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Friday, October 25, 2019

Pakistan to earn $365,00,000 per annum from Kartarpur pilgrims The service fee from the pilgrims - Indian Rs 259 crore per annum and about Pakistani Rs 555 crore - will be another source of foreign currency generation for Pakistan, which is already reeling under severe financial crisis. PTI|Oct 24, 2019, 03.36 PM IST

Kartarpur-

NEW DELHI: Pakistan is expected to earn up to $365,00,000 from pilgrims visiting the holy Darbar Sahib in Kartarpur, the final resting place of Sikhism founder Guru Nanak Dev, officials said on Thursday.

The service fee from the pilgrims - Indian Rs 259 crore per annum and about Pakistani Rs 555 crore - will be another source of foreign currency generation for Pakistan, which is already reeling under severe financial crisis, a government official said.

Since 5,000 pilgrims are are allowed to visit the Gurdwara Darbar Sahib Kartarpur in Pakistan, which will be charging $20 service fee per pilgrim, will earn $1,00,000 (approximately Rs 71 lakh) every day.

As the rate of Pakistani currency is Rs 155.74 for one USD, the per day earning will be Rs 1.55 crore (Pakistani rupees).

Since the pilgrimage will be allowed all 365 days a year, Pakistan will earn $3,65,00,000.

The value of amount will be Indian Rs 259 crore and Pakistan Rs 555 crore, the the official said.




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