*
yZg !*
szZ ZgX vg )
,g Z *#
}
.gzZ i Zy
Sg Cz6,ZTV;y Zx ~q~~%Z
# @*

X g D i ZV {zgzZ

V*zyZ0
+
i
wVZ~C
q**
Zy 0*
v ZzpZ
)
Z o

gzZ\!*
V ]CU*
qd
WwV ZX yZgDZ **
Zzv**
ZX L~P qq
-Z R,

~)kZX M
hz { i Z0
+Z ]kZ C
) !*
}C
Tay Z0
+{IZ

yZ L]+Z [gvZ gzZ q


-B yZ0
+{ yZgzZ ~C
q**

X =Z[g c*
} MX N y
fz`
ZayZ0
+{ LZgzZ,(~kzZ
A

~
A ]YgyZ ,g*g ]N
wJ]}j%x \vZ
( g q1Z )

} M M} MX ,i Z =y0
+ :gzZN
F,

y 0*
gz WZk
,
izCg

ZgzZ ` Z ZgzZ V Z
 (X ]gz kZ ]: *z gzZ Z

V gzZ C Z ,g
KZX ]gzwq x Z: :z
/
b6,I
X Vc*
g Z)f CzI

]i "(,s]Z6, @*
X D Z^zg~ { Zg ]Z6,]i

q i
k0*
\W
/Z @*
C_ g @*
X ai)q
-Z **
ozi!

k0*

~T C]gz Za wj g i {zQ 7BWi

XE gzZR+A(

Zzit [ZgzZ` i Wg !*
g !*
BWi]i 5 Zg
]g gzZ y 0*

Tali )g f?k(gzZ ]ZZ X [ g (Zzg L LBW L L6,g

]i 73 Zg {zkZX 7x{z~wq]g{ $
+ ]gzwj

} t p c6f ~ TY wj {z Dt(KZ
X ( : bq~{ZgkZ }: gzZ ) YHY]i

VVz ~ X *
* J (,W]b!*
~ Vz],
Z yZ a wj g i

kZ X k
,
/**

**
VZ xt
_C
!*
/Z^ } ],

Z ~g Y ~y7 X u]Z
g @*
X #
(q
- 4,
}g *
*xlg7Z
ZyZ Zj
( **
g q)

X gg Z~ygzZVzIZgzZ
 (I Z

2016 ~g 5 m] )x

^] ]
*~i +Z[Z e

q
-Z6,
yW
W Z F,
zg Z
14D~zg]Z Zk& ZvZ$ Z**

,
F ] ] ( 7 4 )

( ZZ L~!
X @*
W ZZ Lali ZzgzZ @*
**
AXF
: q~ !*
Wiz9
kZ E . $^] (^_] (n ^re ^q] i *] (q] ni V]]

( . G3B+ Z

gzZ @*
WO LZg~ pWz s
 oZt6,]!*
kZ ~ !*
Wiz9

X @*
WBL~pkZh
+'
O ZZ L

kZ p @*
x| z c*
W~VsVz t~yW

X CYt~x|

( ZZ
**
AXF

( ]EZ Vsf {g ZZ L
V !*
i ZJ
-u D} ~ p AXF

: H7F,
gzZ {zgzZ H F,
yZx

oe !n ] ( 7 $%e %e $ m *] nm *] n i ( 1)
] ( 7 e %e m ]a a ( i^+m ]j$i ]fi
( 125124:yZ/wW ) !n(

x { i @*
g ZD
&[g Zg v 7a}g vHg V ?Z
# ( z c*
)L L

( ) {z gzZ g gzZ g x "


$U*?
/Z V ; ?
~g v V
}g@*
Z
V y
Km{ LZ
~g v V
g ZD
0*
[g Zg v W6,zZ }g v

$ Zg Za^gs W*
G
mohiuddin.ghazi@gmail.comX ] Zg Z[{G
2016 ~g 6 m] )x

( k& ZZ}Z )

!n ] ( ^*e % o(*] h^rj^ e$ %nji ( 2)

( 9:wZ )
G
'+
g ZD
q
-Z~ c*
~g v kZ g c*

[g LZ ? ( z c*

)gzZ L L
~g
( k& ZZ}Z )
Vg Z%}6,}6,
XVZz6,(

li ZgzZ ZZ

yZgzZ VWx yZ @*
~pli Z ZZ~VWx sf {g
( F,
X 7[Z+
H AXF
VW~
( 133132:Y ZZ ) !ne ^^*e $ *] !i ^e $ *] p$] ]$i] ( 1)
G
'+
~g kZ Y ?X " Vzq yZ Tzg e vZ kZ gzZ L L

HvZF, ~Z t tgzZq
-Z~F,
kZ k&Z Z }Z ) X zZgzZ V- 0*
a

akZ [WBs
# Zf vZagzZ z g e kZ L L:F,9 7._
( Z ~Z
gzZVgzZ Z( ) Y?X ZZ VzqyZ ~g v Tzge ( vZ ) kZgzZ L L

( X
F,
yz]z) ( ~ ZsZ ) ZZ ~g vVZgzZV!*

 g3 F,
sf~ VF,
Vz !*
{g

( g Z{
) X d
WgzZ 0*
a? Y c*
?TkZzg egzZ L L

( ~z) X ,, zZbg YX Y? c*
{zTk Qzg e L L
Freely has He bestowed on you cattle and sons,-(Yousuf Ali)

gzZ { Z w k& ZvZ $ Z **



HH z g e L
L F, ( Z Z )~ VF,
!*
{g

X zv
**
gzZWZg **
L
L 7zg eF,
9p zx

( 6:Y ZuZ ) !]n %*] ^q ne ]^*e ^*] `n $ ] ^ $ $ ( 2)


G
G
'
'
( k& ZZ}Z ) X zZgzZw ~g +gzZ N*
6,
y Z ~g !*
~g +QL L
G
'
yZQL L
( ~ ZsZ ) X , ZZ ~g + VgzZwgzZ,Zg v6,

 gF,
sf~ VF,
Vz !*
{g

( g Z{
)
VgzZV ?c*
gzigzZ6,
yZ ~g !*
~g v~QL L

-Z ~VF,
V{g
3 F,
Vzv
HH wF, ^L~q
2016 ~g 7 m] )x

[Z+
{ c*
iF,
w ^L V wk& ZvZ$ Z **

]]
L 6,
( ^%e)g Zz~e
$W* ( ^)tzzkZ 7qg p

th
+'
@*
Wa X ^
L @*
WawgzZwq{zt{ ]]L c*
W
y Zg7{z: ;g C ] ^ 6 y}ztp xt (
X YHF,

( 55:y>Z ) !ne ^$ e a% ^$*] fvm*] ( 3)

<g {
) X VgzZ w kZByZ t Dy H L L

( + Z

( y{ gZ )
VgzZw gyZ {zgwtH L L
( ~z) g Yb zZzw 7Z BtH L L

( ~OY) VgzZw yZ~* DwvtH L L

gzZ w 7 xt (Y 9{ c*
i3 F,
sf ~ VF,
!*
{g
X i ZV

( k& ZZ}Z ) X gZ~ zZzwyZ BtH L L


( g Z{
) zZgzZw D YbyZtn
pgwH L L

( ~ ZsZ ) D Y zZwy ZgyV- vtH L L


"
45EE
H zZF, EG
V~ VF,
VWV!*
{g t ]!*
Zq
-Z
E
"
45E
7
 g
@*
Wad
W0Z @*
WaVzegzZd
W zZX VF,
 g EG

XDwg eDlp[6,
0*
T
( 36:Z ) !^e % i*] ^ ^n ^q ^$ ( 4)

Z }Z ) ? T e *
* w ~v ? H kZ k0*
yZ
# L L

( k& Z

) ? T e *
* ~ w v ?H:kZ V; y(
) {z Z
# LL

( ~z
c*
Z@
@*
xs Tgme `n] o]w
~{ge
$W
(
X 7 gzZt (akZ
H: AXF
:
 g3 F,
Vzsf
D ~ m,
Z.
W!*
VF,
zg Z !*
{g

Then when he came unto Sulaiman, he said: are ye going to add riches

2016 ~g 8 m] )x

to me. (Daryabdi)
So when [the envoy] came to Solomon he said, "What! Are you
offering me wealth? (Wahiduddin Khan)

( 20:Y ZuZ ) !]v e( ^_ ^ ^ (e ^_ a a % % & ( 5)

[g}gzZ y ZgzZ y ZDq


-ZC
g gz6,} L L

( k& ZZ}Z ) 76,

ZsZ ) yZgzZ D ZZ yZ ~ ( ~E ) ( kZ ) [g \W L L

( ~

3 F,
sf~VF,
Vz !*
{gakZf s e ^_~e
$W

:
 g

( g Z{
)
~[g}yZgzZyZD Yq
-ZC
LL

[g}tg Ybaiy ( ~* ) Vh
Vz y QgzZ yS L L

( ~z)
7Zz1zg[g}gzZ

( 22:g Z ) !`jm ^$ ( v `^e a^*] ( 6)

( + Z < g {
) T eqkZ
 gzZVzByZ,gzZ L L
( y {gZ ) e
 gzZ}
yZgzZ L L

( k& ZZ}Z )
g ',Z',yZ
 gzZ} IyZgzZ L L

( ~ ZsZ )
g Vz
Zizg[%yZ nT
 gzZ} yZgzZ L L
( ~OY)
, yZ eYy Z
 gzZ} bTgzZ L L

gzZ liZvZZg ?~g


A Y D!*
pliZa ZZ 6,xkZ

gZzt(f
 gzZV]
A VgzZX C0*
7gZ
ZzZZyZC

kZDF,6,xC
,Z ~OY aZX 7ZZ liZ

kZ(C
xkZ w t z DF, 6,x
y{gZgzZ+Z <g{
X DF,
*
*c*
**
{z @*
W ZZV HxZoZ

t
yxgliZgzZ ~3 F,
g Z{
X @*
Wx ZoZ ~VF,

$g!*
e
t
kZVk&ZZ}ZgzZ ~z~ ZsZX Qe
$g[p
E
"
45E
liZLvg)
,
VtV;zf iZ EG
gzZw ~X] &qzOCW7
(~gY) X : liZx ~] VyZqLgzZDF,

2016 ~g 9 m] )x

^] ]
~ZZ@Zig q1Z

mb!*
bgzZxsZ
~w;
1Zx Z !*
M xsZ;gE- sZ Z ZB25]
gZ
/7~g {6,q b
gzZxsZ L L
[]
+gH ]Z|\ M 6,VU Z !Zj bgzZ xsZ ! > }Zz :Z
6,Uq
-Zsq
-Z~yZ~} ],
ZVpW6,qkZX

) ]Z
gZ
CY ~ * ]!*
t6,gx akZ ? x ~ : M bgzZxsZ H Ve **
n
~W ` M ~X > ogzZ y xg yZgzZ #}uz q
-ZbgzZ <

# !*
bgzZ<
N
g6,]!*
kZ
 X Vzh
e{^
,Y wZkZ
Zuz ZgzZ ~q
-ZX z [Z} (,kZ @*
Y c*
0*
6,gx W,
@*
x gzZ
X CuZzgzZ ]g @*
L
:
]gzz e
$ Z yZ + Y |yZ zg6,Y Z ]bt UZ
{ c*
i { c*
i 7Z=g f ]!*
gzZ VZ {Z
+ yZ xj wEZ yZ K
z]!*
Y Z9]J
-Z
# X g u~gzC
~ {],
Z ZbgzZ x **

G
bakZ @*
] G
5=g f Z (,
 zg6,yZ M 7~} ],
Z]Z@x
y*]]~ kgV;}g pX CYzgzZ%q
-Z ]

~{],
Z]!*
gzZ]Z@x]Cy
KZY Z]Z
# p@*
Y*
c J 7,6,g
cg bgzZ,gzZ
Hqzg y*xq
-Z Z,gzZ ]b '
z ]%]Z@xz ]!*
~gz kZb bZX
HsV4 Z Z
ct~kZ6,gm{X Sg yxg]z,gzZ]x MgzZ CY
? qzg Kg ZF~yZgzZ Hmb!*
=gzZkzCYg(Z]{ c*
i
kZ q {],
Z ]ba X ~g Y ` M gz y xgkzgzZ =gzt
gzZ ]Z@x]!*
i Z
# p @*
Y Hgx kZ Z <
ba
2016 ~g 10 m] )x

X Z!*
w q]g Z Z,{],
Z b=gf]
4Z bgzZ C0
+
K ] kz ]gz g6,]!*
gzZ q
-Z
~ X C M 7~zz x yxg Vz yZ a kZ X C]!*
6,Y Z z
qbpz
KZ }X
H0wj g b!*
~Vz~Zg: f

H: ~ e !*

KZ g{ ^
,Y wZkZbpzX qZkz zgzZ
5! Hugz,
.G
?Dx 9btgzZ HxEE
M yZ Hh~: M Y
IZkZ
G
z
KZ C0
+
K]!*
kZ Zkz
V Zb~ ? Hz L}!kZgzZ c*
~ e !*

KZX Z Z g {],
Z Zg akZ7s %Z yxg}g V @*

9tt ZuzgzZ Hugz ,
MgzZ : kZt q
-ZX Dc \ M6,V Zz~}g!*
V Zz ]!*
Z kz Zg X Y Y H 9 Z Y Za ! Zy

gzZ Cx
? c*
atZuzgzZ c*
y
KZtq
-ZX wZz ZkZ q
? Cx t( 2) ? Ht( 1) X D~gzwZg easgq
}uzqbwZz ? a( 4)gzZ ? t( 3)
X 7i gzZs %Z yxgyZakZX q<
wZz
Tt{zX CuZzgzZ ]g @*
zz ~uz W,@*
Zi gzZs %ZyxgbgzZ<

V[6,Y Z] V Z bgzZ Z qzx ]!*
~ \g- ~gz
z
 c*
ggzZ Zz3,

<
\~ \g-
z kZ Hi M ]Z@xgzZ ]!*
i| (, M
z ]!*
yZ ] I gz kZ mX qzg ] I ~ #

(Z : Z D
+
g ZgzZ Z6,]!*
gzZ #yZ}g Z
x <
]Z@x
Hx W,

@*
t T ;gu \ZgzZ s kZX , qz b N ZwV Zz
gzZ xsZ X 7R]Z@xz ]!*
~ ]xI gzZ # b <

xsZqX #bxsZ b0*
0*
m
H1k6,Z V
] zg6,]6,] *y M
7#L]!*
gzZb
y M c*

\vZ~]c*
M ~y
M yZ/w M >g Veb!Zj q
-Z~yZ ~
[!*
g ZgzZV*
KgzZ]c*
Ma( []ZzZ )Z[!*
g Z~s %Zizgz
 gzZ}iz
zgkZ%ZDzg6,
}izy M ] l]^] o jm Zz
^ ^e6,
kZzg6,
y Mz}i{z c*
g Z
e
$L Ls@
X H7Za " Z!vZ c*
(^e ] k
z gkZ |]g @*
t gzZ ~ ] z g6,x ] xsZ
2016 ~g 11 m] )x

kZX ~9]g qb~g7` M6,X Z


V ,
CZ]!*
z]Z@x
gzZ xsZ |s 6,gIt gzZ 7
 g *
*k6,gz kZ mxsZa
7 #~g bV&~gz*
*ntBkZkZX x ~b
H"
$U*
B/z b {yg
$uz y M
h
+gzZ yz
x 6,X U VpkZ X M t Zzh
+'

Zg
$uz y M
T
X Ve**
{g
Zs&z~y Z~W ` MX ]gz
X YHyiz wZ ZzwqZy
KZ ]!*
yizwqZy#
*y M

w ;gs %ZJ
-q
-Z {)z!3gzZ<
L IZ~=zkZ
HHnZ Z6,kZ
gzZ ]!*
O D Yxzng gzZ wa kZ 7q % gzZ
g ZlyZpVzgzZwb1X Y H7gzZ YYH7yiz
X c*
"
$U*
9Z ]*
! yizwqZ *y M
gzZc*
nZ ZkZ
Z
/

g Z zmvZ-xZ[._e
$Zzgp~g g VzntwV~uz
izg:eC
CY K-e
q
-ZBkZ @*
0*
gZ
~ V Z
#
z% Z e bzg~kZ}g7 &Z

# gzZX ~t[Z @*
7^g7g
^ ?HzkZ f ^ ?X/kZ q ^ @*
wZ \vZ
@*M
)zg ~D 3~$
+c*
(t n ] o]gzZ ?HtigkZ
k7,g Ig
$ukZZ
# ~X @*
Yc*
} bzgZ[ZzwZtX f
yZ b]!*
T @*
Y M g (Gene) {y b~ f } V
? Y Z e bzg~y
KZ
7bzt}D
zmvZ -x Z [._e
$ZzggzZq
-Z p~g gBN wVgzZq
-Z
u { {1C
kZ @*
Y~gzZ @*
Y~GZ
# %y
KZ c*

kZZgzZ Lg !*
{z@*
7+{$ZkZ1 gm ^`n f gr] X @*
Y
6,TgzZ C]!*
(Clone) yTb ` M ~ w}X CK
M F,
z {g !*
z
{g !*
z y
KZ {$Z f gr z g
Cx xq
-Z)
X 6U*
>
KZ 7z Z{zgzZX
C
Dy ]Z@x ` Zc^ zmvZ -x Z [ Bgt wVgzZ q
-Z
*Z ^] e fm gzZ @*
{^{z c*
Ctx`
kZgzZ Hf Yb Zwxq
-Z
]!*
J
-Vzg )*ZpC M ~]!*
Zz{^tX J
-Vzg )
c*
s c*
"
$U*
| Z b1X 7]!*
Zz M ~I~| l,
e ` M
2016 ~g 12 m] )x

X @*
Yc*
J
-Vzg )Z* ;; M]!*
^
x ~bgzZxsZK!ZjkZt \ M ]Z
g ZP~!x H]Z|
yZkzbX @*
Z
Z,jkZgzZ ] ]xsZ 7
5$
KZ V DbakZX g Y CgzZ CG @*
{
yzgzZh
+]x MtbZ xq
-Z \vZ gqZ
+Z gzZ
*
*
/YZ!ZjkZ U e
$L LOpg~{],
Zzc Z%ZX
=} .Z 9 y.zxEx
 \vZX mb!*
bgzZxsZ gzZ
X =Z[g c*
} M ,i Z

( {h& @Zi[ 6,
-:)
,
:t{J 7,
6,
'bgzZxs Z 'r
# ~ZZ@Zi **
[
yZ x **
K]gzz e
$ Z yZ + Y|yZ zg6,Y Z ]b L L

X x **
xjwEZ

{z Z~ g @*
gTbh
+]
.X g l|L L by{z Y:
X ]g4z]
.Z~sp~bu}gf}g f]
Z ( 3) L Lg {],
Z <

Cx ( 2)gzZ ? Hqt ( 1) L Lg {],
Z b

c*

'X
HkZ ( 4) L gLzZ

X g YKx %Kn
e
$Y Z L
L by{z * kZ

yZa kZ C]!*
6,Y Z z 4Z b C0
+
K ]kzL L

X 7zzx yxgVz

X q
-Z1 Z Zg {],
Z VzyZ 6,zZ
+Zz,Z : V ;gl|~L
L Ht 57yZb (ZJ
- ` W =
z6,
LtL !X z l|g
C YL L:VtD Z~aLZ
NexusVyZX Z97 ZLg z
 c*
g f
$g7gTz6,Zet
bn kZ v}', 0*
h
+
7(ZgzZX 7e' F,
(%
X f
e6,
gJPgzZz6,
Zv(C
M%Zz\g- D7l|)g f
C+Zb
8^
,Zg sKZ ZgZ
+Z ~ Zz q b
kZ~bs W;#akZ ? Cx gzZ HbX 7id+z c*

{ z sKZ ~}g !*
bi Z0
+Z7Z Xce 9 Cze t
# I0
X p"W ZzY~zg]c*

2016 ~g 13 m] )x

^] ]
*0
+
Zgp

?%V'
4Z V- X [4Z~]h% Z]hy
gzZ]ZgC G
5G3E
KZ

4 Z ~ |KZ <
{zp
/Z g C G
5G3E
X g uu}i V 0*
Z
+

<
m7g% ]hX @*
>b~ hLZ * ]

<
~%]hXn: M',{ kZ GIZ xX g
?n
pg
A & o kZxsZIZ HX ;gxsZ

w$
+ g ! |
i
+Z LX
q
-Z6,w ZZ
N*
ugc*
ELX 28

Za Tq
-Z kZ DZX 7X` YK Za ,ZzX
Hc*

X xz
A & L;c*
U
H1 Za
L (Zq
-ZXz yZp,~M%Z[Z

 { c*

iV- gzZ V/
{ c*
ipuZgp g Y Za h+Z VwgzZg DkZ

3g bVzg Yp0*
~Vzyb Za g1>X V
) !*
bZ

XVE}w!*
yZgzZ , Z

 { c*
i Za ,+Z {zX n Y
X ~g Y6,
Vzg Y ]!*
lyZkZX n Yc*
Z x
/{ c*
i

t @*
X g *]!*
kZ6,]**
Zz ]@*
m L X 7* ~g0
+
kL
Zn |
i
+ZLX @*
7,*
*g OZJ
-VzFa}"q
-ZX zgzZN

q
-Z ~kg
 kZ[Z!g !{zX ~}: Y ~pkZX
D } Z +Z ~ e [Z wEZZZ 4,ZX Y ~p]gzz Zp

D ~ ]g

HX Y Y Hg Y %KZ V- X $
Y Z e gzZ l
6,x Zp
g Y {z QH W a~ Vzg Y
/Z ? Zz WgzZ N Y Za g Y Zz% 1
 x
,
?Vg
\W w /G8FQgzZ Z hz~kZ} hfak
?t
2016 ~g 14 m] )x

gwVX @*
7w+ZgazZ}
.7ZX @*
VZ? ]C
b<

k QX q
-~ 0kZ [Z y
KZX ] g6,.
$zZ {z6,
kZ wgq
-ZvZX ]gzZ V 0
+
i~ H z!X H7(Zg !*

Zz F,
Z7kz yW[ZX {0
+
i~]tX ~x !*
i Z~gz$w+Z

~
V **
wg ~y
W6,T#
ZtX bV Ng Zzkz [ZtX} [Zz!` W

X ] tt +
M
KZ x ZgzZ ~]
z! Z',
ZzZ v W
!VJZ Q H

?g akZ H o yJZ& zZ ~sgzZ T Z',


Z

x W*wB; |
i
+Z LXg 7zJ
-Vzg YnZ
# Zz t

ta?Vw{z}
.kZ ?x WZzZ}6,wxHX ;g| (,s
kZ VX n {g7!*
{ c*
i ~0*
t?J
-
p
Hc*
uzgV Zb Z ?

Ty
KZ {zXny
KZ M Y7]!*
^1zgtX bZ eV1g Za

y
KZ6 pL )
,X **
7~g[g LZ Z b
izgZ)l<
~}g !*

HVNg Zzx AZ ~y
WX bz! ZZ9 W { kZgzZy
KZ~* kZ{
? {i Z0
+Z kZ
~ y!*
i b VM ]!*
t X _W]!*
c k !*
DgzZ kZ!*
D

yvV-X HgZ6,? ya VrZX 7Z H7)l <



4)l] G
4Z VrZ YYtX c*
-Z c*
q
gbX Z~y Zy] G
5G3E
5G3E

-Z @*
q
X e Y H7w+Z6,]X } kZ ? Hw2Z kZ xHX

@*
o ^Z ]C
b~ hLZ <
V ({zt X 7em,
/ kZ V (Z {],Z

X VD F,Z Zg76,
e{z @*
{g
Z<
sC
bX] xiV X
ayEZf 6 h
+
bgzZ*my Z kZ Z|
i
+ZL

X
HH)l<
6,
b]V :
C

p=a; c*
V!*
yZZg9 t)l<
X gzZUq
-Z ckZ
E
N$E
n

Cq
-Z]{zX ~x AZ~]
KZ D
Z7 t W{zX @*


 Z c*
y
KZ
/ZX p.
[Z ]|
i
+Z LX @*
? VE
K
kZX g"0
+
i bzg~ * <

 gt? H ZZ L<XY Z e a7
2016 ~g 15 m] )x

!*
C
k,Y (kZ p6,kZ
/Z ZX 7gJ
-kZ i
+Z L g6,
;g Y t [Z6,gwV? H] } 7,**
CtkZX CY7V p]!*
X
28E
28E
.G
.G
A &x`

 |
i
+Z
L et e~p~EE
/ZX @*

~EE
x`


e~p~kZ
/Zbx AZ gzZg ~]TtwZX Yt
?He
$s i W Q

c*
VZ Z kZ!*
DZ
# ~~,ZX h
+]
.D` W |
i
+ZL

Du[ZX *
c J (,W]!*
Z wD Z)X HVc*
]gzxD6 q
-Z u
] [ZX ]!*
}W ]<
VrZX n 7 ~g x

? YY**
g oa Z9(KZQwZ~
CX ~i~p

?~~gzZ H o h
+
]
.D
L gzC
kZX VZz Y J<
~

~D+
$Yq
-Z
zkZX <~ckZ {zGX m~7Z~yZy
L X3Z HX 7Zz1gtX Y T
$gzZ X T
$ u ` WX _

c*
} Z 6,u xD{z k0*
yZ H ? 1 a ~ D <

( * L)
L **
izgt)

? Z ew$
+~?5q
-Z t WzZ~hLZZQ

x Zk
,
i!Z Z`
 Z=Z
4&kg Z
G
0E
G

^
,
]
V-Zz M6,
}gzZ}uz)

( N Yb] Z~]ggzZ ~
gLZqZpX IZ
 @*
6U*
zg

X M
h}
 ZpgacZgB& **
c*
z
Y 2016~gB7:%ZuzX Y 2015c 31:%
!Z Z`
 Z=Z :Zg
0313-7542494 / 0323-2835307 / 0301-5797737

2016 ~g 16 m] )x

^] ]
Z?**

xZDh
+]
.
c*
CgzZ c*
q |
i
+Z L L~ LZ *0
+
gp[g *)**
izg

4E
58E
%~X g Y g h56,]:S]**
Z)gf8
-bZ 5H
G
-Z
~VY]**
ZgzZ kZ nZX
HHGZa
Malaria free gzZ Tnm{q
&
G
-G
Vzg YgzZ a~ VgZX c*
@*
Z kZJ
-ugzZ g]!*
6,q
kZ ~bu}g ZjVYo Vzg YX M
h o ~

6, Z @*
Y H `gXq
-Z ~ ]g[Zz wZ~ sf X i
: Zj!*
~w7 M

g Yx ZwZ {Z Zt~}g!*
kZ ? ^
,Y!*
~w7 M H :wZL L

H V- +ZXqg Zl{ c*
i|z kZ @*
@*
Y c*
Znqt{
?

@*
76,V!*
c*
VZ ZgZ Zg X ^
,Y !*
~w7 M :[Z

L
L wZ0a ZX V "
$U*
}@x c*
]o @*
6,V!*
yZ s

**
3
 yZ w'N t A
$
 g ]!*
t
/Z @*
X @*
7bZi

y;',)X @*
6,( g Y { ) V g Z g Ya kZ X ^
,Y
C|zgzZ

,@*
V (^ ) {z Za \5g Y zgzZg Y p0*
^ gzZ L
L F,: +Z

)6,~b
/ZJ
-V Z V ~ ,@*
aY @*

tZ@b t L L0)~bkZ X ^
,Y!*
kZZa^ \5kZ

@*
,@*
V ~ x c*
Zi M a ZgzZ @*
Y b
V^Y )F,: ~
{zgzZ @*
Z]
.Wz3,
akZtX ( ` Zzg Z
# ]!*
gz kZt)X

HHg Z Z : !*

{zgzZ @*

Z]
.yZzV gzZ 7 !*

2016 ~g 17 m] )x

( 532m9k
,
;Z ) X

x **
V O \!*
a Z
Hc*
~Zg ZZV
KZ~ [f ` M gzZ
~V
KZzg]xsZ @*
7 \!*
LZV Y @*
YY7

X zg <
c*
Z **
%:X s\!*
J&
~ *0
+
gp[ wVTX 7
-Z +
q
M
KZ ~g7 V % Z',
X g{ .Z]

3 Zga]!*
~
KZ zmvZ -vZ wgOX ' 7~xsZ

.0Zg ~ u 0*
$uX Z hg
g
( ]) zmvZ - : Dy }
? D H ?tY7 zmvZ -\ M XD~g 0
+
k~VzgLV;zv p=

4 D:t ?
/Z c*

zmvZ -\ M X D H ( **
a) x t Hn V,Z
x Z/Dy ~zZgX g ZzZa c*
Q|
# g c*
hg ( **
a) V,ZX @*

)~}g !*
+~Z
# X Vs~ c*

\ M Hf kZzmvZ-vZwg

Vz]!*
Zg KZ~
/ZgzZwJZ Vz]!*
"( @*
6,!*
gkz

g(ZZ {zayZ ( ~g 0
+
k)
/Z L Lc*

~g
$u~uz ( 23629) X V~
\vZ~ Z
# p 7~gz *
*6,]!*
( c*
) ~gzZ ]!*
F6, ~X ,
F

( 23619) X zxiZ V]!*


[s]Z f
E
/7q
t
/ZX
HH ze~uz (Cell) G
-Z~d
$
bZ

\vZ @*
X 7x:
L kZ
H3g: VY ~g Y M ekZt wZ 9

Z
Z zZ t Z <
L x X (Precedents) ],}gt ~

}]|\vZp C M~z uZ Z]ggzZ%~V


KZgzZ { z3,
~]**
Z
Vz x?Zmx M ]|gzZ%W Zz ]g Zj]|%W Zz%x?Zm
` Z[Z yZ ]gkZgzZ ,@*
\~g !*
g[Z c*
Ct Za %W Zz

QH Za ZX# x M q
- 4,
vZwV}" L L \~g !*

g ZX 7

bZ ( 59:yZ/w M ) X
H {zY :c*

Z
z ;g Dg eg gz6,kZ LZ !} Z L L :c*

~ ZM Vz yZgzZ H Za ( Zj ) `zi kZ ZgzZ H Za yYq


-Z" T

mx M Zj| ]gKZ \vZ Zx kZ ( 1 :Y Z ) X c*


;VggzZ Vz%

]gzZwZy M
X c*

7y]gikZ #
KZgzZ H Za zx?Z

:
L Y g ZD
KZ~ i Zz M @*
@*

7h
+z]gkZ @*
y
2016 ~g 18 m] )x

X M:7~gZ~(Application)rwZ6,kZYg (Z]g

dy
KZakZ
 g]!*
tX ]gzxZD6 *0
+
gp[
4Z g zZ 6 X [ Cgg i Z [Z y**
CG
5G3E
- ,X ~g z ~g Y^ g Z ~gzZ [
g, (Total Permissibility)s
# !*
Z ` M Xg D M ~zb(Metaphysical)

Z Z yZt[f~}g !*
kZ ?{yvHgzZ Hay
KZX

` MX c*
} V,ZdZSq\vZX q
(Homosexuality)46,
f5 !*
VzgzZ (Lesbians) f5 !*
V g(Gay) f5 !*
Vz%
X YYH7gkZ~Zy X }w (Transgender)
g zZ (Z ]Z Z ~gzZ [ Zz g Zz6,Z
+sZ t Z% xZ D

VxO ?
J
-V Xnty
KZ Zzpg =gzZ ][Z q
-Z Y c*
[Z
g} a
 !*
M + f
e x Yg D V0 {z m

[qxsZXggzZ g~gzC
g @*
vxO ?
gzZ u
, ZX

yZk Z ~yZgzZ VK~gzZ [LZ+ IZXce **


7g D ~gzZ

]Z5 Z]c*
M ~gzkZg Z gzZ ~ [
 g tXceb[Z j

t ~g Zf ~g ,,@*
b~gzC
M
m 7t x Zg X g C M

w ` M
/ZX 7x b + wZgzZ <
L zy M
,"
$U*
t

hu~ kZgzZ ]&\vZX $


M t ]g@',kZ ,}g Z
y
M
\vZ XZgzZ X 7o +t gzZ eb
ZZ c*
*
*c*
gVzi Zg
wDZ)X Zg g =
KZtwq @*
gzZ i Zg ]gt]|c*
bzggzZ y

h
+
x **
Z]t
E
5Zx g M
y G

g Z \vZ
zZ ( y MC
) gzZ c*
]g
 LZy M gzZ L L :

g ZZ ) X Zz
[g Z F b (Galaxy) V K ~g yZ b X ( 47 ]c*
( * L)
L **
izgt)

X N7c*
g Z +Z (Galaxies)N K

2016 ~g 19 m] )x

^] ]
**
y{g q

[ZzwZq
-Z?k<
Z E)Z
Z E)Z x Zk
<
,
i !*
WxsZW
n~SZ ~ y T
!*
WY 2015c 8Qg

7]
gZ
/._LZ~[Z]ZVg+qgzZ
~q
-Z ?k
{+)H=>X Z! n]!*
ZyZgzZ]Z~ wj i Z} (,X 5
**
k0*
\WwzN^_g \W L
L Zj
 Z',
z gzZ H Z Zt]
 ~y
W

~ \W ]!*
0Z w9Z c*
o Z)KZ Zuz ~Iz?kt L c
L e

iZiZ X~ Wo bkZ ]!*


vg )
,gzZ q
-Z X 0*
: [x

Y:Zz~wj LZ LZ'!*
Z
# W
zkZ ~pDg Z ]!*
.gzZ]
_
X'

0 q[Zz wZZ ~ yZ b ]!*


Z]ZX~ kZ

XgYK7VBZ]Zv
? H gxsZX wZ
gzZg (Zzg Z MZ LZ q
-Z z{]kZtg ~xsZX [ Z
X CZg Z
+Z:gzZ C7q
-~t m{ LZ
?
X wZ

~g7 h sx?Zm9 V2
H1aVyZ~yW

X [ Z

~x|kZakZ wat X H7wJZz!*

Yb Zz b

q
-Z%ZX 7Zzgay
KZ %\vZ I ( Zz g Z hw1 Y)

g L LD7wJh',F
FxsZVz
/I}uz {zV ~x|

x Z ~C
Z~ *X, \vZizg#
] wyZX @*
Y c*

2016 ~g 20 m] )x

Dg~zc h~ w LZa Zz + <


C
@*
X @*
Y
L L p
)~7]i YZ kZ xsZ akZD7I
L LaLZgzZ

I Vzuz Zz (Z zg sZ}X Y H#
L L~ i Z0
+Z

X $
Y~ Zw~k
,
~lZ 0*
bz]!*
.
_

?VY
}uzq
-Z~:W
yZX wZ

CtzzkZgzZ CY0*
~Vzg zc<
C
7~V se
$g Zz
X [ Z

]%ZIy ZZ
# X D YZa wq]%ZI:~V Zz+ <
C

kZX @*
Zatzg [b!*
kZ @*
g!*
#gzZ h KZ {z
/
~
C

/Z s<

ZV: VY s %ZIt yW
~K

c*
} : g Z
m xsZpi Zp{z
/J
-Z
# p kZ Xce *
*x Z Z kZ
x?Zm9c*
@*
7wJ}okZ~}:g Zt }o~
CxsZ

Xce *
*g ~xsZ ],Z Z:g(Z|
# I5hZz\ WLZ 6

-Z6,
q
C]%Zb!*
{zzz Tn
pg7pwZ kZ
ytk\Zp
X Tg D[}uz

?ZZa s %Z <
Z q
-Z z{

/ZX wZ
T ~ Zi Wg (Zz { Zg Z z ZzYy
KZ :
L Za s %Z Z
+IX [ Z

~zgzZ g ez i W~LZ y
KZ X c*
W~zz Z~ *zz
Zk
8Z!*
z hsq
-Zy
KZ~} ],
Z kZY { c*
i i Wz

t c*
CyW
X h
ewJnhkZgzZ 7g yJZ yThgzZ Z

X gg Z
',
bZ~*kZgzZzYZ \vZs %ZI
? Y0*
rz
+
M
KZx Z Z Ds %ZIHX wZ

V;z D Za tzg ~ "gzZ ] V


KZ s %ZZ}uz V X [ Z

kZ6,g
 g<

/Z6,gZpX
CgzZ Y0:
L kZ s %Z I

q
-ZgzZ}[g q
-Zy
KZ etz!*
s %ZIN YCZbzg ._
kZa}g ]zmvZ -X ,x Z Z }uzq
-Zw zZ \!*
V

6,C
VgzZ} 9~x Z Z} i ~q
-Z\ WX:%+4

B@)
/Z c*
CVzg zcLZ \W ? 7y
KZq
-Z {zH L
L c*

yZy~t\WX,X 8Zp\Ws kZ~{ g !*


vZy#
C c*
i
2016 ~g 21 m] )x

CZz'!*
 tX 7^

,Y**
kZgzZ **
h lkZ YZg +F,
+
$
/Z~k
B
X YYc*
CZtzg x Z Zz*V7 V
KZ}g 6,
R
KZz!*
s %ZI

aV Zz g (Z <
ZuzhgxsZ
rg6,+Z {Z Z xsZ Z
# X wZ

? gVY Zw]

p ]q * kZgzZ 2Z \vZ @*
x yW
X [ Z

vZ Zj~ Zi WI X D YKg (Z~ ]qm gzZ KgH

gzZ HpvZ: Zj<


c*
}om6,y
KZ~ * kZ y

kZgzZ &9CZ~x KZ \vZZ


# %ZX ~]i YZ kZV
KZ:

}wJ iZx {z @*
tc_kZQ
Zzt VyZ h )g f
 Zg { Z',LZ zmvZ - wZ Z X Yg D Z [ Z ~ * kZ:gz

Z e **
hgZh
ewJxsZ ~yZ c*

yy t0Vz
/#
X Yc*
O Zz (Z Y~:]i YZ kZ
ZD
+
g Z
rg ZgtZ (,q
-Z V X ck
,
i {yxgY fyXt~h
+]
.gz
)
zg X g Wt ; `Z V ;z Z Z
# Zz bZ f Zw{g
A<f i Zw]6,
V ZzhgxsZg D]2zu~gz kS

Xce~xsZ ],
Z :ZzBZgzZV, ZX 7
?
HHIVY4zB[IZV ~y M
X wZ

{z
/kZp ] B{z
/V){zt wZ xsZX [ Z

bzg {g(Z Vz
/Z~y M
~ zg wZ kZ X @*
~ zg bzg

] y M
~[k
,
 zmvZ - Z
b
# X e
$Z@pg]ByZ ._
g(Zi # W X c*
Mt ~i Z0
+Z Z sVz
/Zg kZ 7
Vz
/ c*
CZtzg yZ~ ]qgzZ ~g^BxsZ IZ H
X ~ F,
gg Z+
$Y)

1**
Z6,YgzZ7g a
 Z',zV gzZxsZ {z
/
~ y Z

gzZ c*
g Z
oyZZ \vZpg{mc*
~g^By ZgN[Zp

xsZ {z
/
s ',
kZX
JV Zz C
]!*
.4zgzZayZ
_

B yZ 7 <
yZ c*
w z y Y V D: wJ]
G&
$ M E
0B-. g)X S @*
{z
/
~[ IZgz kZ bZ ( 8 e
',iZgzZ]: r
2016 ~g 22 m] )x

zz uZ Z ]xIgzZ s zZ p Z}
.gzZ ~gZ $c*
, Z

df Vz
/
,Z~y M
\vZXDkC{mBV gzZxsZ

( 82e
$ M {Z
+ g)X H~iZ0
+Z
i: *zgzZ: Zg^0V gzZxsZ V2X[IZ, Z~~t

{
!*
SwVV c*

 ZjkZ X V 6,Zui **
Hg (Z

o LZV x Zz]sS M 0zlgT

X c*
g Z ZjyZV y Zz!*
_W Z
{ C s: ~

}~}iuSBszZJ
-wFy ZzY]l

/gZ yZ
# \ M
e
$Z@ t /~Z zmvZ - X g

s y Z ,: U~ k
B s V J
-Z
# SIZ a
( 4302g
$u3Z[zZ! Z)X Y: k
B
? YYH~y*Gq
-ZVz%\gzZyHX wZ
~gz ZZ X 7Z
+6,V ~0*
i zg <~A kZ X [ Z
gU*
W,Z~! Z0Z'X @*
Y HV gzZWV y*Guq
-Z~
[IZgzZ
HH7nZ Z 6,kZ ~gz/ @*
x X w
*
@Y H p ix Z V !*
%ZX
Hc*
~ y*GV Vz%
# {z VZ !*
Z
2Z zx Z igzZ ]Z NZX{z
/I ZX CZ KZ kZgzZ

C CY g (Z CgCgZ D
+Zav q Z 4,
b!*
TgN Z(q
-Z

Z y*GaVz%LZ Vz
/I Z ~ g @*
U kZX
X r~~0*
kZgzZ Hg (Z V iXa Z

**
q
-~ ] c*
*
*] ~ V] }uz q
-Z Vc*
V X wZ
?

Z V({z p kZX
Hc*
gZ
K}i ~gaV X [Z

~KkZ m]~KV [IZJ


-VX M
h ZZi:
~tKVyZ]iYZzmvZ-OX
rgtzg: ZgZZzgiZxsZ
ri*
*g(Zwq
-ZA kZ@*
X Z ZiKZ6,
jLZ ~
V
 gzZ CY0*
L {~Vz
8
/IZjV]X ~zg

kZce**
VZ Nt{Z
+]iYZkZ6,
akZX C7q
-Z R6f
2016 ~g 23 m] )x

c*
gZaZZZi~Gq
-Z~kYZ
M /]|X YZ9:X Z(,
gzZ
X ZZi}gV, : hCZ(kZty}^W
&
m Z Z ] J
-V
gzZ Z%m LZ ] ~ <
C
/GG
Z jkZV; xsZIZii }X C~gz~0*
XDj

] %ZX $
75Z Z ] ~ ]g+ZC
X @*
Y c*
0*
V; V

/Z~yZ *

*]YozkZ c*
**
t vZ }7 Z%mmXj, Z

(Z : ~kZ`IgzZe **
q
- !*
Zz + <
ZZ

X 7`w~

? HxsZ0V-
b!*
V)gzZV X wZ

aV Zz + <
Zv {zyZgzZ[IZ~<sZ ZjkZX [ Z

**
3
 g Y K %f Zz + <
}uz X KgHx Z Z Z

p
H3g7^
,YaV *
* b B]gc*
% ~yZgzZ x Zw~xsZ
u 0*
y ZgzZ YYc*
3
 g YK %fyZ ~]i YZt0[IZ
q
-~<sZ]i YZt ( 5e
$ M {Z
+ g)X M
hb %y VgZ
7ZzgkZ <Vgyp M
h b &Zp[IZ %y

X ,~
Vz%<
}uz {zV 3g
?\c*
Y|Vzg zc[]|X wZ

|L L6,gx kZ~ V a kZ c*
Wx **
L}
L a ~ yW
X [ Z

\L La LZ]Z|\%ZX @*
7~fV U c*
$~ kZX @*
Y 1
wEZ |L Lzz Z
/ZgzZ hyZ DIwEZ

Dx Z Z ]!*
.IyZgzZce g w kZ @*
_
g
/
g Z **
Z c*
@*
g
Xce*
* c*
x **
L L\L LZ

? ~xsZ 7,
`WX wZ

-Z yW
c*
C gzZ Zz z ` W yW
X [ Z

KZ Z ` ]xKZ yW
X c*
W 7+ * ]x
6,RdaK~]g @*
yW
U kZgzZ @*
76,g?
Z

gZz |kZY fyX q q


-Z { .Z yZgzZ_` W
X g D{ .Ztz~]IzdKZgzZ
2016 ~g 24 m] )x

7p, Z6,g]g @*
]Ygqx yZgzZ`x ~!*
`V

gzZ yW
Zj ]x
/Z Q Xn Y B OZ}g7 yZ sY m
CZ
Y f} (,~ d
$
X 3 tgzZx0Z] Y H.
Y m
CZ `

gzZ H_ `x yZ Zj]x Z + xj%~<%ZvZ Y z **


}
X CZz|kZ

~yZX 3 C
y~Z {gGgzZk
,
~Z {g
HWZZ
+X wZ

?Y~ F,
IyZ c*
t VZ)o kZ WZZ
+~k
,
~Z {g
HX [ Z
X }7g (Ztzg: Zg Z+
$Y~KkZy 0*
 c*

ggzZVpb~g7t (z

~} ],
Zy gzZx aV Hg Z x kZ V,Z~y ~Z {gG

y Zq
- 4,
}X M~/]|:%+4X ]x~$
+Z xsZ*u {Zg

~A <
z + axsZX
 g!*
(KZ KZ VzgzZ 7 ~V!*
Vz

DCgzZ I Vz
/) Zz ~ y{zakZ7b n

hz~ V
M
/
u(gzZ CnC
D Zc6,<
LZ)X @*
Z

{zgzZ D 76,yZ 2Z m <sZX M


h Z Zg Z CZ ~z b #gzZ
X Zi Wb~g7ax Z ._]xIKZ]5LZ

}y gzZx oe
$ZZ
# OX qe
$Zyo h

{z hte
$Z:X } ._]x<
yZa~ !*
WZ o

t ILZ e
$Z {zce**
htVZ:gzZ}~0*
]ILZ6,
Z
K Zz ~ Vzk
,
{g KZ U Vz WZZ
+X ,c_ ~g Z',
 ]Zg (ZgzZ
@*
Ct y ~Z {gG gzZ $JDt (z IV Zk
,
~Z {g
HX

kZ c*
s <
LZ }ugzZ]z
 ( KZ Z
#e
$Zy

X ,7gZ',


2016 ~g 25 m] )x

l^] l^u
/Zg Z

 ( Z]

.Zz}
' 1 x M 1x M L L

X bVz6, h 6, kZ X ;Q }} ha u" LZ sm

X {C Z}
.X C3 3Z c*
Mt X ~ F,
Z6,}i b M X Zg egzZ
yZ0
+{V Z0
+{X c*
'C
!*
VzyVV X 3Z f Z| m
6,VWv

!|Y~V {
Uk\ ! { M1X yp
KZ~yZgzZ g'! g Y f(,
k\ ]
.Zz}
V Zzpg {oz6, ~
~ ~, X A } (,} (, g @*
X g7

6X
H7, ~p L Lx **

X
HqzVl
MV-g 0*
X c*
~ M

$
+q
-Zyp6,
x ,g @*
]
.Zz}X 6: ~
` MX [ZaZ}
.
! Yc*
V Zz7
-Yh ! } a
H HZ
# !!X 7 Z
5g Zy ZZ xWz6,t V3g ]
.Zz} ! t V\ M

]XN Mg !*
g!*
}n1 {zX,Z}n@WZZgzZ ~Oa+Z b &
X 7y
M $Z Ti M ! i M tX }7]e
$f ZkZ

~W
n.
$e:X
HHL ZD
 ;gE- J e Z
# ~Z Y 1969
x X

 [pgzZhhZ ~g ZX ~g tX q Z
Wz6,X c*
ggzZ k
,
WZ xWz6,~ q Z X @*
5 {z 0*
!f
{zV; ZzY ~ XB; 5 x3,
X c*
0*
B +Z ]5 Z
# r
#
y% VZ0
+
i Wz6,X Zw{w} WZ x {g/ S7,{zQ ! n
pg

;gE- J e V2 WZxX ~4,


M yY yYgzZ H: Zg Z **
yZ

:t
K:
zg Z@t y{Z
1WZk
,
iz w~R,
w2- e:wW
n
2016 ~g 26 m] )x

X Hc_gZ
y!*
i

L~ CT
Z kZ axq
-ZX C] D yq
-Z ! 7ayq
-Z

VX hkZ#
~t zgzZ > Z~]!*
NZY 1970 H7
t gzZ 7V;z V Zz
~ y 0*
! fgzZ 7V > Z
z kZ
q ! c^
,Z7yc^
,Z7X N Zz! c^
,Z7
Z[pzg[p **

~ t z Kg 0*
~[VzX ;g M 7 }Zc^
,Z7 ~y 0*
` M

| (,
urkZ~8 gzZy'X#wkZ~|X g#

/8FgB;6,w ? Zz% 1_~ zX 7
**
Z } wgZ: Z

q ! G
e],
g~g Z MZ yZ- Z ? !*
'g Ziz
 Zg i ~/z F,
]:Z ]g
$
+t L LH ` M @*
y
KZ @*
:y 0*
? VVf
$zg
! c^
,Z7 t C[Z !

` M 6,V Zz B ` c*
6,V Zz s %Z (
z kZ oq
-Z y 0*
#1
Z

/Z ?Y7s %Z ( > Z ~[ Mt H ? Yx ZZ ~g Z

+Z b &Q ! 7
/
7? Y Y Hyj> Z6,s %Z H @*
C
Y {gy 0*
z @
z kZ ? Y Y c*
ZIg Zzg]bV Z
 (}uzgzZ@WZ Z ~Oa
ZOV Z
 (6,#g~g Z]
.Zz}X $
Zg ( q
-Z oX : }

7Dnt X H ]gkZ i M T e
$Zzg 7
- q
-Zt X g g
! O6,Vy 7 M ~y
M ZX [CZyptX
yZgzg **
zg {~A kZ
) ) (I q
-Z {V2z yZ ;g
Hc*

~glVo) ?gVY yZ ?g{ {zX Zzg**


{]Z|

0
+!*
t VjZ Z
z k QX ,6,
z 9gzZ 6,
z 9

g X u **
k\Z *
*: BSg
zkS gzZ (Political Myopia)~(
qX H ? -Z

/N ;_,i

( * L)
L **
izgt)

! ! ;g YZ ~w ! ~|0
+
~PVZ_yZ

2016 ~g 27 m] )x

l^] l^u
Lzzi
+Z7y

g Z Zq
-Z D{ !*
Z=g
o6,
y(xj%)Lzzi
+Z{ !*
Z=g~r !*

;ggf iq
-Z

! rg yJZLLB~X PuZ 1977~g 10t X Z kZq


-Z VZg (
vX Lg c*
~ f Z
 (']Zg: y:X @*
xaw4Zq
-
z
Z {
{Z',
uy 0*
Y f X DwLZ V Zz W} 96,} i Zzgr
# { !*
=g
g {y{ z HV{Z (g) g *ZQX V;z ~i*gyZ**
gzZ Zg
-Z Zg^Wz6, sZ
q
) ) V{xZgZugz WZk
,
iz . ZiWV{sZg7
gp
/Zp{gr
# cX Wa
~kZ?**
~y
WgzZ Zg
;gc_
H ZxWC
!*
yr
# { !*
X gzZ yZ1~
ag HyZ W6,
Zg^Wz6,
zx

QX ,)x s Kg0*
Zuz BX Bz~ ]!*
NZ s Kg 0*
) x ~ ]!*
NZ Zz ~

X 6,
ezgk-ek ;>kZ RdZ VZgx yz HyZ
kZX c*
Wg V;zxWq
-Z V
KZ {gyZNtk ;>Z
# yz
Zw4Z q
- HyZ VhP VrZgzZ g Z%{ !*
=g O g^Wz6,gzZ Z

gzZq
-g {sZ
) ) y 0*
Y f xsZY f > Kg 0*
D
wkZ { !*
Z =g~gzZ { Z',
ukZ?X [ 0*
Z 6,( x **
)bZ
L Lx **
Z ( kZ X V ~R,

x X Y P.N.A ~ ~ m,Z & Z y 0*

Zg~g@a ~v YH~kZ Z g V~] !*


NZaVo)
X
HHgH 34%a J.U.PgzZw4Zq
- @*
X 6,
{ ;g
ug 0*
c Zx * Z y 0*
X 0
/
% Z L L_Zg~g@a Q
E
4
7 g8
.2GF
X V.g vgzZ ~
 Y ~x E
-eg kg - e WT Z~
G
y Z~r !*
**
g* ZuzX H7wEZ x L LgH~8
-eg kgkZ
w~W
 7 ezgw X71X ZZ r !*
**
X Z~]g ZN Zz

2016 ~g 28 m] )x

*kZX kWq
-Z Vl6,J
-}u Zz g **
ZzZgzZJ
-}u~y
W~> I
Vo) J
-[ ZX H[ +gHvX BZk
,5
+ V{ z HgzZ V{Zg *Z~
V X Z*y1Zx~ Vs9q
-ZX` g (Z Z Vzg * L L{ Z',
ut
X 57G
gc_ x L L
qzgzvZvZ 6,nZgzZ c*
{ x L L{ !*
=g~izgq
-ZQ
Dq KZ Lzzi
+ZgaZ g
CwZkZ
VZ~ "M.D.R" [ Zz
J
x Z*
*
 g g @*
X c*
VZ~ F,
F,L L[ KZ ~5E
wZgzZ c*
G4&c
X V ;gq
- 4,
y ; w4Zq
-gzZ Z y 0*
~V ;ga kZ q
-ZX 7
X
Hc*
7t 6, YspJ
-Z **
gzZ FX V } Y
z HgzZ V{Zq
-Zgz6,kZX q
-(u Zuq
- Zzs yZg 3Zzf Z
q q=Vzk
,
KZ} x **
x L LZ{ !*
=g6,g ZX ;g V {
&q
-(q
-Z ` s 0
+J st X 7z {)zg Zt 1
-Zzs yZg 3Zzf ~k
q
,
KZgzZ 1 wk
,
g yp
 /ZY M~
H H6,x **
xsZ /Z Y M kZQgzZ X p.
{ z 5 / _
.s Z L L ~
X { ZkZ g @*
X X: XZ L LkZV c*
iz
~y
Wx {z Z y 0*
~[ Z1Z ~y
W
HWY g gzZ L L[KZ Zg^Wz6,
{ i Z0
+Z ! lN] ]_yZX
H t Z6,XgzZ K 7yZg 3Zzf K 7]]_
Xq(]]_
 X 7
c_ (Z ~kZ YYc*

[ ~R,
r yZg 3Zzf WZ k
,
iz X Vg @*
f x Z { !*
=g ~ y
W[ Z
R ~{ z s ()q
-ZX c*
6,]~k ; WZk
,
iz7Z)g f*B',
Zg 3ZzfX
H` 3 **
3k ; WZk
,
ize% Zlp Z6,Y] kZ [0g7
{ !*
=g'X @*
]Z Z q
-Zsa q
-~(,Z 7Z Zy
X c*
Z
/
**
Z
/
6,
}i c*
W, zZ
yZgz kZXbgZ
/~h
+ F,yP r
# { !*
X W~z {z J
-x Z]5
ZgZ {
**
gzZ V{Zg *Z V
H6, Zz ezg@~g]ZVx~izgq
-Z
X b W:g0
+ZV:~J
-Z
# gzZ Y} 96,} iZzgC
!*
= r
# g *ZX
rg Vo) Vz y 0*
Y fgzZ Z y 0*
{ !*
=ggzZ c*
3N Z **
3Pz Vz
( L LX c*
k0*
LZ 7Z VZ+( L:gzZ H7s
 (Q { !*
=gX c*

~ZgzZ !{C Z}
.g D +ZX c*
hg **
Y~g!*
^gr;gzZ gzZX {g0 Zi%
X
rg[
 Vk0*
kQ[Z wqZ~LZyq
-Z

2016 ~g 29 m] )x

l^] l^u
*Sy; avZ1Z

;ajZ}
y
.: Zz6,
!*
)y;ajZ}
.0jvZ0jZ}
.: Zz6, Z
/
Zz}gzZ}! %}
Vpg "gzZ t Z: ZwqZ LZ VM ~ ]y Z (t Zg Zg
X Z hgx **
( CZzz
0*
~E X ~g7g D I{
x ^y;a Zg J ~ 1944 ] z yZ
ZzX q~V Z LZ {**
u 0*
yW
X q~J ZgV LZJ
-Vo)
| 7,) 0*
wjZgzZy M
{**
XgzCc*
Y 1Y f%Z:!*
xH
XN Y{zzz] }
.yZyZ ~ [g LZX ,x Zu] }
.g.

Z
# X wyZ 5Z Z zgzZ0*
> &zxX Zi Z Vp u 0*
vZ
~g[g LZDg f Zfi~g X _7,zJZ]Zgx HZz el
zs=Z [gvZ D y.6,~X ]ZZ [|X _ N
-
BG
Zq **
]|dY~
E
; vZ **
]|[Z mk& Z yZX D Y
KZpn 0: :
L p
',z ;Z X H;[p yZ X
X Hza zZ
^^/_
.g0
+ZyZXiZ[~
 ZggzZ mZX ~g Z *0
+
i: Z@W\W
Iq- xsZY f ~$Z Cc*
2007XgwdxsZY f X ZZ
ZzX Ix Zw,Vzk
,
ezzz T gZzyZ w ~ {
x^g7 g D
x IgzZ Y) X 7g ZS
n x Z
/
z6,zuLZ {zp
Hc*
c*
Zg er
#
Xbx Zu! |ZlpgzZ#
/Zz!*
#x x pZ 7,
*
* o #~yZK
yg q
-ZgzZ]
.)z~ V LZX ykg Zz]
.)+F,
Z
 0
+
i yZ
V KZ6,
 V }g KtZKYXtg YayZ c*
Z
J ZgO Z SvZDI],Z e *

2016 ~g 30 m] )x

K0*
{)z]',
gzZ CRK C]Zy]**
kV Xg0
+Z!*
y5K H{gt V Zz V X Y yui Z K Z w Z
/Zz X M ~
KQ gq
-Z
/Z k0*
\W X e
$zz]YZy
ZX Y
6,]Z f vZ { LZ=%Z 7g Z k0*
} c*

r
# ZzX , qzx
[gvZO X N J
-t0*
x kZ ]Z f z Vz qzx x **
Z X z
{ ~KZX 0KgZ0
+
q
-Z gzZw{g !*
kgzZ c*
qzx x **
=Z
X Hi W
H>v Wvd
$
KkZv W~y!*
iS )X Z6,
K Zz
kZzzkZXD
5KkZX x l
/ iX (
H7,"K Zz "x **
XD Zp#
Z {zVX c*
Zzyr
# Zz}u
z 5ce **
g q
-Z~ V Z hr
# Zzy]
.)
~ Z
/Zz(Vziq
-Z ng Xn b &Z Z
+VgzZn
M F,
I
N ~zJZJZ]Zg Z
/
ZzX:Zg6,
(y(X ^zg~kZp
E
"
E
M k0*
r
# ZzpM1 xj% ~y (gzZXwJN {z \vZX 4
[z`g 0
+
i[Z c*

r
# ZzX Wzag\W(t gzZ
EE
"
1

Hg ZZM xj%X V ZygV


Z~gz$kZ}[ Z Zz
QgzZ H qzx x **
vZ r
# ZzX *
*yggzZ h(\W
[8
 ~0
+
iyZV- X
Hy Sx Z+t ZgZgL L{g Z Zy1Zxq
-Z
wqZ Z "gzZ~y
WyZ
XtgYayZ tX
H0k
,
i "DZ !*
~g Y J
-]z yZ Y 1981 H qz ZH ~ V LZ Z
/Zz
+@Z x Z : f .
t ~X D p=Y hg [gzZ|~ V5yZ X ;g
{Z e **
]|xsZL~gg {
vZ**
]|xsZo Kz%Z {
**
]|
]| Kz%Z {
Z ` Zu **
]|[ !*
W q g-Z **
]|z%
X {)z[DZ**
]| Zzu**

i g .
]z ~g Z*: Z@WgzZg Z0
+
0
+
i \W bT :]c*
W]]z
i [fY 2015 ~ZB 2]z X ~ Zj ,
WyY yY n
pg~}>u CZ _7,
Lg}gzZ szZ Zg~< Z
/
Zz]|X ~}>g_7,
{
ZGq **
]|~ Zg Zg {g Z Z { yZ { i i X q
-vZ Y
X }W}(gg Z KZ7Z]+Z[gvZ X J 7,~g g
2016 ~g 31 m] )x

^ %u^f
*h& @Zi

:gio Z
ZztZ
[Z
 g [ZwZ
7b zai ZQ%q
-Z[xZDIZ yDqg
? b ZzYG7~KkZX 76~KZ sz^~
gio Z
ZB
zY wakZ
8 CY ~t?q
-Z }X V { c*
i
X *
@Y 1k6,bZV NU*
Z~?gzZq
-Z bZX CY ~gzz
X @*
YH7tbzyZ ZzYb~h~k
,
kZ
i Z0
+Z Z]bZa y t
~bZzgzZ i ZbZ >h
+]
.
n kZ
8tZ CY~t? q
-Z~iZZ~c^
,ZgkZOX y~
c*
^Y^ I "~"g"kZwEZX U*
ZY ^
,Y
zz ( depreciation) "
X ?q
-Ztni ZZX ^
,Y
8tZ ]YX U*
ZvzV kZ CYW
t{zX D?q
-Z ]Z| q~h W?kZt]!*
}'
p
ggi CYWzz wEZ~g P U*
Z ^
,YakZtZ VN U*
Zv
/Z
Z "B
z~
[ZgzZ?kZXce**
^
,YtZ kZ Z CYW "zzgio Z
gio Z
ZX
Hc*
$i]ZgZgio Z
Zz Z
P U*
Zg~?
X CYZzt
zZDmgzZ

gzZtZ

gkZzz
i Z Zy k
/ZX 7
P U*
Zi Z Zt]!*

/ZpYgkZZ
# ce**
^
,Y~]gZstZ ykQ **
Y~
ykzgkZ 2Xce **
7^
,Y
8tZ kZ~]gkZ Y| (,
gkZB
!*
WxsZ9/11X @*
7(Z 1C
~kZ bTce**
ZstZ
zahid.siddique@s3h.nust.edu.pk: !*
WxsZ ;gE-d) Z%Wz6,
kZ *

2016 ~g 32 m] )x

!*
WxsZ9/11 Zt kZ H ZZ { c*
i~ V- Z~ Vzv ~

6,gZg ?!{ c*
i~Vzv]2Z
~
zz!*

gy k}P U*
Z eOCi Z0
+Z W,
Z 'gZi !*
{z
X ^
,Y
8tZ kZ QpY| (,O zz VyZB g
/
wEZZ e Lg ~g z ~g Y wqzz 2Z ~ ]
~
X Y c*
}6,Zc*
Y c*
hgg V-g~ !KZX U*
Z {z e }: c*
}

i "gLg " kZ 7t kZ 1 gg D ^Y ^I {z ~ ]gC


:gzZ ( C 7 itY ) **
YW~gwEZ : i Z ZnZX Y
nZz!*
~
/ZX ( Yt
g gs) Sgwq {z @*

X ^
,YwqtZ eZ A
$:
{Zp{ ~kZwEZy Zgz
X Y Z Z 7q kZ ~q
-Z " "ZgtZ
gZ
',6,Z KZ{z Y kZ Z
# tq
-Ze'gz VZ
0*
,
k
z Y Z ~kZX @*
Y W~VZ kZ 3 Wg:
stream of ) ]=Z sgzZ 0*
,
k
7~g yZ zz T @*
( durable)
'Y7VZ %q
-ZsY Zt `
c*
~h }X C~]g ( benefits
-Z Wq
q
-Z e%q
-Z7 ~]gX SggzWJ
-]sq
-Z
~uzX YxznskZgzZY7ph
e7g!*
g!*
3%
E
X e
87VZ %C
Z <X e**
qg!*
g!*
7g!*
-a~]g
q
X ZZy
 {@ |
# z
zh
+y

Y ZZwzZqZ
L LKZ z!*
VZ e
8tZ Z C
WkZ

 k ~k
,
6,gzz 7Z f n kZ W
/Z Xngg Z
', ]g
YtZ yZ Zz W[Z N Y:Zz WV[
RPgzZ **
3~~k
,

', WVZ ~]gkZ


tZ " W n3 "~ kZX ;gg Z
Z"tZ Z Zz :X Y7
~]gZ
# X U*
ZX CB """P U*
wEZyZgz 2( *
@Y16,ZX U*
Z n Z ) @*
xz( )6,gIakZ
E
"kZ "Z <X C#
gg Z
',
m kZ r$
+7]g P U*
Z
a $
Y 6,wZ Z ]`
Z y
KZ X CY b q v 7
E

%C
nVZ %C
kZ Z <X C6,g]=Zs
A &~g ZzZa y
KZ
X C7,
*
* Z Z ( tZ)]`
Z
2016 ~g 33 m] )x

Y 1: ay

-Z
J
# Y7etZ Zz ]!*
t ~ zg W!*
`g
et ~ ]gX 7e**
VZ kZ ( Y 1: sp~ ]g~uz Z )
p]Z &
+pY 1tZ P U*
ZkZ Y Zh
+y

X U*
Zc*
0*
,
k

+" Y
rg 7ptZ
kZ 6,Y Z yZ ~gzW kZ 7gzW "p]Z &
" ~g tu& ( liquid capital )tuw( 7X CY ~h
+y

6,
?kZ yZD]!*
Z]Z|X !*
Z **
gzWsp~"u
W @*
Za t wZ {N
)" ?g Z pp " " 6,uw(y
n
~ "u"q
-ZtZnZ ? H " "n Z "
-Z Zz Y 6,uw( ( ) Zz Y H6,
}uz X ( speculative) q
Y 6,n
~ 7 ( formed capital ) P U*
Z q
-ZtZ~ V/
-ZZz
)t= **
7 ( unformed capital))q
ZzN
hq uw(~ y!*
i ]c*
gX e )( ) 7 P U*
Z
fixed q
-ZtZ u ( Zz%$
+6,g)) random variable q
-Z
k6,ZVN U*
Zn
~]Z| X ( Zz%$
+6,g) variable
X $i variablesc*
]ZgnZz {zDi Z

gzZgio Z
Z

"zzgio Z
Z "B
z~ggit?q
-Z]Z| q
Y kZ~g~kZ xi} g6,n
g
/Z Z CYW
Y iZ? tZz Y~~hX Yc*
~z)gio Z
Z i Z Z
Y c*
VY" X 7iZzz gi o Z
Z zg ~
@*
" gzZ " e **
sf `g~ KkZX wZ mc bi ZX ]Z Zzt "
:szczg]c*

zz ( F,
nwq: i~w) positive time preference ( ( 1
g n
X 7 !*
ykZN

hsBzg ` Wt e **
Y H
*
*sZ~ wgzZ x **
v~ wZgZS
n
A &N
h ay
` W
wq: i~wX e 7 !*
ay

` WZ D)a
( marginal utility of money) { Z gi 2 D) w F,
tn
supply and demand for loanable ? kZ ) X zz Y
X ( CW~zfunds theory
2016 ~g 34 m] )x

*
@YHg !*
zg gzWagi @*
YHzz
A &~g ZzZa u ( ( 2
<X
Y1 o g 6,n
kZ Z E
theory of marginal ? kZ ) e **
( CW~zproductivity of capital
kZgzZ=g f ( utility) ]p]Z &
+( liquidity)giYce **
Y 1akZ ( 3
liquidity preference theory zg kZ ) Xce 7 ggz
X ( CW~z
gio Z
Z ? q
-Z ~VyZX ]c*
} (,&i Z]c*
!*
`g
e **
C7Z gZ
i Z Z Zgio Z
Z]Z| X 7Zz
X @*
W~zt
KkZ2 @*
gio Z
Zi Zzzzg
*
@Yc*
0*
m~gzZgio Z
Z ._gz ZZ c*
we d) Zz
Gh
+]
. It~KkZ
7Lg kZgzZ @*
6, z Y7?
 g~X
h Z Zg Z yy~
Lg " gzZ " Hi Zzz " X ]Z Zzt M
6,

C*
*%Z kZmwZX ]Z Zzt" @*

X e **
Y 1 kZ6, T +Z~ kZ ;g Y 1 T ^
,Y
~ kZ X Czz q
-Z ~ &I~6,zZ
C {N
X 6,( b) 7 |
# z
zh
+y
 kZ~ Lg %Z kZmwZ}uz
7i Zzz 7 kZ M
hi Z0
+Z W,
Z gZ, Z 6,7 Lg
7i Z 5Z Z ]`
Zx Zz i Z0
+Z W,
Z6,]`
Z Lg bZ !*
t X D
C'Z Zgio Z
Z @*
W7xit"(,
c*
Bq

-ZgzZgio Z
ZOX D
'
17 ,V X s Z $ igZ Zz ~ *
*7 ?t
: @*
gio Z
Z zg we ) Zz
Gszc Zz %Z kZ y Z ]
g Z6,n
~ It nZX @*
Y bg Z
i Z gio Z
Zg Z kZX gio Z
Z
X 7?zg]c*
iZceSzzgio Z
Z ( )
X Y ~ fkZ 5Z Z kZ @*
7 Zzh
e n
zz gio Z
Zt ]!*
~uz
xg Dn Vg#z
 c*
g:
L Z gio Z
Z zg ]c*
{
~h
+y

] i Z g Z **
Y h
+y

]~6, gio Z
Z~]gn

/Z c*
X
:6,n
g Zt KZh
+i ,n
QX nzH:ce Z ef
 c*
g!Zi Z kZ
W
y
/Z ?: g~mZ6,gio Z
Z~]gkZ H pk0*
LZ}
h
+i g ?pgg Z
',h
+y

] ~kZ H (Z~ " n
" kZ
2016 ~g 35 m] )x

@3 CZ6,gV76,kZ~ VgVzgio Z
*
Z Y ~}6,g J ZEG3;Xtc*
g~ !
x t[ZX
~ ]Z W,Zgio Z
ZT "g~]g~"~KZ : ]!*
Zz !*
nO !z Zj}uz ~kZY c*
Ct ieZ Y7pp
KZ kZpt bT hh
e :Zz "bZ " ~ wgZ KZh
+i n

kZ~w= ?7 **
t n
s1Sg Tg~!
X ]!*
x)q
-Z Yg7pp~&z g Z {zB
X @*
Y Z
 Zg { Z',
! nY ZV }!*
ZR,
g !*
EG3;XtgzZh
+i,n
[Z
Yp~]g P U*
Z ~ Zh
+i Y $
zZ
+Zisk0*
h
+i
/Z
]{zkZXV**
VZ i]YZy
ZpgzZg:X U*
Zh
+i~]gkZX

z Z kZ %Z kZmT g D
iX U*
Z kZ zg 2Z ~
})X U*
Zt {zt BWq
-Z k0*
h
+i {z kZ X Hp~ ]g PU*
Z n
t
t
~h kZ nzHg EG3;X c*
ph
+i etHX}6,g J ZEG3;X ax ( ~h
?g6,
( g gzZ/g Z !*
) "
qZ "KZ~h z!*
kZ1}x
/Z} kZV Zz"

$U*
i Z ` g ~z)gio Z
Z6,n
~x {O
t zg 2Z ~ ]7 Z2 zGkZ kZ Y H;6, ZR,
g!*
V7 /~g7 ~h z!*
kZ1Y q g Zza h
+'
wEZ ~h e
+Z~ ]kZY7e**
(Z zg 2Z ~ 6,]1!g g Z
',6,
q
~kZngy 6,
]!*
kZV X:g D( decay)
7
 +Z q

-Z v6,{ Zpn

 pgpgzZg:P U*
Zf LZ Zz n

i Z 6,gi o Z
ZV- X 7e*
* b~ ]gpg k0*
LZX U*
Z&
wZ T e **
C Y Zgz 2Z ~ ] ( uw() ]Z| Zz C
kZC
X e **
76,uw(7Z D6,n
z ! ( u) P U*
Z
X 7? 2 zGkZ~]
t
-ZEG3;X ` Wh
q
+i n
X Dg6,wVq
-Z F
F6,[ [~nK]!*
!*
`g
[gio Z
Z ( @*
WZ[Z p : ; ): 10 6,kZh
+iX 6,n
~h
-Z }g @*
Z: n
EG3;Xt
/ZX @*

zY Z Z Z
# Zz ~h 1.1 6,EG3;Xt wq
: V[ kZ VY Z ZZ
# ZzVc*
h X6,
+iBwDg
h
/
X 1.21w
C
1.61:w 5
2.59:w 10
2016 ~g 36 m] )x

117.4:w 50
13,780:w 100
189,905,276.46:w 200
2,617,010,996,188.45:w 300
36,064,014,027,525,400:w 400
496,984,196,731,244,000,000:w 500
246,993,291,800,599,000,000,000,000,000,000,000,000,000 : w 1000

( tFFFFFt)
/Z X [ b: 10 [t
H [: ; : 10
:t[Z Y
:w 1000
17,761,973,832,231,500,000,000,000,000,000,000,000,000,000

:tt
~[Z[: ; z:
17,514,980,540,430,900,000,000,000,000,000,000,000,000,000

n kZVY Z Z Z
# Zz Vc*
h 13,780 6,h
+iw}tp[[kZ
13780 w ~h q
-Z ` W [ b k kZ ._ ? +iX
wq
-Z 2~g J Z~ ZZ ~h D Ywt{z
z t1X ~z)V-h
C {zBg
/
z CY Z Z Z
# Zz ~h Z 6,kZw Dg
/
QgzZ
C
V-h 7pgp7Z 2X gg D ( decay) 1izg2Z
X Lgg D1X U*
Z p
X Yf(,
"(,
Z
$
+9zgq
-Z 6,g J Z I ]Z| Zz i Z ~z)gii Z
Z6,gi
w 10009zg 13,780w 100
246,993,291,800,599,000,000,000,000,000,000,000,000,000

1 y ] ~ uw( ._ ]Z|yZ c*
X e **
Y Z Z9zg
Y Zgz 2Z C gi Xce 6g g Z
',]gC
h
+y
] kZ ce **
Y Zgz ]gC

x Zz~]kZY Uq
-Z " ] ^_n] _fjm"zGt
[ ~X 7}W ( ontological structure ) z ~ ]|g X 7
, Zq
-ZV Y Zgz 1
g ~]{ztu F
F6,2 zGkZ
E

X Lg
C
) !*
ZB zxC
~uz
2016 ~g 37 m] )x

^ %u^f
*yZ

{^
,Yy]q
-gzZq
-LZ
c )=Z )x
_q
-Z : q
- LZ L Ly* r
# ZPyZ e x H

tF
F6,t y ]q
-gzZq
-LZg y*X Z
~ ( Y 2015
c*
x **
4z]
.kZ D4z]
.af x sZLZ
/Z c*
VZ wZ

LZ g y*X @*
Y Hx ~
/c Z Dy ]
/Z gzZ @*
Y
: Hk
,
~^~y
Wy*

}uz kZ g Z

 g ( LZ) &

/ZX *
* V L L
G
E
X *
*! G3$ Zuz
/ZX M
h7( y]) &

( 40m )X *
*yZ ]Y Z',
6I z kZ

g~
C~kZ gzZ
H #z Z~*6,T w Z{zt
zq
-+6,
gZ]c*
LZ6qaXWt Zvz6,
# kZ 6 }uzX H ZaiZ 4z]
/E
4z]
.O 6,G
.}gZ

~giZ "
$!*
kZ{J
-[Z@*
X gZ
!*
]kVz6,

Ct
X
HHtF
F6,
|F,
!*
ZzgzZL
M !*
.]kVzyZ~T~g
_
/7
]gz }Iyi Z6,kZgzZ ,g ZwgzZ : KZ qt
: ]g @*
]ky Z z}g]!*
ZPyx H ~ KkZX
X V&~gz*
*7]: f
P Zj

z~t X ]gz{ c*
izg6,V Uza} ^
,Y ]kyZ6,g~
C

Vz y Z g Z }z **
t }uz ? t H~ ]kVz yZ g Z Cc*

? tH~]k
anskashmiri@gmail.comX y 0*
X V*~
/eg *

2016 ~g 38 m] )x

wZ kZ
/ZX ~gz**
t 2 gzZ]qgz kZa_q
-
q
-~uzq
-gzZB ]2z u Zj]k Y Hi Z0
+Z
{z B~gzTq
-LZXN Y W/ W
Zjg Z
z

**
Za akZ ~ yZgzZ [
 yX Z Zgz ` Z% m,
Z ~R',
X : Z 0
+Z
q ~g :gz *
*4z]
.s ]+$
+kZ kZ ~
Y fz^~q
-y Z%ZX q
- q
-Zq
-LZ M
h6,
CkZ

) y ]q
-@', kZX c*
yvq
- kZ kZ
H
z Vz
/

@*
(Z
/ZX 7] kzg ~( x **
+@Wq
-I
kzg

xsZJ
-uL
M !*
. *x ~q
_
-kZ 2X CW: "
$ m: { :WYkzg

*gzZ ?
]**
Dg ~)q
-t T~ ]V Zzpg Zz
X ~ Z]**
Dgc^
, sZ ~VLZVWVZ

W,
O vZ z {
x Z6,g~gzZ B
bg: ( q
-Z CZ Zg q
-LZ

Zg ZjkZ )X ;g ~g Y **
q
-kZ ~q
-Z q
-kZOX

yZ **
q
- +X ( A ,~ T Z
~ c Z x c*
Z L!
L q
-Z

*x O {g V;z1 p=i s~
t GZ{
**
O X ~ Vz
))

y ZgzZ ~
) ) Z KZ{g~y*zyZe
$z **
Xgsz^~ cg
!
) !*

h gzZ ` Z'
6, T
H
{z q f ~gzZ ~
))
-uR',
J

) ) yZ+ a X x **
-+gzZ #yjZ
q

yvJ gLZ ` Z'


6,
) ) kZakZ :
L
) ) Z sg
g (Z q~ k V
) ) Ze
$z **
~ ]!*
Zt X c*

\
og Z
+gzZ ] b & Z Z~ gLZX c*
CZ 3 Zg x
kZX s Zzz kZ
8 Z%4z]
. gyZOX

T 7 th
+
Z 4z]
.LZ7T{z y]q
-@',
OX ;g ~g Y **
q
-kZ ~q
-Z kZg[p{zq
-

VMHg ~
**
**
V
`
'vZ ZZ **
gzZ ~
t GZ **
**
q
-

~~ Zi W g @*
R',
VMHg y
KZ
**
:Z gzZ ~^m
F,
z(q
-kZ

m,
Z 0*

) ) kZ J
-w zg g q
- ~gzs
# z ]!*
kZX H Z Zg ZVc*
Z (,

$
e
/
%6a2X ` ZzgjZ~gz kZY4z]
.Z'
s ` Z%
2016 ~g 39 m] )x

o d @*
X
HH7$g yz Z~4z]
.kZakZ 1gz$

t Z
# **
:Z **
w zggq
-OX Zsp)**
@6
Cc*
z ~)
 ( xgzZ sp0*

) ) VrZ :Zz {
0*
kZ y ZO X H4Z ~gz 6 q
-Zq
-kZ Zc6,
VZ
M F,
V Z

ZakZX Hi W4z]
. 6,wZx~]qgzZ 3g ~g Yy!Z

6,VZyZ6, Z y!Z #y 0*
-X ce **
q
Y 0*
X ~\z
/~ gzZ
) )~- 6,
s %Z ZgzZ C7,
i

Vz yZX ~ gzZ ~ Vz e
$- Zjy 0*
-
q

(kZ: c*
gzZ Z6,
}kggz} (,
~ s %Z (6,
g~
C~A
$k
l Zg t Z gzZ r~ KkZ X YY H kCJ
- [Z W,
Z s %Z

# :Z ]|OX 7g Z( ~
Z
]|I y 0*
-X N
q
yZ ]gmt ~ ]| ~ ] q~ ~ Zi Wq
-~ ]|

{y Z zyZ` Z'
~
]|h
+
X
rg79
L o
 ( ` Z'

-q
J
-Z Y 0 y 0*
~ y 0*
-s: 1X yZy ;@*
q
z"

]|
) !*
xz ~g /**
(X 1z',
Z',~]k(V ZC x **
~ ]|

kZgzZ #y 0*
- X J
q
-u x **
kZ~

syZ1
HYZ A6,]Z f ]|p7 X Hyjp :
L
g ~(,6,x
) ) y ZgzZ ]|X
HH{C
b x

z~
 ( J
-q
-Z ~ ~qzX HwJ yYzwgzZg
wZ6,t( KZgzZ g (Z {g)J
-uq
-Z : D{qV1ZpLZ Z
# 11
(~ 1
H{g~y*zyC
Z X z+
$Yg D
+
zkgg e

~ ]q zc y 0*
- ; ,gzZ Zg Z6,6,t {g )
J

X ;gt
Vc*
~]F,
(Vz y*zygzZ y 0*
@*
X H Z Zg Z(g7

~y 0*
)gf/ZY M;e**
wj ak
B ug M%ZZ
# ; ,

ZC x **
sq
-ZOX HwEZax LZ cgz W,
Z I

kZX Wt ~ e
$y]q
-gzZ ~zg ]q Z~(,q
-Z ( )Y f
# g Z
Z
/zg VZ **
gzZ:
Z Z Y f ~gz

g(Z {g )
 ( Y fY ZC x **
~ s~uzX
Hc*
BgZ- 7Z1
2016 ~g 40 m] )x

X KgzZK ~g Y ~z~ e
$y]q
-gzZ W~
 (Q%q
-Z K
Vz yZ~ y 0*
X
HZi Z VzPq VgzZ ]g q~(,~ (,kg Z 7Zz kZ
~ x 0g !Wx : Zg ZtugzZ e
$y]q
-A
$k

A
$kVzyZ }Ig Zz@W
zgzZ Zsp)**
@Z
# pX H Z Zg Z CZ

yZ "
$U*
VZ eg kgq
-R, CZq
-ZOX sp0*
KZ 4,
- e ~(,
G
$
X ;gg yZ z gzZ gzKgzZ ;g 7 m
 (L
:( LZ yj%ZX {CV-g ZjLZn~p
 (}uz
X Z 7,
**

) !*

~i f
 o yZ ~gza zng y] kg Z 0*
~gz kZ

~ KkZX Y ~ " _
. yZ7~ \zg 6 Vzg Z gzZ Y

mq
-kZt 6,QX ~ ^q
-yZgzZLZwV+F,
$
d

0*
q
-LZ6,Y ZX gY 0*
',q
-t ~ T Z d
$

BB V ZC x **
z ~ gzZ
HH76,g we wzg q
-Z a y]
]| ]!*
kZ sX 46,
u kZ Y f{u Vo) ~uz gzZ sZ
))

IF,
kZ J
-gz mq
-ZX 7m A
$kVz yZZ
]|gzZ ~

Vz
/cy]4ZgzZ ~g7]z ` Z%gzZ Zsp)**
@Z
# pHx
7Z B; VzuyZ V; kl Zz 46,
uVryZ
HZi Z [
**
YHspq
- kkZasV ;~
L TOX c*
g DAO
Xg ezJ
-[Zx
WkZakZ;g7e

gzZ HwEZy ]s kzg ;gs Z Z ]!*


kZp ` Z%@ ` W
x ZygzZ x
JY fX @*
Za wZt ~ KkZ X ` Wt kZ ]o

}gZ
dY VrI~ Zi Wq
-+7ZgzZ HwEZ]!*
.Y C4kg Z
_
VMczY f{z}g ? 6,Z LZ [ Z {z H~ k
B ` Z%@

 6,

u L gLzZ +@Z L Lq
- np~kZ Zz
z Zjyj
jZ
~]qzcy 0*
` W c*
g Z
9
x /Z G
*Y Z L LkZgzZ 0*
]!*
Z +@W
X 3g ZVYl{7Z ]yZ

, qg Z~y]q
-gzZ +q
-7{g e%tz!*

 kZ

@*
W~ y] q
-{z Z
~q
- +K }X CWz
2016 ~g 41 m] )x

!
Vz @*
X gzZ Dt~q
-~uz z
z h Kt~q
-tt
X
iz
HHi Z0
+Z~q
-+ bTe
$g: iz]q bZX V7
z Zf: ZI~ **
q
-+X @*
W~y ]q
-
/ZX 3g B~$

+yq
-Z~xsZT CW~y]q
-f: ZI
4Erk
~j wqX Z~^ `g ZpfI bkZ ~ EG
B YHg

kZX IZC
~y]q
-o Z Z ~yZF:
L x **
q
-+o Z

X q[{ Z T V Zz6,q
-LZ6,
U
LZKZ
) ) yZgzZ Ze
$z **
**
q
-+t
X H *)g fzgzZ ~
/]g z Oe
$! gLZgzZ [s
gzZ H}WV ~g/z {W7 Z q
) ) LZ @*
x Z CsLZKZ q
-[Z6,Y kZX c*
CZwZ xO

yZgzZ Ze
$z **
z q
-+ kZ 6,{ Zg {z
/Zce **

+ TX $
7i Z0
+Z~kZq
-sZ R',
~KkZX
))

B ` Z%@y]q
k
- H Z Zg ZV c*
~~ Zi WR',Tq
- q
-Zq
-

Y q
- I~ ZiWk
B bZkZX 3bZw~g ~T
X $

gZ Cc*
z ~1 t~]kVz(gZ}M
h,',
M m<!*
+
$- x ZY fX 7gz q
e
- +y] q
-

}
#
.yZg Dsz@*
gZ
zq
-+y]q
-~e
$ z

X - ~]|gzZ ]| 7-kZiZmyZ n~

lg Z*]Z|+**
+**
X
Hc*
q
-Z }6
,V1~ = ZL L)x

Z=Z%ZX N Y : wgZ akZxZgiZ lgZ*


{Z',[ *
*nZ
/Z X Tg D qg >z ~k
,
$
( {g Z Z ) X $
Yx **
+k
,
$ Z
 Zg

2016 ~g 42 m] )x

^ %u^f
*Zg **

q
-Z6,
]pi Z e D Zw~g i
y* r
# i Z e Zj Zw ~g i ~}g c =
Z L L)x
t "7,kZ s Z e6,q
-Z <D sX J 7,

`[%Z} "z6, 8g- gzZ ! fv 7VZP**


{ i Z0
+Z

s<D s[ X 9
CZ%1y!*
i -ZgzZ lpyZ

:ZzZw^g*4 g Z
)]Zw ~g i s
Z

I } (,} (,w)gzZ gkZ ;g 7 t y Z X 6, _h


e
yZ | 7,y*Zg7 Hg Z gzZ ]TKZ sX ~G @*
V2
De
$ Zw
gsq
-Z sX ;ggzZ]6,gzZ]

Zw ~g s~uzgzZce **
76,gy kZgzZ qZwkZ {z

6,]!*
kZgzi Zg sX ~hZwkZ b)'
LZs g Z

|@*
yG {z H[g Z x ^
,Y**
s: ~B; LZy ~g i c*

X >%h**
O
6,XgzZ ~ BV Zj]**
vh
e ~B; LZy VrZ~ekZ
gzZ x`

g sX tgZ kt Y s Z Hk

q ~ y
LZ1 Y
 Z',

 yq
-Zn 7t {z X 7 ^

x yZ x`
kZ VrZ ? C H6,kZ ]) ZZ kZt 2X Y7
 Z',
C Za VZy
V **
~} kZ ~B; y x~X bZ`

X Zz ! ls kZY 7*
* Zzw
gZg VX

3 Z Z}
. ;g V- ]g <D VrZ D9
nusratulislamgilgit@gmail.comX uxsZ >sZeYz *

2016 ~g 43 m] )x

R~g i zgzZX ~
C q )Z!{a gzZevZ g/z wg {Z <
L z [
i |X Y {g: !*
~ s < ZwkZ} *
*
dz~)]Zw ZzY~~g
-I
X 7>XE
kZ *
@Y c*
]ZwkZ H7[g Z Oyx9 ~g i
LZ VYy kZ *
@Y 1{ Z'~eT HOwg c xZ b Iq
-Z

OgzZ x `
L
L h
e ~B; LZy s1 CwJ
-u]!*
1 p~B;

i~ | b wZ e Vz6,y
/ ~g i DiVzq Z Z z x`

G
G

yp T HOxZ b I 5 Z Z
# Zzq
-Z kZY @*
7Z
+x`
O6,~g
Rc6,T ]!*
Zt h
e ~B; y ]!*
gX VZg~<

kZgzZ **
]Zw~g i 6,kZ wq ?7c*

 g **
~}%i x`
kZ
X gzZ Z"uZuIgzZ=s <Ds

ZzzT 0
+
KV{yZ~x rZpsq
-Zs
ZgzZ ,g Z6,
Z {z c*
{gt V gzZ ~g i s~uz X M 7s Z
r
# i Z eX @*
W J
-u ~ V!*
sbkZX g D {i Zzg
zg66,h
e~B;y ~g i 6,VZy

-Z 0
+
KpV'Zy

X~x rZ
VZy
yZ~ y }g gzZ x rZ6,kZ s cet **
X Bgzm
V!*
~z
/
KZ s1Z 7,
8~V;LZy ~g i 6,

CXf
eV;} h W
X ZZ hsY fyZgzZ ~g i Zg Zg cg
zz cgzW,
Z LZVFW,Z !*
gzZ} (,
L 7,
:
~z6,
rZ
/Z L
L s
W,
Z !*
Y ^
,Y *
*O~ w CZ f xF
g 80
+Zg a Zw
gzZXgzZg "gzZd
$w>q
-Zzz}
.Y^g7,
~bZR,
V>gzZV

X 2 ?Y ^
,Y**
6, ? } 9JZah
e s Zp kZV

X 7wgzZ p ~g6gzZ]gzkZ b ZwgzZ ab & Z VZg<L


L

**
4',
iN Zw+Z ~% N*
N Zw6,Vp<Tth0=

gzZOx H7g6,b kZ I tg Z k bkZ s X T e *


*lp

sakZX .
**
Zuz .
x`
q
-Z2X t
Z (,~x`

g
X 7]gzVZP9g[ZkZ 7
 g wZZ
#

x3,c*
V` Z'
Jm e aV` Z'
C
wZZ +q
-ZxsZZg
2016 ~g 44 m] )x

+
/ZX .
**
gzZ Z 3g .
Z`
 xsZ p SVzX` Z'

\vZXYwJ.
**
a#SyZt Cg
/
gz,(C
~xsZ

x3,
\vZX Yg
/V Z
/a#SyZt C Zw Zw(C

/ZgzZ c*

Za b s
mx`
|@*
yGX g Vz **
z Z b
z Zw~xsZa kZX c*

Za ` Z'

X 7 Z
gzZ Z **
*
*g Z k\Z Olp6,kZO Zw .
**

q BtgzZ *,.Z bu,.tZgzZ $


+~g1

v` Z'
bC
V gzZ Wz*q {z gzZ 9{z 9~g
g~ VyZgzZ V ZwgzZzus ZC
!*
I**
gzZI wp CZ f LZ LX
X Q~K| ZiWW,Z} "z6,
gz@*
1

O, Z~w CZ f L
L D Wt~y
W]Z|szz: (Z1

qt CW7]!*
tt V HX d sngzZ g **
Z *
* i Z

:
KWh
+<
IZ~CZZq kZ ? Zzyvi LZyZ

n Z~[ZkZ X CYVZi ZzWn8{


gy X X X X @*
Y c*

7 w CZ f e
$OzmvZ -wg c s<DM
h

2X M
h akZ mW:swt
/ZgzZ w
Xn[!*
{WZ`
, Z @*
ngzZg **
ZO bkZ

gy kZgzZ Hg Z g e:
KWh
+T<
IZ s

bkZ p{z yZ w T Hg Z .6,KZ6,Y VZ i ZzW8{


i y:gzZM
h$p: LW sg #Z6,V gzZxsZ {zy*

Z<
?
h
+ WkZ
/ZX M
h e
$ ]Zw Zz Y ~g

{z @*
Y ~zc gz vZ f t i kZ ~gz
_ T g
igzZ lpy ZgzZ vWg z._y
\vZ:gzlp
oi X 7[x
!j$ fj$ i oj$ u p^$ ] n]

2016 ~g 45 m] )x

^ %u^f

Mk
K
( 1)

;g Y H6,e} (,y*q
-Z ~z0
+r
# yG **
0
Z 6,
L c*
z` M
E
GG3]^{gV,Z~T
c*
:
KWJ fgzZ` uD
3Z1Z {Z',
ukZ D*zd{z
/
IkZ V,Z ,i Z IX
q
-Z~ Z E
E

}g Z LZ y*tC
/X Hc_] ZZ Z yZ~T
GG3E]~T
H6,
g
kZs6,
z[xZX M [k
,
i{ Z ({Zp
kZX g {
}p} ; t 7:g Z +
$Y)ty Z Z k\Zu" H_k
,

]g]P %Z ;7wZ T ]gz y*oq


-Z { 6,

: #
}
.7{)Zq
-Z~
E
E
GG3]X |s gzZ Z **
GG3]g *Z$
m: x **

**
h
+gzZ ( 1

gzZ % J e ._yZwqZ zg Z F,
x LZgzZ gzZK~ zg x<
L z [
E
0x Z~y
O L<XgzZ 0Zq xsZ ~yz
bZ }E! yz
!'
X ug e6,
Zg
$Z[ZR',
gzZ f[: i ;H7[
; Z

]xZz g
$uzy M
V2 L ZgzZ xvZg[ ; Z0 ( 2
$ zbVkZgzZ o~q nZ iGxgzZ
~}gzZ H
/YZ iE

X F
F6,. ] ZZ Oc*
~i 6,yZ X W6,]y

gzZ ]$
'
+ Zz M g

L L[ z ! bz@}g q
-ZgzZ~z0
+{zq
-Z ~z0
+r
# &**
a Zi Z

yZ - } f~R',X gu"_ x **
+gzZxq
$
-Z :[
; Z0
gzZ~- szc 6/Zzx ]wZjZyZzzkZpK ]Z Z6,
kZ6,h} fgzZ Z"Z6,s [
; Z0 L L[ KZ r
# Zg**
o

-Z6,V
q
$d
$z o M - xZg Z ZgZg ZzX s
# z %Z kZ~ ]Z W,Z
2016 ~g 46 m] )x

X
Hc*
g Z
<
L IZ[; Z0x Z D& zG @*
[kZ~[ZwZ
GG3E]@*
!*
*
*yjZ D ZgZ)f kZg}g7QgzZ **
5
**
Z ( 3
YEE
9
}g7 }gZ
~- 4Vz
/
{v gzZ ~ 5 Hy] 0*
v ,Z
E
E
GG338 Yz *Z$
e
$-gzZ
+gzZ ]gz OB~gzZ f
e b`
:
Kw~-

+VY1yzo Z
Z
ZgzZ: **
bzgVz~Zg ~g!! Z
/
G-E!
[LZWZ L [~:tVZ
# CfggzZxkZggZz

^kZ szcJ
- ` MgzZ D]Y Z',Z kZgzZ {Zg
Z L~ e
E
GG3] x **
ys Zz w**
Y ` DgVgzZ
Zz!*
kZ ;7e
$zG@*

;g Ygg**
Z6,
wyZb : {z
/sq
-Z @*
x? @*
F,
Z Zg76,
V e
_vZ z{
~gZ)f F,
xwq]g{ Z[!*
gZ,ZVg ZzX

!! s Ze6,
I}g7~ZZ@Zi**
gzZ i?~
{z
Hp Z
# Zzx Z Z yZUkZ ; + ~z0
+r
# yG**
( 4
E
GG3]/
b)(t`Zg X Tg DWZzg **
~p ZJgzZ!zH6,
6A WqgzZ Sg Rs %Z~yZgZ Iz ~v c*
V

iz wZZu F,
zZsx HpYYH7g Zg Z TD Mt
kZ gzZ
8te ! ZgzZ Zzg
 sk
,
{Z gzZ i Z0
+Z C!*
.Q ; D Y
_
E
GG3]~g tL L: D M 6,k
~ kZ L L X X Za
q

{zgzZ @*
: Zg Z +
$YgzZ: qg Y [|Z yZ wqC
/ ! ! {Z V kZ L L X X X}

_ ]Zg Wd D Zx ZZg}g7 } OW6,]c*


c*
b)

X
rg7

Z {zJ
-;y
KZ ` Z'
yugzZIq
-Z {z @*
x i Z0
+Zs**

0^kZ {z :
 otHX g>Z', Z ` MgzZyuZg~p
!` g D M |kZ izg wzZ fZ
# DZg KZQgzZ f
e bhZ

tX H
x ZgzZ [x **
>ZZ
L 7]V,Zp

p
8Zg :
L ~" ]b
z9{zgzZ CYt} i Z0
+Z y
KZ
6,
VyTmZg gzZ Y~qzc6,]0)DqgtKZ i Z0
+Z Ht
~I KZ ZC
tzQ%q
-Zx H} **
c*
! ! 7m kZ XY c*
wZ e

! ! g ]o 70
+ZE**
gzZ
2016 ~g 47 m] )x

gzZs z ZgzZ t z#
ZZ
# ` M lg Z
/
: Zqg ~g ~y
M ( 5
E
E
E
GG3]gzZ
GG338t 7q
V+~
/
,k
C
,
q kZ ]gzZ 5
Dz =xsZ i Z0
+Z LZ LZ A
$kVzt ~ { ~g Z
# ;V
) !*
J (,
$
d
}uzq
-Z Z
ZhZz yZgzZ xi zC
:;ce xg ~g Y?kd~X
kZr
# ~z0
+[xZ X AzZ ]q c_~gz<
t s: **

+Z ~gp hyTtp
/Zgx
)
Z kZ]gzZg **
y*

{ c*
i ]Z W,
Z%Z : q
-Zh
+
e
$ Z kZ 7?
/
t
C

q :4N
m,
/
kZakZ ;

g (Zt\ M 3:3
! g$
+z(

~jxsZC
q
( g]c*
k
,
)

( 2)
 {z c*

VQu VKJ
- ` W~V @*
{ W ]!*
kZ_xsZ g @*
-!
:E
XE
Z, ZgzZq
-g +Z}g Z Z, ZXz=txsZ
x xsZ V2 Z
?
9X ~IglyZ
tg Z !*
Z
aZJ08E
%G
0.:XE
HzZeK
E
X YZa ~z=xsZ
 tZz Zzg`gZp
-!
:XE
0*
T) `g ZpXq
-Z X X x E , Z z ~q)
yZgzZ ~Zh
+zY ] T)e
$ ZuzgzZ ( gZ z {Z y]
]c*
zg Z y Z `gZpX q L<XX }uz q
-ZZg q
-gVzt X ( ;g{g Z Z
X yxq6Z)z6Zy ZQ c*
g7~Zh
+zY ` W]c*
zg Z Z Za ~
~xsZX6,; }uz Ze~uzgzZ 6,; q
-Z Zeq
-Z ~ yZ

w (Z wq e
$z `g ZpXX {Zg Gx yxgyZ { ZC

Cc*
z
:i?

gzZ
8g (Z Z {Zg KZ Zi W ]#
Zg/E
-ZZ
# LL
L 8%q
GLE
"Zg !*
6,
zZyZ gxz
~}g !*
] yS {z
8gt
u @X [ Za VZeXY:~ X Sg 7!*
uzg

~
zLZ LZX t }g BVJ
-~Zh
+zY y{+ZzgzZJ
-

2016 ~g 48 m] )x

G
WbkZ ZCgCg;Z sZ
L !Zp J0
+!*
gzi b kZ
~ +g Z bT~gz ` Wm<!*
X
H{g !*
~ V1 sf kZ
H| (,

g/gzZ WZZ#
Z fy
KZ73 Zg sZkZ 9gp

**
:t kZp7x9 Zx ZY m
CZ" XghZz ]#
Z

t
z
 yQtgzZKx9p~#
Z fg/y
KZce

( wzZ~g(Ci Z fp ) X 7

%
xZ/_Z~]g Z L
ZLXL3W>ZZq
-xq
-Z xsZ ZRLE

t XB
bg 7 U*
CZ ~ [!*
w4Z z ]P`
gzZ uz y ZZ z@iz mZ

zgZv
Z z {
x ZgzZ ]c*
zgZ Z%vZgvZ z {
x Z]|:Zq
-

V**
4z]
.axsZgzZ LegZMZgzZCZxsZ
]!*
t~]c*

Gx} &
+Ze ~x\W 7Z ZzCZf yZtv
Z z{
x ZX
~Z

E
Lg Cc*
z ~CZ `gZpq L<XX 3 Zg e
$Z@3Zg GxgzZ} a

0*
LZ yxq6Z)z6Z ]c*
zgZ ~ p7c*
D h L
Z

hgz ZakZgzZ T e **
hL
Zg Cc*
z ~y]

ZQ c*
} 7,**
hg~:W~]q qz Z ]kqz Z} 7,

C]{6f LZq
-g
X a7]!*
{z} 7,
**
zx|;e E!MCZ6,

**
hq
-L
ZgCc*
z~y] 0*

/Z._szZ Zg

[V `
zr
H}7+
#
M 7 b!*
~]c*
zgZ]kVyS {z

[Z V ZyZX ^
,YOVgzZVgVz%{k
H" Lr
HgzZD
#

+
M
KZ {k
H" gzZ D[V `
z (`gZp ) y] 0*
M~

~ b]Z|yQakZX gZ
xOZ b I [Z ]ZgZ L L

YgZ
L
ZyZ}gZ
gZ} <y] 0*
7yiz
E
X *
@Yc*
0*
V;GxgzZ+$[ZevZg
M L X3Zz/t4z]
.axsZ 0E
0
E
y] 0*
#
r
6,x**
4z]
.xsZ 0E
0yxq6Z)z6ZgZ ~
/Z
Gx]Z|gzZevZgxZ/g~z~y] 0*
ZQ **
hg

0*
YM
hh 7 r
!Q D h 7g yZ Gx
#
/ZgzZ **
h
E
-!
-!
E
:
:E
X
XE
X Wx ~LbTXx EbZy]

;Zuc*

2016 ~g 49 m] )x

^$ ^f]

E
~z0
+
i p Z e :^g7g

:yZ> Z Z{ izgq
-Z

5]Z RZgzZ<
Z E)Z
x ^Z e xsZl
AgzZ xg P |
/Z( CEPECAMI )yy**
pz rz
Z',
/

%
E
/Z;gE- uZ Z
gzZ <
Z )Z @ { izg q
-q
-Z 2015c 17 ~|
S D7[S~ kZX 6,q]Z RZ
{(C
y~: i{ ._ZqZSWzZgzZ
5zg {k
,
izy
X g Y g~
/6,
 WgzZ gzW
wz yZ 7 + yZ X ~
q
q Zdq

-Z X K A
$%]Z W,Z t
 ',
i6,][fgzZV Zz9/11
{ c*
iV~uzaTVl{aib)LZZ~
4yxg VXgzZ V yW
h
+'
VrZ Xce *
*g (Z 3 Zg ]Z Z { c*
i
F,
',gzZ dZ\WLZVzuz t ~g X c*
2x Z Z +
M
KZ c*
gzi6,]
X IYVYx **
ceOX 7H yZB

%Nq
[gF
-Z6,~pgxsZ Hg K EWz6,
gg 0*
gzWM%Z
[ Z kZ ? VY~ {(C
gzZM%ZZ
xsZ ` W HwZ +qVrZX H7
{z C
Zgt KZ~ }g !*
9/11 VrZX
Hc*
> ~pg xsZ t
sz Z* ~g7 Hg Wz6,~[sLZ X ZO H V Z zg0
+Z M%Zp
X H7g2q
-Z e
$@a
hV
KZx gzZ! zZ q
-ZvZ Z!Z z tZ Zg u ` tg W
X } 7,
VY~V {q
-Zy
KZ
 VrZX Zz
E
2X H
/YZZ ]ZZ RZ gzZ <
Z )Z ~ ]LZ i
ZgWz6,
s kZ6,0#
Z VrZ X c*
gzi6,WV-zZi 6 a ]Z Z RZ
ZgzZ Zo dy ZdZ (,
Zuz @*
qz yOy ZdX WyZd} (,g e~g @*
2016 ~g 50 m] )x

a X WnyWAxz ~pKZ0#
ZT{ 6yZd Z (,
w>gzZ yL
~ T m: { ~ zZ t~ T ` Wgz Zd
/
%*` WX y
X ;gDepopulation kZ~
Z @gzZ Hg Z ] LZ ~ux Z ZZ **
Zg
$uIZ ~
/
%
sgznZZXg iZ e#
kZX G @*
V@
$
] ]~uzgzZ ~pZym,
+Z} hmGZ yZi ZgzZ c*
ZZZg
X | 7,
X &
+ Zgi Z0
+Z kZX
Hc*
x **
w; y N*
T Z Zuz kZ
f~Y XK a
- (yZ
 ~{],
Zwq
-ZcXgz
Y 18 X
X&Zpz%eZ yZ gZ g g
 Z Y >iWz6,
yy**
pzr z
Z',
/

%kZX 1z gzZlzy

zl}g7~ckZ
iZ e~ ZWz6,gYByZX c*
` i
ZgWz6,],
Z e
]qz [Z H{z t Z wZXg6,Z e ~ux Z ZZ **
gzZ_Zq
6 6Z]
.v

 ~~
VgzZ g D g _
OZgzZ t Z Z #
Z
X YW6,
xg Pq
-ZQ#
ZYH H[ZgzZX D

yW
~ DiW c zg }(,q
-Z TVx**

IZ6,

C egzZigzZV@*
YZgzZwz4,
y
%~]q{_
~tKeyW
Y YYH +
M
KZx6,
zZ7e YYc*
xZ
/
z6,
-Z ]uza
q
X@*
{E
+kZ(C
{z zg7ZV)6,
}gzZ@*
fg!*
g!*
xZwKgzZ
X Hf V-zg&V ~gz {/ZBZ eegzZ *Z;gE-
W w Z]
.IfX 1
Deislamize {I~T~g Z<
X ;g i ZzW
}<
ZgzZ YHg (ZxsZ based6,
yW
;g Wt t]Z|I<
tzgZuzX 2
X Yc*
Zr]c*
ZzggzZ
g (Z Y Y xisZTwe Ztzgt X rz tzg ZX 3
X
zZg ~Z /ZBZ eX H]!*
p Z y W
gzZVF,
y W
r
# +Zx [ W
X ]gzgzi{ c*
i6,
.yW
akZ C7s
# z~g7
/Z vZgWz6,
v q
-Z ~yZgzZ Dqa 4~ kg Zp
2016 ~g 51 m] )x

T D follow q
-Z -Z v{1 D W~ ] I {
!
X 7C
!*
kZvZY
Z WX ;gY~Vz h {Zg7zz
:, m,zPa#
Z]uz+Z}Wz6,
g,%
XYYH7
 gkZ[Z
H~g@*
X:[x{z]!*
!Zjg@*
X1
X YH:c*
W: qg Y6,]y ZakZ]mV

 X2
=a yYZgzZ y
KZ YZX Y c*
y
KZy
KZt {z Y [ZX 3
-ZgzZwEZ =X Yc*
g
X Yc*
yI|gzZ Reasonalbleq
E

kZXj
VY~VzgzZV
#
ZW6,q
 Zg {Z',
~z0
+
ip Ze
gzZ wgZ~ #
Z@*
Wt :
L Z(,q
-Z ~ [Z kZ Dg6,]!*
&
:
X
4) {!*
6,]!*
]!*
N` I G
[Vo)gzZ mZ X ~ZiW ZggZ
E
X, BV FV w qgzZ g@*
~z0
+pZe X Y b }:[
6,kZ @*
7 c*
?
c*
@*
s%Z xWV; }g VrZ
Zg Z~I|X 4Yc*
C
gZ
Zz~Q c*
DY}:
kZJ
-Z
# X~~giX @*
gzZVC[f]zZz%1
XV:ib)}gJ
-A
$B7~I|VzqN W7C
!*


CZgzZce*
* J (,
Wamulticultural~: i{ Z m,
/Wz6,
Wz6,X VZ ]ZPk
,
z tZ Z /Z ` Zu9X N J (,
W]!*
KZ
zhg LZ L
L c*
swZ kZ Dg Z ] LZ ~ #
Z ]uz
X 7zC}uz7
w ZkZ ? Y`g { y0#
ZgzZ} y
HHwZ Y
]t yZZ 6,]y
Wz
g L a
L y ~ ZWz6,~ [Z
p
c*

{z Y tQX wZt gzyZZ6,s)zpyW


gzZ
X c*
g Z
zYpkZ xsZY x X 7c*
Hg zcxsZ
X 7[Z Wc~ L
L DgZ ] LZ Wz6,y{q
-Z kZ
+5zzkZX 0+ z )X 7
 Z',
x7s %Z[ Z
VrZ ?gzZ c*
+!
gzZ +#
ZH7Z] t wZX gX',
X} RepresentxsZsgzZNeutral YeY+Zq
-Z c*
{gt
y W
OV(u~ ZgDW6,
Z]uzg Zg$
#
+[ gZvg )
,
tVrZX yhuLZ
C
YN YiZ N
C
2016 ~g 52 m] )x

OIZa ] Z Z yxg yZ 0
yxgV
X 4YwEZ b ZgzZ
-
X @*
Za i Z ?k6,
CY ZVgzZVEc*
q
- 4,
+GyZ Y M**

Dt Z p ~ ZWz6,6,
gZ
HY7 kG
I gy.f **
Z
# wZt
E
EB+

}{z
{z}tD {zX iY  VrZ
X y{z}:g Z +]
c*
gz ZgX
 o{ c*
i az6,Z
Y Z {zH
A & Zg0
+Z
/Z wZ fZ s ZZ e
Xce~g 6,
kZg D} "z6,6,
g@#
Z h
+'
VrZ ?
-V X uVz z~ +wZ c*
J

r
# @Zi ?} Y
Xce',
7~b)%ZXD~ZZD7i{zC]!*
b)
X ]gz Rebuild~xsZ ]g @*
~ ZgZug IWz6,
LZgzZ~qg i
ZgVZzg bzg kZ ~ux Z ZZ **

X N Yg~w
B]uz Ds Z Z ]~sZZg ~ ZWz6,
:gzZ YYH yZ : 0 )gzZ
~^]g @*
w{a Yce
X YYc*

 6,
q
-Z
 Zg { Z', u 0*

y W
c*
{gt6,
gm{]]z ]c*
W Lk
,
L iZ e
Xce [Z b)LZZgzZce**
o1%
Zg Z ~z0
+
ZgzuZ zgzig W ]]zFkg `',~kZ
Zg\[ 'V1 FgzZ yW
WX Hg Z ] LZBg"Z {)z
X W6,
qkZ UZ{VzgzZw
LZ v~Vzg x X W~i Z0
+Z Zzg)gzZ?
az6,
Z g kZ
kZX @*
7Iz cgzZ [Z wZ6,X D ZC
'!*
Z D Y| 7,
LZ
N YiZ{~q
-Z7etX c6,qC
+qgzZY ~g
-Z X m
q
y Zz6,] zggzZ W6,gZzg)~V t {Z
+ kZ @*
{z T#
Z + ~(,
 kS X 0*
F,
tzg: ZI |gzZ Rational
{ c*
i ]ZZ nkZgzZ \Z kZ ]gzX ` Z{ c*
i
 ~gz Zd {
X { c*
i

2016 ~g 53 m] )x

^$ ^f]
zgw

Zzg^q
-Z
( UNITE) Universal Nexus for Interfaith Trust and Engagement 25
~h ~W X **
Y !*
WxsZn
~WIZ',
ZZxZk
,
i
**
q
-Zg
$u{gzk
,
i~eYgzZ ~ZZ@Zi **
x H *ZV xZ >g
xsZV;gE- sZDZw2~gX : Zzg+
$Y!*
WxsZBZ
VZzgz bzg kZZ mz **
X Z Hx Z
/
z6,q
-Z ;gE- ? qbgzZ
bgzZxsZ x H *ZX qzx Z
/
z6,~]gZ~C
iZyYZ Z e {Z',
u>X
X(
)
Z
~}gZT)W6,
qx~
kZX H Z Zt] Z
/y**
gzZY ~C
iZy YZ Z ey~ZZ@Zi **

;gE- X ]5 ;gE- yZ%xsZ ` ZuZ e V ~ ~W r


# Z e
}g Z mz **
X~Eypg**
V **
Y 10/1Y !*
WxsZ W
}g T ~ .Y fs Zq
-\W HwZ x H *Z VrZX { Z_
VX zKZ]!*
pk0*
C
Y wZt ! c*

**
X ~V
X [7{zXV;z'*
! ~p **
YV;zZ
O Z ~z0
+ZdZ1ZgzZ ~R,
ZgxgsZgz V;z V; ~Eypg**

i X p=6',a<
Z Z Z zQ[ }
X gJ
-)B)zZ mz **
zQ[ ~Ey pg **
Z Z
-Z c*
q

D.
tzf \g- gzZ}g x H *ZX W?]Z
Kx Z ~ V;z ~- ~i
s W al
x **
**
n X @ "z Z [ " [
\[t`?xXZs Wal
**
[
Kx Z
H{gyZ~X Z
V; }g n Y H"
$U*
s %Z ~yW
a kZ CY J 7,~ [V- g 0*
X :D[kZ g
2016 ~g 54 m] )x

H Zjw zggq
-\Wf [q
-Z bZ Y7Z mz**

I
\
) zZ ~R,
ezg {]g Ziz `

S7,~ y ~ C , **
X
-X
~]g! ]Z m,z* ~g u{A
$%
y"~~ e W~ ',w zggq
y ~
CY Y x **
''y '," kZ Z `
 CB "Rli i{
7pc*
)fV2z &zX g7p ~y!*
i`
[tX
Hc*
~',
-kZ X H
q
~=Z kZX ~ k
B )**
izgy[ kZX B
~ V D y*
0 YgzZ q
-~ y kZ y 0*
Y ` ^g7g kZ= X W
X 7tzf Zg c*

Y *ZX ~ R,
WV *
0 Yq
-ZgzZ HHR,
X 7]!*
p~gLyG**
**
~V ;zX ~:Z
4get=X mZ e:g
/
y0*
C
Y@*
Yc*
Z
/
:/VZ
/Z6,
y0*
Y c*

D]!*
~eZ
29)X, Z
//VZ {z V ;g^7'yZBt Z
# ~ z t
( iEzZ7zg Z!ZfX ~ m,?Z
//VZ?F,
gzgyZ+(zg~g @*
**
? wH V ~\g- \W ! **
HwZ r
# zQ
~ Zi WV WzggzZ **
W g kZ g~Z wt X ;g W Z
V }~-
H~T H{E
+^g7g ~eg Z ~ ', r
# QX
X @*
Vz
/cy VZv0*
~
C
7x **
W? kZ p )l \W6,F,
zg Z [ g ^
, yY Y7 Q
r
# ~],
Z4ZHn~X ceHx **
Wp7x= c*

Y *ZX
]DZ Zj Z >uz6,yZ Y f [ gzZ ]DZ V; }g Zj
= c*
ZzY *Z6,
kZX J7ZzzkZY f& Y *ZX D
**
c*
[Z ~? Ht\W~}g !*
Z >uz HwZ+ g
$uIZ
X Zztr
# y {& [ZXtZz ~@k
,
+
2
Vx
X Y7 7 kZ {g !*
z kZX Y| 7,X V; ~ ? c*
CZtt VrZ
U*
Z]| X ]!*
}'
} (, ZjkZ CZ?Z**
]|
X {z7 c*

r
# X '!*
tt~}g !*
Z >uz
x z[yZVzx ?y Z kgZ ~[f { Zg Z Z c*
C **
Q
pY H
 gx gzZ Y $
+[ yZ C]!*
6,kgZV ; }g X H

Xce**
x 6,
kZ ]!*
hZ c*

x H *ZX YHx 6,
yZkg Z~[f

HyZzq
-Z x Z/gzZ c*

y)i **
6,Zp ~Eypg**

2016 ~g 55 m] )x

t +@WX c*
W;Zzl
q
-Z 7Z~X g Ya
) )q
-Z /

tX Le **
X yYxst/X ix?Z7Z kZ~z Z ZX
t
X Xwi **
]c*
WyW
]+Z[gvZX c*
O Zzl
kZVrZ

]i ]n$ fj # ] nf o je ]] ]?! m$] ^m% ^m5


F$ ] n] o5 ]
# ] (^n% ] nFv]
jfi ( ^+ k
( 94e
$ M Y Z ) XZn% ^

gzZz 1bhZ ( n+ T ) d~{ ZgvZ ?Z


# ! ZzyZZ} Z L L

}g v) k0*
vZX 7?z:tZg {y ~EkZ}xs

X w ( a

X c*
OVY Wq
-Z% Z e6,]!*
kZ\vZ

gzZ Dg
/
x
H0z ` Z'
}g ` W na kZ ~ ]!*
t
VrZX VzkWp~b!*
qq
-Z
 X D Y~
$ *
A
@Y {)z yvgzZ @*
Y Z9)u { YZ~kZX Vz kW
4$
EgG
5 E
_!*
zt` WX ]gz?kZ`WX G
{zX ]!*
{z Y
Y gG
4
5BE$X
QX *
@Yyv{YZ~kZX @*
Yc*
;]!*
6,
{)zc*
z E
# X vZ~}g!*
Z
kZ X C q6,kZ gzZ ]!*

X
=\vZX zA
$YZz]!*
bhZ

# s Z **
r
]|g
$Z vg )
,gzZZ !*
WxsZ x sZ Y f
]!*
Q~ 5 ZgX} 7,^+
$Y yyZX ~ ] WyLZgzZA Y *Z

zg ZV xZ**
xsZ +
$Y Z ~z0
+ZdZ1Z { Zg Z Zg c*
C VrZ
Z 8 gzZ*Z ]Y!p qz +y* q
-ZX N Y Z]6,] }
.

ZdZ1Z **
xsZY Ckg Z}g ~ m,
?q
-Z ~X N Y ZVR ~ e
4E
5ZgzZ {ZZ >Y ZZs ~z0
45E
G
+
z~kgZZ\ W e
/ZX Zz Zj EG
qt Z
# X Ogt yZ sg g Zz ] }
.]|V;zgzZ Og\gz y & c*
y

X Zzx 6,VxZ**
\W~]gkZ t
gzZB; Zg 'Y VrZ Y7 wZjZ yZ Y *Z X y r
# szZ **

xZ VrZ c*
Zz 0Z ! Z ]| Y *Z?kZX @*
Y^x g #
sy !*
i


k
{g aVk
HkZ {z B W L
L ug I
g Z zmvZ 2016 ~g 56 m] )x

gzZvZ
M e} izgypgi n
g 2~gg J
-ukZ=vZ c*

X @*
;gg g?ggz0
+ZyZgzZ
wJtvZX Lg:vZ
c*
ZzgzZq
-Z BgzZ c*
Zzz Z[
Kx Z Y *ZyZgzWZ
MZ
,
 [Z kZ ZwZ~}g !*
i V;z Y~ i !*
y Z
#
X c*
!Zj ZZs Z~kZX| 7,
e 6gzmi!*
c*
~q
-Z6,
[fgzZ : Zzga<
Z Z Z x Zk
,
iV
$**
- kZ
g.) *kgZ HwZQ~i X Z Z~. b i
VrZX HtN Z (, xj%/ZZ e c*
[Z x H *ZX CYV ( Y f.
gzZ
D Y ~ kg Z {z D ` Z'
kg Z {z q
-ZX 9g e Y kg Z
ZX @*
0*
nz wZC
zW CZ~gE- oyzZuzkZX
{)z #
Z K a kZX}x i
+Z }wjZ c*
;gE- {z @*

X D cg+
$Y
6,kZXce o ZY fp ^
,Y c*
Cx H *Z Y7X?yq
-ZyZgz Z
@*
1 ,~X @*
X i ~i D^N Z KOZg**
gzZ~ c*
Zzt
c*

VrZX Y7 r
# Zzyq
-Z ~Xf
eY ,~gzZf
e| 7,**
X
X~{iZ\Wp ZC
z \Wc*
[Z ?zzHY7~X 7,7\W
X 7w"7,
~i ZakZX ZC
z7{z 7,
N\W
]
 Z',
x I **
X H[ <
Z Z Zx H *ZkZ
H ? { Za <
b) !*
{
KZ Hp <
g Zq
-Z ~ ~I
? { Za <
t H**
) x Z0
+{gzZ c*
J 4 !*


A !*
Z B
p ;g Za b)~}wEZ <
<
X *
*yi Z ~ w}
b) X *
<
*6,
C ~I |]!*
X ;g Za b){ c*
i kZ s ZZ
Za b){ c*
i kZ Zz6," <
gzZ s ZZ <
]z <
K Za
8{ ^

,Y6,
C<
Zb)yZ6,x **
<
ZVLe It~akZX K
l6,b)i7g
KZ Ve b x t * ` W~gzZ
}<
X *
*7iyZ~[|Z` W ]x<
Z6,i3Z
X ~g Z)f ~g b] 3Zzs]xWVw

X wz ~g c*
r
# +Z [{k
,
1Z ?V
C
$**
- } x H *Z [

X : Zzg+
$Y!Z Z`
:ZzgzZ q Z Zr
# g Z**
gzZ Q
2016 ~g 57 m] )x

Você também pode gostar